Property Management
Buchanan Street Partners and Lowe Enterprises Acquire Class A Office Building in Lone Tree
By Gabriel Circiog, Associate Editor National real estate investment management firm Buchanan Street Partners, in a venture with Los Angeles-based Lowe Enterprises, has acquired a 192,800-square-foot Class A office building in southeast suburban Denver. Located at 10375 Park Meadows Dr. … Continue reading →
CBRE Buys its Affiliate in Vietnam
CBRE Group has bought its affiliate company in Vietnam, which operates under the name CB Richard Ellis. The company has been its affiliate for 10 years and has a leading market share across most service lines in that country.
Plans Move Forward for DeBartolo Development’s $350M West Oahu Shopping Center
By Adriana Pop, Associate Editor The Hawaii Land Use Commission has approved a use change for a proposed 1.4 million-square-foot regional shopping mall in East Kapolei. The Pacific Business News reports that under a previous state plan the site had been slated for the development of a regional sports complex. Florida-based DeBartolo Development L.L.C. plans […]
Cassidy Turley Secures 620 KSF Management Assignment in Suburban Washington, D.C
USAA Real Estate chose Cassidy Turley to spearhead property management services for two Class A office buildings in Arlington, Va.
ANSYS to Establish New Headquarters at Southpointe II Business Park
By Adriana Pop, Associate Editor Southpointe-based technology company ANSYS will establish a new headquarters at the Southpointe II Business Park, less than a mile away from its current 107,000 square-foot space. According to the Pittsburgh Business Times, the company has signed a 15-year lease for a new 186,000-square-foot building scheduled for completion in the fourth […]
Hilton Worldwide to Operate New Hilton Garden Inn in Argentina
Hilton Worldwide signed a management agreement to operate a Hilton Garden Inn hotel in San Miguel de Tucuman.
United Natural Foods Inc. to Consolidate Denver Area Operations in New State-of-the-Art Distribution Facility
By Gabriel Circiog, Associate Editor United Natural Foods Inc. has announced plans to open a new state-of-the-art distribution facility in Aurora, Colo. Located near I-70 in the Denver International Airport corridor, the 535,000-square-foot facility will serve as a distribution hub … Continue reading →
Normandale Lake Office Park Sells for $268M
By Gabriel Circiog, Associate Editor The Normandale Lake Office Park, a five-building complex located in Bloomington, was acquired by an affiliate of Chicago-based Equity Group Investments. Situated on 23 acres of land at the southwest corner of I-494 and Highway 100 in the Southwest suburb of Bloomington, the 1.7 million-square-foot Class A office complex features […]
Treat Towers in Walnut Creek Trade Hands
By Alex Girda, Associate Editor MetLife recently acquired Treat Towers in one of the largest office deals in the East Bay this year, trading for around $120 million. The property was bought from Chicago-based Equity Office Properties Trust, who co-owned the Treat Towers with a TIAA-CREF retirement fund. The twin 10-story office buildings offer around […]
Three Denver Metro Office Buildings Sold; NexCore Group Completes Construction of St. Anthony North Medical Pavilion
By Gabriel Circiog, Associate Editor Three southeast Denver metro trophy-office buildings were recently sold, gathering a total of $120 million, reports the Denver Business Journal. The sellers in all three individual transactions were represented by John Jugl and Mary Sullivan … Continue reading →