Office
When AI, Real Estate Meet
Computers, robotics and related technologies in the workplace are causing major changes to how work gets done, creating disruptions as well as opportunities for real estate providers.
Blackstone Sells Office Portfolio for $101M
JLL’s Capital Markets team advised the company in the transaction, which included three downtown Boulder, Colo., buildings totaling more than 216,000 square feet.
California Investor Acquires Michigan Office Property
Wilson Real Estate II sold the 30,760-square-foot building in Troy, Mich., to LSTC Michigan, marking the latter’s sixth commercial real estate acquisition in the Detroit area.
Cohesity Relocating to San Jose
The company leased nearly 40,000 square feet of office space at River Park Tower II in San Jose, Calif. Expected to move in the last quarter of the year, Cohesity will occupy the seventh and eighth floors of the building.
AY to Lease, Manage Atlanta Office Building
The company, which currently manages more than 20 million square feet of property across the Atlanta region, has been retained to lease and manage a 10-story 213,000-square-foot office building.
C&W Negotiates Sale of Suburban Office Park
The capital markets team of Mike Davis, Michael Lerner and Rick Brugge represented the seller, DRA Advisors, in the disposition of the six-building asset.
Shoes For Crews Moves to Boca Raton
The retail company will relocate to its new 37,000-square-foot office within the Boca Raton Innovation Campus from West Palm Beach, Fla., in March 2018.
S. Korean Investment Firm Buys NASA HQ in DC
Two Independence Square, the largest asset in Piedmont Office Realty’s portfolio, sold for $360 million, or $593 per square foot.
JV Acquires Los Angeles Creative Office Building
Newcastle Partners and Westport Capital Partners formed a joint venture to acquire a 40,000-square-foot asset in Los Angeles’ Jefferson Corridor submarket.
Goodwin Leases 80 KSF at DC Trophy Building
The company will occupy the top three floors of the 11-story development located in the Dupont Circle and Farragut area. Relocation will take place in late 2019, upon building completion.