CBRE
CBRE Lines Up $49M Loan for Seattle Mixed-Use Project
Working on behalf of Kennedy Wilson, the company has secured the acquisition financing for a nearly 422,000-square-foot office and warehouse property in Redmond, Wash.
CBRE’s Silvio Petriello Promoted to VC
He will oversee financial, commercial and operational processes throughout the New York area, including acquisition, disposition, corporate capital markets, strategy development, portfolio optimization and benchmarking.
TriNetX Renews Boston-Area Lease
Freudenheim Partners represented the tenant in the 20,000-square-foot lease of 125 Cambridge Park Drive.
Atlanta Skyview Distribution Center Changes Hands
The 225,000-square-foot light industrial building was developed by the formerly known Amstar Advisers, alongside Huntington Industrial Partners.
CBRE Buys Software Company
The company has acquired Mainstream, which provides technology solutions for tenant work requests, maintenance scheduling and analytics that support administrative work.
Compton Industrial Space Completely Leased
UPS took more than 500,000 square feet of space at the LEED Gold-certified Brickyard South Bay in September. Best Buy is now taking up the rest with the signing of a 10-year contract.
Suburban Office Stayin’ Alive
Despite the common narrative about the downfall of the suburban office market, the sector has actually been steadily improving since after the Great Recession, according to a recent CBRE report. Improving demand and lower supply levels have kept vacancy rates low and absorption high.
Economy Watch: Eds and Meds Help Sustain Markets in Down Times
A solid base of education and medical jobs can smooth out volatility in certain commercial real estate sectors during recessionary times, according to a new analysis from CBRE.
Philly-Area Offices Trade for $13.2M
A partnership of Red River, Advalurem Group and Lincoln Property Co. acquired a Bucks County office property in a deal arranged by CBRE.
Lincoln Property Brokers Atlanta-Area Office Sale
Equity Office Property Trust sold the 106,561-square-foot building in Alpharetta, Ga., to AmTrust Group. Lincoln Property will continue to manage the asset.