Kevin Shannon
Suburban Seattle Office Campus Trades for $55M
Working on behalf of TA Realty, NKF arranged the sale of the 154,800-square-foot Corporate Campus East III in Bellevue.
LA-Area Office Asset Sells for $51M
A New York-based company acquired the two-building property and is set to renovate it for media, tech and entertainment tenants.
Upbeat Outlook for Office Investment: Report
The Mid-Year Office Investor Sentiment Report by Real Capital Markets finds investors are looking to make deals, with $200 billion in dry power yet to be deployed in commercial real estate.
Menlo Equities Acquires Phoenix Office for $52M
The property, fully occupied by Wells Fargo, is situated within Papago Park Center, a large-scale mixed-use development in Tempe, Ariz.
Orange County Class A Office Building Changes Hands
An affiliate of Menlo Equities sold the 83,218-square-foot asset to Kingsbarn Realty Capital. The property was 90 percent occupied at the time of the sale.
KBS Buys $48M Office Asset in Seattle Suburb
The private equity real estate firm acquired the five-story, Class A property in Redmond, Wash., on behalf of a sovereign partner, as the metro’s Eastside markets continue to attract investors.
TA Realty Pays $139M for LA County Office Tower
The subsidiary of The Rockefeller Group acquired the building in El Segundo, Calif., ahead of sole tenant Northrop Grumman’s lease expiry. VEREIT is the former owner of the 340,000-square-foot tower.
LA-Area Office Building Changes Hands
Excelsior Partners has acquired a 49,336-square-foot building in Torrance. Team Shannon Private Capital Group negotiated the deal on behalf of the seller.
WA Office Park Commands $63M
The roughly 200,000-square-foot, three-property portfolio in Bothell changed hands with help from Newmark Knight Frank, which acted on behalf of seller Equity Office.
The Swig Co. JV Sells LA Creative Campus
In the $39.2 million deal, Alexandria Real Estate Equities acquired Bristol 61 in Culver City after the sellers modernized and rebranded the asset.