Office
Slate Office REIT Snags $191M Portfolio in Canada
The Toronto-based company purchased the 1 million-square-foot group of properties, located in Greater Toronto and Atlantic Canada, from Cominar Real Estate Investment Trust.
Unico Properties Sells Denver CBD High-Rise
Westport Capital Partners purchased the 28-story, 284,600-square-foot building. HFF represented the seller and secured the acquisition loan from ACORE Capital.
Somerset Properties Sells Office Portfolio in NJ
The 304,732-square-foot portfolio was 94 percent occupied at the time of sale. The office buildings are all located within minutes of major thoroughfares.
Financial Services Firm Inks New DC-Area HQ Lease
The company’s new headquarters will occupy more than 20,000 square feet in a newly renovated office building in Rockville, Md.
On the Market: 5 Interesting Listings for March
This month’s listings include a boutique hotel in Boulder, Colo.; a former bank covered by vegetation in Santa Ana, Calif.; and an upscale office building located on Embassy Row in Washington, D.C.
Clipper Group to Relocate, Consolidate Houston HQ
JLL’s Eugene Terry represented Clipper Americas, a subsidiary of the Clipper Group, in the lease negotiations with landlord Moody Rambin.
Moonwater Capital Expands in Vegas With $41M Office Buy
The company plans on filling the vacant first-floor with retailers. Two, 4,000-square-foot pad sites will be added on adjacent land, intended for medical offices, office or retail development.
Why Office Landlords Need to Increase Creativity
Gemini Rosemont’s new COO, John Meehan, discusses the transforming office sector, why investors can now find long-term values in suburban markets and how to be prepared for the changes that will impact the industry.
Pipeline Workspaces Coming to Tampa
The tenant’s announcement comes just six months after the shared workspace company made its entrance into the Central Florida market with Pipeline Orlando.
Rubenstein, Vision Real Estate Ink Twin NJ Office Deals
The longtime joint venture team purchased Phases I and II of the former Morris Corporate Center IV in Parsippany, N.J. The partnership is set to renovate and rebrand the five-story trophy buildings.