CBRE
Premier Realty Nabs San Diego Office
Fenway Properties bagged $16.3 million for Wateridge Pavilion. Premier Realty Holdings Inc. plans to occupy space at the 62,427-square-foot purchased asset.
Lincoln Facilitates Office Lease in Atlanta Suburb
Michael Howell of Lincoln Property Co. worked on behalf of the landlord in the lease negotiations, while CBRE’s Bill Kilborn represented the tenant.
JV Acquires 110 KSF Portland Office Building
KBS Realty Advisors and True North Management Group purchased a 109,725-square-foot asset in downtown Portland, Ore. CBRE arranged a $26.8 million, three-year term acquisition loan.
How Does the Live/Work/Play Shift Impact Office Trends?
So-called “urban-suburban” submarkets that offer mixed-use developments are in the best position to capture demand from occupiers and investors looking to leave CBDs, according to the latest CBRE market report.
KBS Picks Up South Carolina Office Tower
CBRE’s team of Patrick Gildea, Matt Smith, Justin Parsonnet, Martin Moore and Aaron Dupree worked on behalf of the seller in the transaction. The asset was 98 percent leased at the time of the sale.
CBRE to Manage Palm Beach County Office Complex
CBRE recently brokered the sale of Golden Bear Plaza, a three-tower property that features a variety of amenities including private exterior terraces and a fitness center.
Pair of NJ Office Buildings Trade for $21M
Alma Realty acquired the buildings out of REO through a sale arranged by CBRE, after the previous owner defaulted on a $24.1 million loan. The assets are 77 percent leased and offer 41,400 square feet of vacant space.
JV Nabs 423 KSF San Antonio MOB Portfolio
Artemis Real Estate Partners, Ackerman & Co. and MLL Capital plan to invest $27 million to renovate and lease four buildings, which total 423,411 square feet.
CBRE Closes Bay Area Industrial Sale
4 FACEB Investment LLC nabbed the 75,414-square-foot asset in one of the world’s most expensive logistics markets. The warehouse is within a mile from the Oakland Airport and a 15-minute drive from the Port of Oakland.
Morning Calm Sells $11M FL Shopping Center
CBRE represented the seller in Vanguard Associates’ purchase of Crystal River Plaza, a 184,101-square-foot shopping center, which was 89 percent leased at the time of sale.