Office
U.S. to Remain Key Focus of Tel Aviv-based Clal Insurance’s CRE Expansion
Tel Aviv-headquartered Clal Insurance Group, Israel’s leading insurance, pension and financial services concern, has been busy building up its real estate portfolio in Israel and beyond, and the company has no intention of slowing down anytime soon.
DPF Acquires Two Class A Office Buildings in Denver
Dividend Capital Diversified Property Fund Inc. has acquired two Class A office buildings in the Cherry Creek submarket of Denver.
Five Mile, Crocker Partners Sell Houston Office Tower to MetLife
The Lakes on Post Oak office complex is located in Houston’s Galleria/Uptown district.
KBS REIT III Acquires Atlanta Office Building for $132.5M
KBS Real Estate Investment Trust III has acquired 171 17th St., a 21-story, trophy-quality office building in Atlanta for $132.5 million plus closing costs from JP Morgan.
UPDATE: Servcorp Takes a Tower Floor at One WTC
Servcorp’s deal increases leasing momentum in the iconic tower as it prepares to open, notes Durst’s director of leasing there.
Servcorp Takes a Tower Floor at One WTC
Executive and virtual office space provider Servcorp joins Conde Nast in the iconic Lower Manhattan tower.
Canyon Capital, Hudson Pacific Provide $140M Loan for L.A.’s Broadway Trade Center
Canyon Capital Realty Advisors L.L.C. and partner Hudson Pacific Properties Inc. will provide $140 million in financing to enable Waterbridge Capital and investor Jack Jangana to redevelop the 1 million-square-foot Broadway Trade Center in downtown Los Angeles.
ManuLife Buys Fully Leased 147 KSF Suburban Vancouver Office Building
ManuLife Real Estate has added a new asset to its Canadian holdings with the acquisition of a premier office building near Vancouver in Burnaby, B.C.
KBS REIT Sells West Palm Beach Office Tower for $150M
KBS Real Estate Investment Trust II has sold CityPlace Tower, an 18-story, 295,900-square-foot Class A office building in the West Palm Beach, Fla., CBD, for $150 million.
Starwood Grabs 840 KSF Office Portfolio in Poland
Starwood Capital Group continues its acquisition activity on behalf of a Starwood distressed opportunity fund.