Office
Hines to Renovate Phoenix Office Campus
The company plans to invest up to $1 million to upgrade the exterior of 24th at Camelback, a 627,000-square-foot office complex. The refurbishment is scheduled for completion by the end of the year.
Gramercy JV Buys 280 KSF Inland Empire Office Building
Working on behalf of Founders Properties, NKF brokered the sale of Northpointe in San Bernardino. TPG Capital teamed up with Gramercy Property to purchase the five-story asset.
Tenants Announced for Atlanta’s 7000 Central Park
The Class A office tower, currently undergoing an extensive modernization process, is part of CBRE’s “5-Star Worldwide” program.
Piper Jaffray Renews Lease, Relocates to AZ Camelback Esplanade
Lee & Associates brokered the 3,900-square-foot renewal, relocation and expansion for the lessee. CBRE worked on behalf of LBA Realty, the landlord.
CBRE to Market Miami Office Development
Carol Ellis-Cutler and Alina Plasencia, alongside Andres Asion of Miami Real Estate Group, are spearheading marketing efforts. The project is slated for completion by early 2019.
Economy Watch: Tech Sector Driving Office Demand
So far in 2017, the top 10 cities for office absorption include several tech-focused markets, including Brooklyn, Seattle and Santa Clara, Calif., according to a new Cushman & Wakefield report.
Hawaii’s Largest Office-Industrial Park Lands $165M Financing
Working on behalf of AIPA Properties, Sonnenblick-Eichner secured the 15-year, fixed-rate loan for Airport Industrial Park, a 1.3 million-square-foot mixed-use complex in Honolulu.
CBRE Adds Tenant to WPB Office Park
Brown & Brown outgrew its 9,800-square-foot office space at 1401 Forum Way and plans to relocate to Centrepark West in April 2018.
CBRE Tapped to Lease Lehigh Valley Office Building
The LEED Gold certified The Plaza at 835 Hamilton in Allentown, Pa., is home to financial tenants such as PPL Gold Credit Union and BB&T Bank.
DC Office Building Trades, Seeks Rebranding
In a deal brokered by Newmark Knight Frank, American Real Estate Partners paid $64.2 million for the 192,000-square-foot office asset located in the NoMad submarket of Washington, D.C.