Transwestern
Greater-LA Office Building Commands $117M
Olive Hill Group is the new owner of 520 Broadway, a rare Class A asset situated in an extremely supply-constrained area of downtown Santa Monica, where demand and rents will continue to rise over the next several years.
Atlanta’s Top 10 Office Deals in 2017
Atlanta has emerged as one of the most important economic clusters in the Southeast, appealing to investors through its strong market fundamentals. As 2017 is coming to an end, Yardi Matrix compiled a list of the 10 biggest office deals of the year.
U.S. Economy to Continue Growing in 2018
Key indicators suggest the nation’s economic expansion will carry on into the next year despite natural disasters and political turmoil, according to the latest edition of “The Briefing” from Transwestern.
Transwestern Secures 100 KSF Doral Lease Renewal
The team of Thomas Kresse, Ben Eisenberg and Carlos Gaviria worked on behalf of landlord RREEF in the lease negotiations, and Walter Byrd represented the tenant.
APG Acquires $22M Atlanta Office Park
The company purchased Shadowood Office Park from The Ardent Cos. The sale was subject to a $19 million loan held by SunTrust Bank.
Morning Calm Closes Suburban DC Office Value-Add Deal
The nearly 300,000-square-foot park is less than half occupied, but its immediate environs look to be on the verge of a boom.
Transwestern Renews Lease at Fullerton Industrial Park
CJ Foods renewed its 127,375-square-foot lease at the Class B industrial facility. Transwestern brokered the transaction on behalf of the owner, Bailard.
Matrix Group Sells CO Office Campus
Kaiser Permanente purchased Waterpark II and III, giving the company full ownership of the Waterpark Campus in Aurora, Colo. Transwestern’s Denver Capital Markets team advised the seller in the transaction.
NAI Hiffman Assists Transwestern in Trading IL Warehouse
The buyer of the 161,740-square-foot industrial facility in Bridgeview is a large manufacturer of corrugated boxes and custom shipping containers.
Transwestern, JDM Partners Buy 2 MSF Tempe Office
The partnership acquired the five-building Marina Heights campus from State Farm Automobile Insurance Co. in a sale-leaseback deal valued at $928 million, which could mark the largest-ever CRE sale in metro Phoenix.