CBRE
LaSalle Investment Management Lands Law Firm for 126 KSF Renewal
Procopio, a business law specialist, extended its lease at a downtown San Diego office tower to 2027. CBRE represented both owner and tenant.
Between the Lines of Raleigh-Durham’s Growth Story
CBRE Executive Vice President Brad Corsmeier shares his insights into the metro’s establishment as a major tech hub and how the office market can weather the next downturn.
KKR Buys Atlanta Tower in $205M Deal
The global investment firm acquired the controlling interest in the office building from Banyan Street Capital, which has owned the property since 2016.
CVS Building in Connecticut Changes Hands for $30M
Midwood Investment & Development sold the retail property, which is triple-net leased to the pharmacy giant through 2038. The area is one of the most prestigious retail corridors on the east coast.
BKM Capital Partners Hits Milestone With $111M Las Vegas Buy
The purchase of the 13-building industrial property marks the California firm’s largest to date. Pacific Business Center was 85 percent leased at the time of sale.
RevPar Growth Slowest Since 2010
The U.S. hospitality sector seems to be sputtering at mid-year, with supply outpacing demand in multiple markets and most success stories coming from smaller, non-coastal metros, CBRE reports.
JLL to Double Raleigh-Durham Office Space
The company’s Carolinas division will relocate into a larger space early next year after inking a lease at an upcoming mixed-use development in the Triangle.
1031 Investor Chases Retail Yield in the Inland Empire
CBRE orchestrated a complex deal that resulted in its client’s purchase of Menifee Town Center and The Barn at Wildomar from separate sellers and the disposition of a Hollywood property.
Atlanta Historical Office Building Gets New Tenant
Lion RE:Sources Inc. will occupy almost 25,000 square feet at the former industrial property dating from 1911. Cushman & Wakefield negotiated the lease on behalf of the landlord.
Transwestern Sells 123 KSF Texas Office
The University of North Texas System purchased the Class A building. The former owner had acquired it in 2015, following a full renovation.