Office
Forest City JV Buys $300M Stake in Cambridge Assets
The properties include 486,000 square feet of predominantly life sciences office space, in addition to a parking facility and commercial space.
Savills Studley Office Report: Shifting Concessions
Per the firm’s 2018 Effective Rent Index, rates continue to increase and concessions remain on the downswing in tech-centric cities, while markets dependent on traditional users experience the opposite.
SL Green Signs 2nd Law Firm to One Vanderbilt in Manhattan
McDermott Will & Emery LLP will be leasing floors 44 through 46 and floor 67 at the 58-story, 1.7 million-square-foot trophy tower.
Franklin Partners, Bixby Bridge Acquire IL Office Asset
Wright Heerema Architects will lead the renovation work at 263 Shuman Blvd. in Naperville, as the owners plan to turn the former OfficeMax headquarters into a multi-tenant building.
Cushman & Wakefield Negotiates Chicago Lease for Publicis
The new agreement includes a 50,000-square-foot expansion for the advertising company, whose office in the Central Loop now spans 681,545 square feet.
Brick and Timber Acquires San Francisco Office Property
NKF Capital Markets arranged financing through PCCP on behalf of the buyer, and represented the seller, Triton International.
Recently Completed Dallas-Area Office Building Lands Refi
Billingsley Co. will use the 15-year refinancing loan, provided by Lincoln Financial Group and secured by HFF, to take out the construction loan.
CBRE Buys Portland Office
NKF Capital Markets’ team has arranged the sale of Towne Storage, a historic warehouse building in Oregon. The office building is fully leased to Autodesk Inc.
RAF Pacifica Nabs First Tenant at San Diego Mixed-Use Project
Located in the master-planned community of Bressi Ranch, Calif., lift will consist of two Class A loft-style buildings totaling 53,106 square feet.
Long Island Office Complex Changes Hands
HFF represented both sides in the sale of a 141,000-square-foot, two-building office complex in downtown Rockville Centre, N.Y., which is the largest in the area.