Cushman & Wakefield
P3 Properties Nabs NJ Office Asset
Related Cos. has sold the 233,000-square-foot Somerset Financial Center in Bedminster, which serves as the local headquarters of specialty pharmaceutical company Mallinckrodt.
Industry Faces Shortening Runway in 2018
The U.S. economy is showing few signs of deceleration, creating a matrix of growth opportunities across markets and property types. But for all its strengths, the real estate industry still faces its fair share of headwinds, as the post-recession recovery borders on a decade.
Cushman & Wakefield IPO Yields $765M
After the second-largest initial public offering for a real estate services company, the firm will use proceeds to pay down debt and pursue its growth strategy.
Admiral Capital Buys San Diego Office Building
The Balboa Executive Center comprises 120,992 square feet across five stories and last traded in 2015, when EQ Office purchased the building for $28.3 million.
KAMCO, 90 North Buy $75M Ohio Office Complex
In one of the city’s biggest deals this year, the firms completed the acquisition of two office buildings fully leased by the Cincinnati Children’s Hospital for use as its Operations Center through 2032.
Hines to Bring 1.5 MSF Logistics Park to Houston
The upcoming development will span 107 acres near the Sam Houston Race Park and will include industrial space, a retail center and a business-class hotel.
P3 Properties Inks NJ’s Largest Lease of 2018
Teva Pharmaceuticals USA has taken up 345,000 square feet across three buildings at the company’s MCCBLUE office campus in Parsippany, N.J.
Lingerfelt CommonWealth Buys Kansas City Office Tower
The acquisition, made in a joint venture with CrossHarbor Capital Partners, marks the commercial real estate investment firm’s entrance into the Midwestern city’s office market.
Cushman & Wakefield Buys Australian Firm
Based in Sydney, Inc RE is a capital markets firm that has closed transactions valued at nearly $2.3 billion in the 18 months since its formation.
Hines, Ivanhoé Break Ground on 47-Story Houston Skyscraper
Law firm Vinson & Elkins will serve as the anchor tenant of the 1 million-square-foot upcoming building, scheduled for completion in late 2021.