Office
Stagwell Group Inks Lease at One World Trade Center
The investment advisory company will occupy the 62nd and 63rd floors of the tower totaling 83,955 square feet, bringing the tower’s occupancy to 75 percent.
Free Market Ventures JV Acquires Chicago Office Asset
The partnership purchased 6400 Shafer Court, which offers 179,442 square feet of space and is currently 88 percent leased to 15 tenants.
JBG Breaks Ground on DC-Area Headquarters
The 14-story building on Bethesda Avenue is slated for completion in the third quarter of 2019. The REIT will occupy the lower floors, with 200,000 square feet of office still up for grabs.
Netflix Expands in Hollywood
Hudson Pacific Properties facilitated the deal. To date, the two companies have teamed on more than 560,000 square feet of office space.
Nashville Office Portfolio Changes Hands for $25M
The two assets amass 135,003 square feet and are predominantly leased to WEX Inc. and Parallon Business Solutions. Stan Johnson Co. arranged the transaction.
TCC, Meadow Partners to Redevelop Building Near the White House
The companies have joined hands to purchase an 80 percent condominium interest in the Motion Picture Association of America Building. The MPAA has retained a 20 percent interest in the building and will occupy two of the eight floors once the asset is completed in 2019.
Onyx Equities Sells 2 in New Jersey
The real estate investment firm disposed of two office buildings owned with two separate partners, Russo Development and Rubenstein Partners.
HFF Arranges Financing for First OC Creative Office Campus
The development is located at NWC Armstrong Avenue & Barranca Parkway and is the first office structure to be built within the 1,600-acre Tustin Legacy master-planned project.
Alexandria to Develop 1 MSF Research Triangle Mega Campus
The center will be adjacent to the company’s 6 Davis Drive. The project will begin with the redevelopment of the Cornwallis site into 175,000 square feet of office, laboratory and greenhouse facilities.
Lingerfelt CommonWealth Debuts in Houston with $50M Buy
The Richmond, Virginia-based firm acquired a 14-story office tower located in the Galleria/Uptown submarket. The asset was 81 percent occupied at the time of the deal.