CBRE
On the Market: 5 Interesting Listings for August
This month’s listings include several modern office buildings on the West Coast; a top-of-the line medical center in Fort Wayne, Ind.; and a recently completed retail center in Kennewick, Wash.
Northshore Tower in Austin CBD Changes Hands
The mixed-use property developed by High Street Residential encompasses 439 residential units and 50,083 square feet of boutique retail and office space.
Real Capital Solutions Enters Philly Market
The company acquired Courthouse Square and Rockwood Office Park, two recently renovated office properties totaling more than 366,000 square feet in Wilmington, Del.
Real Capital Solutions Acquires FL Space Coast Office
AIG sold the 150,000-square-foot asset for more than $13 million. The buyer financed the acquisition with a five-year, $14.4 million loan.
Maguire Hayden Snags Foreclosed PA Office Campus
Cassford Corporate Center in Berwyn, Pa., changed hands in a $9.3 million deal after Trinity Capital Advisors defaulted on a $21.6 million loan.
TH Real Estate Sells Stake in Boston Tower for $210M
The investment manager sold a 49.9 percent interest in 501 Boylston St., a 610,000-square-foot office and retail property, to Norges Bank Real Estate Management.
Globe Corp. Adds Tenant to Cantera Development in IL
Broadband provider WOW! leased nearly 40,000 square feet at one of the buildings part of the mixed-use Warrenville business center.
Ivanhoé Cambridge Plans $450M Industrial Project in Inland Empire
The company has purchased 150 acres for the construction of Colony Commerce Center, a 3 million-square-foot Class A complex to be developed by CapRock Partners.
Pier 1 Imports HQ in Fort Worth Changes Hands
CBRE arranged the sale of the 409,977-square-foot Class AA trophy tower on behalf of the seller, Hines, which purchased the property back in 2014 for $83.2 million.
CBRE Announces Reorganization, Executive Promotions
The new structure will consist of operations around a trio of global businesses aimed at advancing the company’s strategy, while enabling the organization to operate as efficiently as possible.