Office
MacKenzie Markets 100 KSF Baltimore MOB
The Class A property is situated on the campus of University of Maryland St. Joseph Medical Center and offers medical office spaces ranging from 1,000 to 6,200 square feet.
Fort Worth Office Park Changes Hands
JLL brokered the sale of a 45,111-square-foot office park in Fort Worth, Texas, as well as the 2.6 acres on which it is situated, to 3700 Hulen LLC, on behalf of Chemical Management Co. Inc. The property once served as the headquarters for a mineral and lime producing company.
Financial Tech Company Relocates to Phoenix
Upgrade Inc. leased 38,000 square feet of office space in the first building of Renaissance Square in Phoenix. The company plans to hire up to 300 people.
Boston Office Asset Lands $208M in Financing
The 10-year loan was made to an affiliate of Rockpoint Group LLC., which purchased the asset in January 2017 from CBRE Global Investors for $370 million.
Office Sector Offers Opportunity in Q2
Robust job growth bodes well for office properties, despite uncertainty about the current cycle and future political and economic policy.
CBRE Secures $152M Bay Area Office Refi
The owner has repositioned and modernized Rosewood Commons, taking it from 10 percent leased at purchase to 95 percent leased now.
Venture Corp. Opens MOB in San Jose
The 16-unit development is offered for private ownership with full financing available and leasing. The city has the nation’s highest occupancy rate for this type of asset.
Suburban Philly Devon Square Trades for $34M
In a deal brokered by HFF, the two-building office complex in Wayne, Pa. was sold by a joint venture of Keystone Property Group and Argosy Real Estate Partners.
Douglas Elliman Moves Miami Flagship Office
The company chose a new flagship location in the Brickell corridor, appointing Managing Broker Martha Pomares as office lead.
BIDMC Takes 21 KSF in Eversource’s Suburban Boston HQ
In a deal brokered by Colliers International, Beth Israel Physician’s Organization relocated to The Summit at Station Drive in Westwood, Mass.