Capital improvement
Phoenix Office Building to Undergo $17M Revamp
New owner George Oliver Cos. will transform CASA, an Uptown property formerly known as Catalina Terraces, into a modern workplace focused on tenant health and wellness.
Historic Miami Hotel Sells for $103M
Tommy Hilfiger and Turkish conglomerate Dogus Group sold the iconic Raleigh Hotel to a partnership of Deutsche Finance America, Bilgili Holding and SHVO.
Driverless Car Firm Signs 48 KSF Pasadena Lease
A CBRE team represented landlord EverWest Real Estate Investors in the transaction valued at $11.4 million with the San Francisco-based GM Cruise.
BKM Capital Partners Buys Denver Industrial Asset
The company paid nearly $24 million for the property, which was 100 percent leased to 20 tenants at the time of sale.
Denver-Area Office Asset Sells for $18M
The seller, City Office REIT, had purchased the three buildings totaling nearly 200,000 square feet in mid-2014 for more than $25 million.
Morning Calm Trades 240 KSF South FL Business Park
The campus contains Class B office space spread across four buildings, developed between 1987 and 2000 and renovated between 2015 and 2018.
Google Inks 362 KSF Lease in Boston
The internet giant signed a 15-year lease at Boston Properties’ 325 Main St. redevelopment project in Cambridge, slated for completion in 2022.
Clarion Partners Buys $336M San Francisco Office
Jack Resnick & Sons sold the nearly 430,000-square-foot Class A office asset, which last changed hands as part of a 1.9 million-square-foot portfolio transaction in 2006.
Granite Properties Buys Houston Office Complex for $78M
The purchase of Eldridge Place, an 824,000-square-foot property in the Energy Corridor, increases the company’s presence in the city to more than 2.3 million square feet.
Innovatus Capital Partners Buys Nashville Office Portfolio
The two buildings add up to more than 340,000 square feet and traded for nearly $64 million. The properties last changed hands in early 2017.