Office
OC Office Campus Lands $39M Financing
HFF arranged the loan for Menlo Equities’ Towne Centre, a 292,271-square-foot office campus in Foothill Ranch, Calif. The three-building property underwent renovations in 2015 and 2016.
Lee & Associates Brokers DP Electric HQ Relocation
Formerly owned by Robert Coleman Trust, the office building is located in Tempe, Ariz., and encompasses more than 34,000 square feet.
Savills Studley Relocates Dallas Office
The real estate advisory firm will occupy an entire floor of the iconic Chase Tower. The new office space represents a 15 percent size increase from the company’s previous location.
West LA Office Asset Lands $33M Refi
Quantum Capital Partners arranged a CMBS loan for a 107,000-square-foot West Los Angeles office building. The real estate capital advisory firm represented the landlord, a a joint venture between Sunrise Real Estate Group, Robhana Group and 4M Investment Group.
Top 10 San Francisco Office Buyers
Since January, seven transactions valued at more than $100 million closed in the metro. Well-known industry names, including Blackstone and Beacon Capital, are among the top buyers.
Colliers Closes $9M Office Sale in Boca Raton
Kevin McCarthy and Bastian Laggerbauer represented LNR Partners in the transaction. The special servicer retained Colliers to lease and manage the building following a foreclosure procedure earlier this year.
Chicago Office Park Changes Hands for $75M
HFF represented Principal Real Estate Investors in the sale of the five-building property in Lincolnshire, Ill., while Bradford Allen Investment Advisors handled the deal on behalf of the buyer.
BB&T Grabs Raleigh Office Building in $34M Deal
In addition to Highwoods Tower One, Highwoods Properties has agreed to sell the adjacent Highwoods Tower Two. The second transaction is scheduled to close in the second quarter of 2018.
WBCS to Relocate to NW Dallas
The Women’s Business Council–Southwest signed a 4,242-square-foot lease at MacArthur Centre II in Irving, Texas. The independent business entity is scheduled to move to its new location this December.
CBRE Arranges Chicago Lease for Property Law Firm
Green Griffith & Borg-Breen relocated from 455 N. Cityfront Plaza Drive to one of the highest floors of an office tower on Michigan Avenue.