Office
Hines Acquires 650 KSF Berlin Office Campus
The buyer acted on behalf of a Korean real estate fund managed by Vestas. The three-building Allianz Campus is slated for completion by the end of 2018.
Douglas Emmett, QIA Buy $177M Beverly Hills Asset
The 10-story office building is 85 percent leased to a tenant roster including Wells Fargo, Sotheby’s, Morgan Stanley and Longo Law Group.
Mark IV Expands La Frontera Office Campus
The new building will be adjacent to the 87,186-square-foot Summit I, purchased by Mark IV in 2013 from Moore & Associates. The asset is the largest office building under construction in the Austin submarket.
Cush & Wake Completes Sale of Roanoke’s Franklin Plaza
Franklin Plaza is a five-story 136,455-square-foot office property located in downtown Roanoke, Va. The property traded for $6.4 million after being purchased by an affiliate of Times Equities Inc.
UPS Subsidiary to Create 325 Jobs in Atlanta
Coyote Logistics announced that the firm will develop a new 48,000-square-foot operations center at Atlanta’s Armour Yards, a flexible loft-office campus.
Billingsley Lands $110M in Dallas Office Refi
HFF secured the three-year loan through Ares Commercial Real Estate Corp. The seven buildings are located in Plano and Carrollton.
One Capital Management Relocates HQ
The company leased 9,000 square feet of office space at Phase II of Westlake Park Place in Westlake Village, Calif. The office campus comprises more than 450,000 square feet.
Feldman Arranges New Lease at Tampa Office Tower
The new tenant will relocate its headquarters later this year and will occupy the 18th floor of the office building which is currently under renovation.
Former IBM Building Secures New Tenant
Expanding its New York operations, law firm Greenspoon Marder has leased some 25,000 square feet of space at 590 Madison Ave. The property is currently 80.5 percent occupied.
New Tenant Announced for Upcoming OC Office Tower
Irvine Co. Office Properties is expected to open 400 Spectrum Center early next year. With the recently announced SendGrid, the property is currently 36 percent pre-leased.