CBRE
JV Acquires Suburban Atlanta Office Property
Granite Properties has sold a two-building, Class A office property in the city’s North Fulton submarket. CBRE represented the seller in the transaction.
Darlington Medical to Break Ground on Atlanta Health-Care Center
The 75,000-square-foot building will be in the Buckhead submarket and is expected to open by March 2020, with CBRE leading project leasing and marketing.
Gemini Rosemont Relocates HQ to Los Angeles
The company will occupy space at the iconic 2000 Avenue of the Stars in Century City, roughly 11 miles of downtown.
Sterling Organization Sells FL Shopping Center for $38M
The company sold Pembroke Place, a 158,800-square-foot, grocery-anchored property in metropolitan Fort Lauderdale, to Longpoint Realty. A CBRE team acted on behalf of the seller.
It’s Yield vs. Caution in New Investor Intention Survey
Investors are caught between the pursuit of yields and the realities of a late-cycle market, all overshadowed by macroeconomic worries, CBRE reports.
SMCP Brands Relocates North American HQ
The company will also move its showroom to EQ Office’s recently renovated office tower and take up an entire 17,337-square-foot floor.
High Street Realty Buys 2 Chicago-Area Logistic Facilities
The two industrial properties, which are located in Lake County, belonged to Diversified International Partners Fund and total 108,554 square feet.
CBRE Brokers Sale of TX Skilled Nursing Facility
A partnership between Trinity Healthcare and Live Oak Healthcare purchased the roughly 20,700-square-foot, 76-bed Waterton Plaza At Cowhorn Creek in Texarkana.
Tampa CBD Office Tower to Undergo Major Revamp
Farley White Interests revealed plans for a multi-million-dollar renovation program. The landlord recently bolstered Fifth Third Center’s tenant roster with more than 22,000 square feet in leases.
Harbor Buys Suburban L.A. Office Park for $48M
The 213,500-square-foot Encino Office Park in Encino takes the company one step closer toward its goal of acquiring $250 million in suburban Southern California properties over the next 12 months.