Office
On the Market: 5 Interesting Listings for July
This month’s listings include Cleveland’s Battery Park Powerhouse Building, constructed in 1910, and a newly renovated nine-unit apartment property in Portland, Ore.
Colorado Office Center Finds New Owner
The Church Ranch Office Center in the Denver submarket of Westminster was purchased by a private equity firm. HFF marketed the property on behalf of a special servicer.
Vornado Completes $500M NYC Refi
The 40-story office building is located in Midtown Manhattan at 330 Madison Ave. It’s the fourth Manhattan asset the REIT or an affiliate has refinanced in the last eight months.
JLL Launches Workplace Strategy Council
Leading suppliers in architecture, flooring, lighting, furniture and audio-visual technology will meet regularly to create solutions for best work practices.
Irvine Leases 300 KSF+ of Office Space in Downtown Chicago
More than 20 lease agreements were inked at three Chicago trophy towers: One North Wacker, 300 North LaSalle and 71 South Wacker.
Velocis Snags WPB Office Tower
The LEED Silver certified property is 47 percent occupied and will undergo extensive renovations, including the creation of a modern tenant lounge.
Boca Raton Office Asset Commands $39M
The four-story 301 Yamato features a wide array of amenities including executive suites, on-site banking and 24/7 manned security.
San Diego Office Complex Gets 2 New Tenants
JLL arranged two leases at Scripps Plaza, a two-building office campus in San Diego. The asset is located next to the Scripps Ranch Marketplace, and recently underwent renovations to expand its amenities and parking.
Boston Properties Buys NJ Office Asset
The company added another 96,000 square feet to its Princeton, N.J., inventory with the acquisition of a Class A office asset located within the 560-acre Carnegie Center. Cushman & Wakefield brokered Mack-Cali Realty Corp.’s $16 million sale of the asset.
Velocis Adds to Its San Antonio MOB Portfolio
The private equity real estate manager acquired the Legacy Oaks medical office complex through its Velocis Fund II.