Heitman
Heitman’s LA Office Tower Earns LEED Platinum
The 640,000-square-foot property—completed in 1971—lowered its electrical consumption by 21 percent since 1998. Additionally, sustainability features include a water reduction of 3.7 million gallons annually since 2010.
Heitman Acquires 17-Asset MOB Portfolio
NexCore Group represented the company and will manage and lease the properties. JLL Capital Markets, which handled the deal for the seller, called the transaction one of the largest in the sector.
France’s AXA Investment Snags $165M Office Asset in DC
The Paris-based real estate assets investment and management firm acquired the 210,000-square-foot trophy property in a joint venture with Stewart Investment Partners.
Capital One Secures $44M Loan for NC MOB Portfolio
The borrower is a partnership between Heitman—a global real estate investment management firm—and Montecito Medical, a privately-held real estate company.
Seattle Takes Top Spot in ULI-PwC Emerging Trends Report
At the 2017 ULI Fall Meeting in Los Angeles, panelists discussed the new cities that topped the report’s list of the hot markets to watch.
Stream Expands Property Management Portfolio
Stream Realty Partners’ Mike Adams and Blaine Annett will lead leasing efforts at 199 South Los Robles in Pasadena, Calif. Jennifer Costa and Tania Chavez will be in charge of managing the property on behalf of the owner.
Opus Finalizes MC Machinery’s HQ
Construction at the new 175,000-square-foot corporate campus in Elk Grove Village, Ill. began last year in April. The facility offers a variety of spaces designed for office, showroom and warehouse use.
Jernigan Capital JV Makes NC Self-Storage Investment
The 756-unit property will provide all climate-controlled storage in the rapidly growing Brier Creek community in Raleigh.
HFF, Triad Close Sale of NC Office Portfolio
The two companies sold the four-building portfolio in the Greensboro area to a joint venture between CBL & Associates and a pension fund investor.
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