Office
Colliers Brokers 100 KSF Lease in Boston Suburb
TechTarget extended its lease at Riverside Center in Newton, Mass. The company has been the property’s largest tenant since 2010 when it relocated from a neighboring suburb.
Portland Office Tower Commands $68M
NKF Capital Markets represented Felton Properties in the sale of 400 Sixth Avenue. A joint venture between SteelWave and Barings Real Estate Advisers purchased the 208,477-square-foot asset.
NJ Office Asset Lands $66M
Cushman & Wakefield negotiated the terms of the 10-year, fixed-rate financing provided by Morgan Stanley Bank N.A. One Newark Center is a Class A, 423,028-square-foot office building in Newark’s CBD.
WeWork Signs 45 KSF Lease in Manhattan
Swiss pension fund AFIAA has reached full occupancy at 125 W. 25th St., a Manhattan office property the firm acquired last year for $150 million.
Chamberlain Hrdlicka Extends, Expands San Antonio Office
The law firm will take the majority of the 14th floor of Weston Centre and extend its lease through 2025.
Meridian Group Grabs VA Trophy Tower
The acquisition fuels the company’s investment strategy, initiated by the development of an $825 million mixed-use project situated across the building.
Meridian Snags $17M Tampa Office Park
The new owner will invest $1 million in outdoor upgrades and indoor common-area renovations and plans to build a 2,000-square-foot shared amenity center and café.
WPB Office Park Strengthens Tenant Roster
The latest additions to the park’s diverse tenant roster are SV Microwave, Seacrest Services and Brown & Brown of Florida.
EverWest JV Acquires South Bay Office Building
A joint venture between EverWest Real Estate Partners and Frontal Trust purchased a 50,000-square-foot creative office asset in Redondo Beach, Calif.
Orange County Gives Its Best Performance
At the end of the first half of 2017, the metro reached its lowest vacancy rate since the recession, continuing the previous year’s positive net absorption streak.