CBRE
Miami Tower Changes Hands in $126M Deal
A RREEF Property Trust fund sold 800 Brickell after almost five years of ownership. The office asset also includes 30,800 square feet of retail and an adjacent nine-story parking facility.
CommonGrounds Makes 1st Philadelphia Foray
The flexible office startup inked a 62,461-square-foot lease across two floors in a Center City office tower, as part of a nationwide growth spree. Shorenstein Properties owns the building.
Centuria to Buy $89M Australian Office Gem, Start New Fund
The Sydney-based investment manager will acquire 80 Flinders St., a 130,800-square-foot property in Adelaide, from a Lendlease Australian affiliate and use the transaction to launch a new fund.
Group RMC Expands Memphis Office Portfolio
The $32.3 million acquisition of four properties totaling 391,297 square feet along the 385 Corridor marks the company’s fourth purchase in the metro.
LA-Area Office Asset Sells for $51M
A New York-based company acquired the two-building property and is set to renovate it for media, tech and entertainment tenants.
Showpad Triples Office at One North State in Chicago
Within one year, the Belgium-based sales enablement firm more than tripled its footprint at One North State in Chicago. CBRE and Cushman & Wakefield arranged the transaction.
Related Cos. Signs Law Firm to FL Office Tower
The law firm will occupy more than 12,000 square feet at the 300,000-square-foot, Class A office building in West Palm Beach, Fla.
South Florida Retail Asset Commands Royal Price
InvenTrust Properties Corp. paid $97 million for a Costco-anchored shopping center in Royal Palm Beach. CBRE negotiated the deal on behalf of the seller.
JV Buys Connecticut Office for $34M
Rubenstein Partners sold a 91,000-square-foot property, located within the six-building Shippan Landing waterfront office campus in Stamford. The asset serves as Vineyard Vines’ headquarters.
CBRE Ranks Top 50 Tech Talent Markets
While the top positions remained unchanged from last year, the new report notes that a shrinking supply of available talent has led to additional labor pools cropping up in smaller markets.