Office
BLT Converts 2 SoCal Properties Into Creative Offices
The firm’s major renovation plans for a 6,500-square-foot industrial building and a 4,680-square-foot music studio include exterior and interior upgrades.
UK Health System Signs 105 KSF Office Space Lease
The University of Kansas Health System is now the single tenant at 11300 Corporate Avenue, a 172,000-square-foot office space building in Lenexa, Kan.
JV Arranges $25M Sale of GE Transportation Building
Reserve Capital Partners purchased the 182,000-square-foot property, which was 100 percent occupied by GE Transportation at the time of the sale.
TA Realty Lands $48M Loan for Doral Office Asset
Following the purchase of One Park Square in October 2017, the new owner secured a long-term, fixed-rate mortgage through Guardian Life Insurance Co.
Turner, AC Martin Win $520M CA State Project
The State of California Department of General Services chose the longtime partners to take on the design-build responsibilities for the new headquarters of the Department of Natural Resources in Sacramento.
Liberty Property Trust Sells Suburban PA Office Portfolio
The company sold the assets in two separate transactions totaling about 780,000 square feet. The properties are located in Wayne, King of Prussia and Malvern.
Castellum to Redevelop Landmark Stockholm Building
The Sweden-based firm is set to invest more than $35 million to transform a 124,000-square-foot property in central Stockholm for office use.
Seattle-Area Class A Office Asset Trades for $15M
PJP Group LLC has acquired the 41,405-square-foot, 100 percent leased office building in Kirkland at a record price per square foot.
Top 5 Office Portfolio Transactions of 2017
Throughout the past year, the U.S. office transaction volumes softened, but this didn’t stop institutional investors such as Duke Realty, BlackRock or JPMorgan to trade massive portfolios at high prices, Yardi Matrix data shows.
Rockwood Capital Buys Bay Area Office Park
NKF Capital Markets represented Invesco in the sale of Growers Square, a three-building, 195,372-square-foot Class A development in downtown Walnut Creek.