Office
ICM Realty Taps Transwestern to Lease Minneapolis Office
The 85,000-square-foot building, a former barrel factory in the city’s downtown, underwent a multimillion-dollar renovation in 2017.
Silicon Valley Office Campus Lands $71M Refi
CBRE has arranged the financing on behalf of Rockwood Capital and Four Corners Properties, the owners of The Junction at Montague, a four-building, 262,110-square-foot property in San Jose, Calif.
PCCP Shells Out $127M for Miami CBD Office Tower
CBRE facilitated the disposition of SunTrust International Center on behalf of seller Crocker Partners, while Invesco Real Estate provided acquisition financing.
Converted Charleston Office Nearing Completion
JLL is overseeing the transformation of the former T-Mobile call center on Daniel Island that will be known as The Landing.
JV Buys 2 California Office Buildings for $37M
The acquisition is part of Harbor Associates’ and Bascom Group’s $500 million investment plan throughout the Western U.S., over the next two years.
Economy Watch: US Office Sector Enjoys Healthy First Quarter
Stable vacancy rates and continued restraint in new office development contributed to the sector’s strong performance in the first three months of the year, according to Transwestern’s latest national report.
Spaces Doubles NYC Presence
The global co-working operator is opening its third New York City location and plans to add three more by the end of the year.
CIM Group Buys Denver Office Complex
The purchase of the LoDo Towers is the company’s first deal in downtown Denver, but it has been working on a large redevelopment project a few miles away.
GSP Arranges Acquisition Loan for Silicon Valley Office Property
Working on behalf of Vahe Tashjian of Dutchints Development, the firm secured financing for 24 months at an 85 percent loan-to-purchase price.
DivcoWest, CalSTRS Partner on $300M Investment
The strategy of the joint venture will focus on purchasing core and core plus commercial real estate assets in growth-oriented markets throughout the U.S.