Office
Coretrust Picks Up 640 KSF Pasadena Office Campus
The company paid $260 million for Corporate Center Pasadena and is set to invest more than $90 million to upgrade and reposition the four-building asset.
San Diego Office Property Trades for $18M
Constructed in 1989, the two-story, 61,227-square-foot building recently underwent renovations, which included upgrades to the lobbies, common areas and entryways.
Caerus Group Retrofits Former Long Island City Facility
The fully renovated office building in the heart of the city used to be a jewelry manufacturing plant. Newmark Knight Frank announced the market debut of the new property.
C&W Bolsters Ft. Lauderdale Office Asset Tenancy
Tenants Patriot National and Marcus & Millichap will occupy a total of roughly 32,000 square feet at Cypress Financial Center, bringing the building’s occupancy to 88 percent.
Transwestern Taps New NorCal SVP
Blake Peterson has more than 15 years of experience and will lead Transwestern’s office property management services for the region.
Rockwood Capital JV Expands LA Office Campus
The upcoming one million-square-foot building is the last to be constructed in the 6.5-acre Water’s Edge in Playa Vista. The project is scheduled for completion by the second quarter of 2020.
Swift Real Estate Grabs $110M San Francisco Tower
The subdivided condominium interest in the 219,700-square-foot building at 1390 Market St. last traded in 2007 in a deal valued at $42.7 million.
Facebook Signs Largest Office Lease in San Francisco
MetLife Investment Management, The John Buck Co. and Golub & Co. have signed the social media giant for all of Park Tower at Transbay, an upcoming 43-story Class A tower in the metro’s Financial District.
Manhattan to House Convene’s Largest Location
The flexible workplace provider will occupy four floors within the Brookfield Properties-owned One Liberty Plaza., joining tenants like Aon, Business Insider and New Avon.
NAI Hiffman Arranges Lease for SLAS
Senior Vice President Perry Higa represented the tenant in its headquarters relocation from Saint Charles to an office building in Oak Brook, Ill.