Office
C-PACE Funding Granted to Houston Office Asset
The deal marks the eighth C-PACE loan that Petros has funded in Texas and its second in Houston. The funds will be used for energy upgrades to a Houston office building located at 1225 North Loop West.
USAA Sells San Antonio Office Campus
Developed in 2014 and 2015, the two-building business park is 100 percent leased through January 2017 to USAA and Harland Clarke Holdings.
Lane Partners Acquire Walnut Creek Office Building
NKF brokered the sale of Station Plaza. The three-story asset is part of the Contra Costa Transit Village, a 2.4 million-square-foot mixed-use project.
JV Grabs Suburban MD Flex/Office Assets
RREEF has sold the properties—part of the Oakland Ridge Center in Columbia, Md.—to a partnership between Feldman Bergin Development and Fortified Property Group.
SL Green Sells $305M NYC Office Asset
The 36-story, 303,515-square-foot Class A office building at 600 Lexington Ave. was acquired by SL Green as part of a joint venture in 2010. The company then took full ownership of the property in December 2015.
HFF Arranges $100M for CT Office Park
The company arranged the five-year, fixed-rate loan on behalf of Clarion Partners for Merritt 7, a six-building, 1.4 million-square-foot office park located in Norwalk.
Tech Office Users Branch Out
With companies vying for the diminishing pool of available office space in North America’s top tech neighborhoods, surrounding submarkets are primed to benefit from the overflow of demand, according to CBRE’s annual Tech-30 report.
CBRE Secures Tenants at Revamped Atlanta Office Asset
The 120,000-square-foot 30 Tech Park underwent a series of upgrades, including exterior refurbishments, the addition of creative office space and community outdoor spaces.
Boca Raton Business Center Lands 16 KSF Tenant
The new tenant agreed to relocate to the first phase of Lynn Financial Center, an 85,000-square-foot office building situated in the city’s business corridor.
TA Realty Sells Suburban Ft. Lauderdale Office Assets
Avison Young’s Florida Capital Markets Group worked on behalf of the seller in the disposition of Weston Commerce Center and Chase Building.