Office
1776 On The Green Trades for $33M
Vision Real Estate purchased 1776 On The Green from Deutsche Asset Management in a $33 million transaction and plans on modernizing the office building.
TEP Barnett Moves to Fort Worth’s 777 Main
The company signed a full-floor sublease for a 20,752-square-foot office space in a landmark office tower. The space will serve as a regional hub for the firm.
Carnegie Hall Tower Lands $325M Refi
This marks Singer & Bassuk’s fifth financing arranged for the 60-story skyscraper since 1988. The César Pelli-designed iconic building won an Honor Award from the American Institute of Architects.
NGKF Closes Sale of LA-Area Office Campus
The four buildings comprise a total of 394,524 square feet of Class A space and are 95 percent occupied.
Crown Realty Dives into Hot Toronto Market
The firm acquired a 252,000-square-foot office building on behalf of its third fund, Crown Realty III LP, and other co-investors.
Suburban Office Stayin’ Alive
Despite the common narrative about the downfall of the suburban office market, the sector has actually been steadily improving since after the Great Recession, according to a recent CBRE report. Improving demand and lower supply levels have kept vacancy rates low and absorption high.
Rockefeller Group Finds Manhattan Elbow Room for Deloitte
Headquartered nearby in Rockefeller Center, the global consulting firm is expanding into 1221 Avenue of the Americas. Since the start of a three-year renovation in 2013, the trophy tower has tallied more than 1.5 million square feet in new leases and and renewals.
Boston’s Center Plaza Commands $365M
Synergy Investments and GreenOak Real Estate are the new owners of the 741,200-square-foot office and retail property, which comprises three interconnected buildings near Boston City Hall.
Savills Studley Secures Office Space for Pillsbury in Miami
The international firm is expanding its presence in Miami with the signing of a 10,566-square-foot lease at the LEED Platinum certified Brickell World Plaza.
Affirm Inks New Office Lease Deal in San Francisco
The new tenant will use floors eight through 12, as well as the annex of the building and is expected to relocate in August.