Regions
Suburban Boston Tech Campus Trades for $46M
The seven-building Marlborough Technology Park in Marlborough, Mass., is home to a diverse and strong tenant roster that includes Cavium Inc., ViaSat, Oracle and Roche.
ResCare Plans KY HQ Relocation
The company awaits the completion of a new building, part of the ShelbyHurst Office Campus in Louisville, Ky., to transfer its 340 local employees.
Economy Watch Weekly: The Most Overvalued US Markets
It’s been 10 years since the last housing bubble, are certain residential markets in danger of overheating? Economy Editor Dees Stribling discusses the latest UBS Global Real Estate Index, which points to several troubled metros.
Goldman Sachs Joins $5.5B Baltimore Revitalization Project
The financial company’s Urban Investment Group is contributing $233 million for the construction of Port Covington, a 235-acre master-planned development on the city’s waterfront. The commitment marks the fund’s largest single private equity investment ever.
Vacant 840 KSF Industrial Building Sells in Vacaville, CA
The buyer’s investment strategy includes a comprehensive capital improvement plan to make the facility, located at 700 Crocker, attractive to Bay Area tenants.
Morgan Stanley to Buy Mesa West Capital
With more than $5 billion in gross assets under management, the Los Angeles-based lender will keep its name and will operate as a separate business unit.
Honolulu-Area Oceanfront Retail Center Changes Hands
J.H. Real Estate Partners acquired the Coconut Grove, a 49,500-square-foot shopping center in Kailua-Kona, Hawaii, from Hudson Advisors. Donald MacLellan and Rick Chichester of Faris Lee Investments represented both the seller and the buyer in the transaction.
Alliant Energy Corp. Acquires 300MW Wind Project in Iowa
The wind facility consists of 100 to 150 slow-spinning wind turbines spread across 30,000 acres that will produce enough electricity to power nearly 102,000 U.S. homes.
Lincoln Park Plaza Finds New Owner
The shopping center is mostly vacant, but the new owner plans to reposition the 176,000-square-foot property. Friedman Integrated’s Rich Deptula represented both the seller and the buyer in this transaction.
Law Firm to Open Sacramento Office
Buchalter signed a 12,000-square-foot lease in downtown Sacramento, Calif. Scott Bennett of Colliers International negotiated the lease on behalf of the tenant, while Greg Levi of JLL represented the landlord, Tsakopoulos Investments.