Regions
Grubb & Ellis Buys Parkway Medical Center
Grubb & Ellis Healthcare REIT II, Inc. on Wednesday announced that it has acquired Parkway Medical Center, an 88,000 square-foot, two-building medical office portfolio in the Cleveland suburb of Beachwood.
Former Legg Mason Tower in Baltimore Gets New 94,200-SF Tenant
Law firm Ober|Kaler has just committed to 94,000 square feet at Legg Mason’s onetime home at 100 Light Street, soaking up a noteworthy chunk of the available space at the 520,000-square-foot, Class A office tower.
Richards Barry Joyce Brokers 100,000 SF Lease Renewal for TA Associates
Commercial real estate advisory firm Richards Barry Joyce & Partners LLC said Tuesday that it represented TA Associates Realty in a 100,884 square-foot lease renewal with Dynagraf, Inc. in Canton, Mass.
Killam Properties Teams with Kuwait Finance on $450M Canadian M-F JV
Reaching beyond North American borders, Halifax, N.S.-based Killam Properties Inc. has found a real estate investment partner with deep pockets.
First Potomac Lands Tenant for Entire 93,000-SF Suburban D.C. Office Building
Under a new 12-year agreement, Vocus will relocate its corporate headquarters to an entire building at First Potomac’s 313,000-square-foot Ammendale Business Park in Beltsville, Md.
Starwood Launches Major Expansion of Aloft, Four Points Brands in India
Having closed on two funds totaling $2.8 billion earlier this month, Starwood Hotels and Resorts Worldwide, Inc. is taking its full pockets on a passage to India.
Voit: Orange County Office Market Shows Signs of Stabilizing
In Orange County, Calif., an office market hard-hit by the recession and in particular the disappearance of real estate-related businesses, there are signs of revival.
Higher Vacancy, Lower Rents in Greater Boston Office Market
Optimism mixed with some glum news for the Greater Boston office market made itself apparent in Richards Barry Joyce & Partners’ OfficeSTATus report for Spring 2010.
Healthcare Trust Completes $29M Triad Technology Center Acquisition
Real estate investment trust Healthcare Trust of America, Inc. has wrapped up yet another acquisition – this time of the 101,400 square-foot Triad Technology Center in Baltimore. The purchase price was approximately $29.3 million.
Kennedy Wilson Hires Verratti, Tightens Focus on Distressed Denver-Area Assets
Real estate services and investment firm Kennedy Wilson is increasing its efforts to acquire distressed assets in the Denver and Western Slope markets through the hiring of Rob Verratti as acquisitions manager.