CBRE
Fenway Capital, Iron Point Buy $25M Phoenix Office Property
The new owners are set to invest more than $7 million in capital and tenant improvements. CBRE’s Capital Markets secured an acquisition loan through CapitalSource.
Downtown Fort Lauderdale Office Tower Sells for $109M
NAI/Merin Hunter Codman teamed up with Pacific Coast Capital Partners to acquire the 19-story, 352,000-square-foot Class A asset.
Orlando High-Rise Receives $46M Refi
A CBRE team arranged the floating rate loan on behalf of a joint venture between Apollo Global Management and Steelbridge Capital. The financing replaces a 2014 mortgage.
Liberty Property Trust Sells Phoenix Office Portfolio for $255M
CBRE represented the REIT in the sale of five buildings totaling 806,000 square feet, one of the metro’s largest office transactions on record.
Downtown Miami Office High-Rise Commands $117M
Banyan Street Capital, Independencia Asset Management and Crocker Partners have sold the 33-story Brickell City Tower, in a deal facilitated by CBRE Capital Markets.
Knotel Expands NYC Presence
The workspace innovator signed a 28,820-square-foot lease at 5 Hanover Square in Lower Manhattan and will occupy two full floors in the CIM Group-owned building.
Rockefeller Group Completes 2 MSF of Industrial in CA
The development firm has sold two of its recently completed buildings in the Inland Empire, totaling 1 million square feet.
Orlando-Area Warehouse Property Trades for $10M
CBRE facilitated the sale of Monroe CommerCenter South in Seminole County, a five-building asset close to Interstate 4. Charles Wayne Investment will handle management functions at the property.
Goldman Sachs Sells CA Mall for $22M
A global insurance company has purchased the 330,000-square-foot regional shopping mall in Santa Maria, Calif., built in 1976 and spread across 6 acres.
Big Leases, Coworking Power Metro DC’s Office Market
A new CBRE report illustrates the strength that large deals, mostly by governmental entities, and the ongoing surge in coworking space are bringing to the market.