Capital improvement
Sears Trades 1.4 MSF Memphis Industrial Asset
The new owner intends to begin capital improvements to the 1973-built property.
Willis Tower Achieves LEED Platinum
The property owner plans to wrap up $500 million in capital improvements to the country’s second-tallest office building early next year.
Miami-Area Office Building Gets $13M Refi
The bridge loan was arranged by NorthMarq and has a five-year term, with three years of interest-only payments.
Novel Coworking Opens 2nd Downtown Denver Location
The shared space operator entered the market in March 2018 with a location in the Central Business District.
Regis Corp. Sells Minneapolis HQ
The buyer will lease parts of the office campus back to the seller in the short term, with capital improvement work slated to begin next year.
Las Vegas Office Building Trades for $18M
Seller Moonwater Capital recently renovated the nearly 67,000-square-foot property, which is fully leased to a payment processing company.
Coworking Firm Leases Entire Floor at Miami Tower
The 15-story property will go through a $3 million capital improvements plan after a recent change in ownership.
Irvine Co. Signs 5 San Diego Office Tenants
The five leases total approximately 26,000 square feet in a nearly 500,000-square-foot campus in Mission Valley.
Virtua Partners Pays $13M for Atlanta Office Asset
The 75,000-square-foot suburban acquisition will serve as Hotel Equities’ new headquarters.
CapRidge Sells Charlotte Office Property for $36M
Synovus Bank provided the buyer of the 173,000-square-foot asset with nearly $25 million in acquisition financing.