Office
1 MSF Chicago-Area Office Complex Sells for $78M
Partners Long Wharf Capital and Hamilton Partners sold the two-building campus consisting of One Pierce Place and 500 Park Blvd. in Itasca, Ill., to a joint venture involving Balfour Pacific Real Estate Fund IV and Hamilton Partners.
Friedman Arranges MI Office Lease
The company represented the tenant, Somerset Pain Clinic, in closing a leasing agreement for 8,230 square feet at City Center in Troy, Mich.
NBC Sports Bay Area Renews San Francisco Lease
The company will continue to occupy 44,000 square feet at Kilroy Realty’s 360 Third St. property, located in the city’s South of Market district.
Avison Young Brings NJ Office Asset to Full Occupancy
Hitachi Chemical Advanced Therapeutics Solutions signed a 50,000-square-foot lease at Loeb Partners Realty’s facility in Allendale, N.J.
Kennedy Wilson Refinances $334M of Irish Properties
Euro-subsidiary completes refinances of seven assets, including office, retail and multifamily properties in the capital city of Dublin. The deal follows this fall’s merger between Kennedy Wilson Holdings and Kennedy Wilson Europe Real Estate.
JPMorgan Renews, Expands Boston Lease
The company will take over 140,000 square feet of office space within a converted warehouse building located in Boston’s busy Seaport District.
Peregrine Realty Snags Seattle Flex Park
The six-building property is located in the city’s northern suburbs and provides more than 200,000 square feet of office, lab and logistics space.
Suburban Philly Office Building Fetches $31M
The 169,163-square-foot River Park I in Conshohocken, Penn., previously served as a paper mill and was converted to office in 2001.
Laidlaw & Co. to Relocate NYC Offices
The investment banking firm has signed a 10-year lease for more than 20,000 square feet of office space in a prime Midtown Manhattan location.
Transwestern, JDM Partners Buy 2 MSF Tempe Office
The partnership acquired the five-building Marina Heights campus from State Farm Automobile Insurance Co. in a sale-leaseback deal valued at $928 million, which could mark the largest-ever CRE sale in metro Phoenix.