Office
Rubenstein, Nordblom to Transform Urban Neighborhood in Boston
For Rubenstein Partners L.P., building up its Boston portfolio appears to be an annual event.
German Company Invests in Austin
German investors’ interest in the U.S. commercial real estate market continues unabated, and Munich-based GLL Real Estate Partners GmbH’s acquisition of Prominent Pointed I & II in Austin is among the latest evidence.
Clarion, MHP Take to Manhattan’s Financial District
Clarion Partners and joint venture partner MHP Real Estate Services have become the proud new owners of the 1.2 million-square-foot Manhattan office tower at 180 Maiden Lane.
Canada Pension Plan Investment Board Makes First Investment in San Francisco
Canada Pension Plan Investment Board is making its first direct investment into San Francisco’s hot office market with the purchase of a 45 percent stake in 1455 Market St.
Trammell Crow, MetLife Ride Dallas’ Tight Office-Market Wave
In order to take advantage of Dallas’ tight office market due to expansion of major companies, Trammell Crow Co. and MetLife Inc. have teamed up to build a mixed-use project.
Brookdale Revealed as Buyer of 777 Main in Fort Worth
A local Fort Worth newspaper reported that the Brookdale Group was the unnamed buyer of the 980,000-square-foot office tower in downtown Fort Worth, sold by Cousins Properties amid a tenant lawsuit.
JANUARY ISSUE: Property Management–Occupancy Strengthens
What will demand for space look like in 2015, and which markets will score highest for absorption and increased rents?
KBS Feeds Bay Area’s Hungry Office Market with Another Purchase
To take advantage of an increasing interest from financial service and technology-oriented tenants in the San Francisco area, KBS has bought a three-building, Class A office property in Emeryville, Calif.
PANYNJ Report: Sell Assets, Limit CRE Investment Not ‘Integral’ to Transportation
The Port Authority of New York and New Jersey manages a real estate portfolio with more than 12,000 acres of land as well as 45 million square feet of office, industrial and retail space. But unless those assets move people or cargo, they are soon likely to have a for sale sign slapped on them.