Cushman & Wakefield
Eric Paulsen Takes on Leadership Role at Cushman & Wakefield
The real estate veteran, with 30 years of experience, will lead the Orange County and Inland Empire offices. His responsibilities include overseeing the strategic focus, growth and talent management.
Mack-Cali Sells NJ Flex/Industrial Park for $66M
Heritage Capital Group acquired the 13-building Totowa Commerce Center in Totowa, N.J., as part of a 1031 exchange. Natixis Real Estate Capital provided acquisition financing for the deal.
Economy Watch: Tech Sector Driving Office Demand
So far in 2017, the top 10 cities for office absorption include several tech-focused markets, including Brooklyn, Seattle and Santa Clara, Calif., according to a new Cushman & Wakefield report.
HFF Arranges Refi of Boston Hotel Portfolio
The commercial real estate services firm landed a 10-year CMBS loan for Distinctive Hospitality Group’s refinancing of three properties in the city’s suburbs.
Radler Snags 100 KSF San Antonio Office Property
The Class A office property was recently completed and is fully leased to a single tenant through April 2027.
Opus Breaks Ground on Spec Industrial Building
The 495,977-square-foot development will mark the company’s first development in the Greenwood area and is scheduled for completion in the second quarter of 2018.
Plaza Del Norte Buys San Diego-Area Office Asset
Courtyard Mira Mesa sold The Courtyard I in Sorrento Mesa, Calif. The 50,405-square-foot office building was 68 percent occupied at the time of sale.
CBRE to Lease Memphis Office Park
The new owner acquired the campus in September and selected CBRE’s Ronald Kastner and Patrick Reilly to lead marketing efforts at the property.
Miami Medical Office Building Trades for $11M
The nine-story property underwent a $2.1 million capital improvement program that repositioned the asset and boosted occupancy to nearly 70 percent.
Charter Plans New HQ in CT
Five years after moving in, the telecommunications company has outgrown its current downtown Stamford headquarters and has revealed plans for a 500,000-square-foot office building at the Gateway Harbor Point site.