Office
Federal Capital Sells DC-Area Office Tower for $226M
Harbor Group International is the new owner of One Dulles Tower, a 403,600-square-foot trophy property occupied in its entirety by Amazon Web Services. The deal comes less than three years after FCP purchased the corporate campus in an $84 million transaction.
LA Office Building Commands $196M
NKF Capital Markets represented Lincoln Property Co. in the sale of Wedbush Center, a 21-story tower at 1000 Wilshire in the city’s downtown.
Chicago’s Historic Wrigley Building Could Be Up for Sale
The owners, a group that includes Zeller Realty and BDT Capital Partners, have something to chew on, since the iconic Mag Mile office property may fetch more than $200 million.
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CFI Snags $40M SC Office Building
The previous owner, Daimler Trucks North America, has been the sole tenant at the property since 2008 and recently extended its lease for another 10 years.
OA Development Snags $63M Charlotte Portfolio
The deal marks the firm’s largest acquisition to date. The Park – Huntersville includes nearly 400,000 square feet of office space and is part of a larger master-planned commercial park.
LFC Development Signs Tenant in South FL
Duane Morris will move into a 61,905-square-foot office building within Boca Raton’s Lynn Financial Center. Constructed between 2007 and 2009, the park is LEED Gold-certified.
Akridge Adds Iconic Building to Portfolio
New South Ventures sold Trust Building, a 41,000-square foot office asset in the heart of the city. PMC Real Estate Capital arranged the financing through RGA Reinsurance Group.
Lincoln Offloads YETI’s Austin Headquarters
The property, which opened last summer, includes nearly 170,000 square feet of Class A office space across two three-story buildings.
Fannie Mae Leases 850 KSF in Suburban DC
Boston Properties will welcome the government-sponsored enterprise to Reston Gateway, its mixed-use transit-oriented project in Northern Virginia.