Office
Oxford Properties JV Nabs Pair of DC Trophy Buildings
The Canadian company partnered with Norges Bank Real Estate Management for the acquisition of the Class A properties. The assets add up to more than 500,000 square feet of core office space.
Canadian Fund to Buy Houston REIT in $1.2B Deal
CPPIB will be acquiring Parkway Inc., which has a strong local presence, with an office portfolio of about 8.7 million square feet across 19 properties.
Starlight Acquires Two Office Buildings in Canada
The company entered a joint venture with a European investor to purchase two value-add buildings in Mississauga, Ont., totaling 200,000 square feet.
Aston Properties Inks Lease in Charleston
T-Mobile’s new customer care center, a former Kmart store that closed in March, is expected to ultimately hold 1,200 employees.
Downtown Phoenix Office Building Lands $51M Financing
HFF secured the three-year, floating-rate loan for U.S. Bank Center, a 360,000-square-foot high-rise building. Completed in 1976 and renovated in 2013, the property is 63 percent occupied.
Savills Studley Inks 60 KSF Atlanta-Area Office Lease
Starting January 2018, Hodges-Mace will relocate its headquarters to Building E within the Lakeside Office Park in Sandy Springs, Ga.
Middleton Partners Snags Milwaukee CBD Asset
The company purchased the property from Riverview Realty Partners, which invested $17.3 million in upgrades since acquiring the building in 2014.
Keystone Nabs Miami Asset in Sale-Leaseback Deal
The company now owns the entire office park, which is 89 percent leased. The real estate investment firm has owned the northern section of the campus for more than 10 years.
Remington Corporate Center’s Final Unit Changes Hands
NAI Hiffman closed on the sale of the last 2,147-square-foot office condominium part of the 63,000-square-foot multi-unit property in Bolingbrook, Ill.
Olive Hill to Redevelop Silicon Beach Office Campus
The redevelopment program will focus on creating new amenities, such as a new gym, a food truck loading zone and a bocce ball court. Olive Hill Group will also rebrand the two-building asset.