Parallel Capital Partners
Long Beach Tower Trades for $86M
The LEED Gold-certified property last changed hands in 2014.
GSA Inks $80M Lease With Parallel Capital in Long Beach
The renewal includes more than 140,000 square feet at a LEED Gold-certified property.
Parallel Capital Welcomes Pair at Suburban Dallas High-Rise
A shipping company and a private holding firm will join the tenant roster at Urban Towers in Irving, Texas.
CRE Takes on COVID-19 Food Insecurity
In response to economic hardship, commercial real estate companies from coast to coast are focusing on providing food to people in need.
Parallel Capital to Manage 1 MSF Honolulu Portfolio
The San Diego-based company assumed asset management of a collection of downtown Honolulu office and retail properties, and added a new regional vice president for the Hawaii market.
Parallel Capital Sells 12-Property San Diego Portfolio
The 319,000-square-foot group of office and laboratory buildings will undergo a repositioning program to further accommodate the growing demand for life sciences space.
Parallel Capital Acquires Full Interest in AZ Office Tower
Two Arizona Center, a 20-story building located on one of the 16 acres comprising the mixed-use Arizona Center, offers 512,852 square feet and is fully leased to Arizona Public Service Co.
AC Marriott Hotel En Route in Downtown Phoenix
Following multiple renovations and additions to the iconic Arizona Center, Parallel Capital Partners have contracted a developer to build an AC Marriott Hotel at the mixed-use project.
Parallel Capital Brings New Tenants to Phoenix Office Tower
One of the most notable new tenants at One North Central is Quicken Loans, which will occupy six of the building’s 20 floors. Live Nation, Coleman & Finch and Urban Eye Care ink the other three leases.
Retail Portion of Arizona Center to Undergo Major Facelift
New York-based Skanska USA will handle construction management for the $11.6 million refurbishment project.










