JLL
Westport Capital Nabs WA Office Portfolio for $71M
Redstone Corporate Center I and II are located on the northern outskirts of Seattle, along Interstate 5.
601W Cos. Buys Chicago’s Sullivan Center Office Space for $176M
JLL’s Capital Markets group handled the sale and arranged acquisition financing for the New York City-based company, which purchased the property from a joint venture of KKR and Madison Capital.
Hines Appoints New Managing Director, Head of India Platform
Amit Diwan will be responsible for managing the expansion of the business by raising and deploying international and domestic capital into both commercial and residential developments.
Are Net-Leased Pharmacies Just What the Doctor Ordered?
While recent M&A activity has consolidated the players in the pharmacy space and created some unknowns, investors in the sector are still more surefooted than they’ve been in recent years, notes JLL Senior Vice President Peter Bauman.
JLL Adds 1.3 MSF to CA Management Portfolio
Cypress Equities purchased Burbank Town Center two years ago and Glendale Marketplace in 2013. The company invested $60 million in the renovation of the first retail asset.
Double Green Award Goes to Portland’s Pioneer Tower
The 17-story, multi-tenant office asset landed certification awards from both the USGBC and the U.S. Environmental Protection Agency.
High Street Realty Buys Chicago Industrial Portfolio for $86M
JLL’s Capital Markets team facilitated the transaction, which included 11 institutional-quality, value-add properties totaling nearly 1.2 million square feet.
NoVa Office Complex Lands Two Leases of 60 KSF
The four-building, Class A office ensemble traded last September for $53.5 million. Worldgate Metro Plaza will soon undergo $10 million of capital improvements.
Clipper Group to Relocate, Consolidate Houston HQ
JLL’s Eugene Terry represented Clipper Americas, a subsidiary of the Clipper Group, in the lease negotiations with landlord Moody Rambin.
JLL Spark Buys CRE Software Company
The San Francisco-based firm purchased a software-as-a-service real estate technology platform that, among other things, lets investors manage their portfolios’ performance.