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Lionstone Capital’s $123M Record-Breaking Acquisition
News 1 month ago
Lionstone Capital’s $123M Record-Breaking Acquisition
Source CP Executive

Capstone Realty Group and JD Cos. have sold Continental Plaza in Hackensack, N. J., to Lionstone Capital for $123 million. The deal marks the...

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Patrinely Group JV Leases Entire North Austin Development
News 1 month ago
Patrinely Group JV Leases Entire North Austin Development
Source CP Executive

The partnership of Patrinely Group and USAA Real Estate has signed a lease with Q2 Holdings Inc to occupy the 128,990-square-foot Aspen Lake Three....

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Boeing Oklahoma City Campus Commands $125M
News 1 month ago
Boeing Oklahoma City Campus Commands $125M
Source CP Executive

Gardner Tanenbaum Holdings, the developer of three build-to-suit office properties for Boeing in Oklahoma City, has sold the 33.3-acre campus to...

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Avison Young Expands Phoenix Footprint
News 1 month ago
Avison Young Expands Phoenix Footprint
Source CP Executive

Avison Young has signed a six-year lease for a 12,000-square-foot office space in Phoenix. The new location is on the ground-floor of the Camelback...

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NKF Arranges Sale of 132 KSF Alexandria Office Building
News 1 month ago
NKF Arranges Sale of 132 KSF Alexandria Office Building
Source CP Executive

An Altus and Ascentris partnership has acquired King Street Station II, a 132,304-square-foot Class A office building in Alexandria, Va. Newmark...

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Avison Young Negotiates DC-Area Office Building Sale
News 1 month ago
Avison Young Negotiates DC-Area Office Building Sale
Source CP Executive

An affiliate of Klein Enterprises purchased a 95,282-square-foot, Class A office building in Sterling, Va., for $15.4 million. The asset is part of...

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Self Storage Rents and Inventory Still Out of Balance
News 1 month ago
Self Storage Rents and Inventory Still Out of Balance
Source CP Executive

Although stock expansion pressures are slowly alleviating in select markets, heightened completion levels continued to weigh down on street rates...

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Net-Leased Supermarket Portfolio Trades for $150M
News 1 month ago
Net-Leased Supermarket Portfolio Trades for $150M
Source CP Executive

In a $150 million deal announced on Christmas Eve, Winstanley Enterprises, of Concord, Mass., and Surrey Equities, of New York, purchased a...

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Richmond Retail Asset Sells for $22M
News 1 month ago
Richmond Retail Asset Sells for $22M
Source CP Executive

Colterra Capital Corp. has acquired Colonnades West, a 136,082-square-foot retail property in Richmond, Va., from PF Colonnades Corp. The buyer...

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DC-Area Office Portfolio Changes Hands for $19M
News 2 months ago
DC-Area Office Portfolio Changes Hands for $19M
Source CP Executive

Newmark Knight Frank has arranged the sale of Stafford Commerce Center and Stafford Commerce Park, an office portfolio totaling 272,000 square feet...

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Skanska Sells DC Office Building for $163M
News 2 months ago
Skanska Sells DC Office Building for $163M
Source CP Executive

Skanska has divested 99M, an 11-story, 234,000-square-foot office building in Washington, D. C., for $163 million, to an affiliate of Polinger...

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Now Accepting Submissions to the 2020 CPE Distinguished Achievement Awards
News 2 months ago
Now Accepting Submissions to the 2020 CPE Distinguished Achievement Awards
Source CP Executive

CPE is now accepting submissions for the 2020 Distinguished Achievement Awards, recognizing the commercial real estate industry's most noteworthy...

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NKF Arranges Sale of 178 KSF Office Property
News 2 months ago
NKF Arranges Sale of 178 KSF Office Property
Source CP Executive

Newmark Knight Frank has orchestrated the sale of the office building at 2100 Reston Parkway in Reston, Va., near Washington, D. C. Acting on...

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CRE Mega-Trends for 2020 and Beyond
News 2 months ago
CRE Mega-Trends for 2020 and Beyond
Source CP Executive

The last decade brought sweeping changes to the real estate industry-from the spread of coworking to an epidemic of department store closure. If...

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Top Economists Weigh In
News 2 months ago
Top Economists Weigh In
Source CP Executive

As emerging real estate companies set their sights on their prospects for 2020, any number of issues are top of mind. Among them are the trade...

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First Portland Athletic Lifestyle Resort Starts Construction
News 2 months ago
First Portland Athletic Lifestyle Resort Starts Construction
Source CP Executive

Life Time has broken ground on a new mixed-use property in Beaverton, Ore. The coworking and athletic resort development is scheduled for...

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Highwoods Properties’ $90M Strategic Move in Memphis
News 2 months ago
Highwoods Properties’ $90M Strategic Move in Memphis
Source CP Executive

Highwoods Properties Inc. has sold two office assets in Memphis, Tenn., in separate transactions totaling $89.6 million. The disposition of...

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Drilling Into Geothermal
News 2 months ago
Drilling Into Geothermal
Source CP Executive

The rich potential of geothermal power is largely untapped in the U. S. But with new technology-based enhancements propelling development,...

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Why Invest in Europe?
News 2 months ago
Why Invest in Europe?
Source CP Executive

Several other professionals at the real estate trade conference and fair in Munich shared ideas and industry trends. Read our 2019 roundup....

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Offices at Chandler Viridian Racks Up LEED Gold
News 2 months ago
Offices at Chandler Viridian Racks Up LEED Gold
Source CP Executive

Hines' reputation for sustainable design is well known. The company's portfolio includes 165 buildings with the Energy Star label and 97 properties...

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Munich Re Group Acquires 852 KSF Manhattan Office Tower
News 2 months ago
Munich Re Group Acquires 852 KSF Manhattan Office Tower
Source CP Executive

Munich Re Group has acquired the 39-story high-rise at 330 Madison Ave. in New York. The property last traded in 1989, when Abu Dhabi Investment...

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Black Creek Sells New San Diego-Area Industrial Asset
News 2 months ago
Black Creek Sells New San Diego-Area Industrial Asset
Source CP Executive

EastGroup Properties has purchased Rocky Point Distribution Center, a Class A, 226,691-square-foot industrial facility in Oceanside, Calif. Black...

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KKR Makes Seattle Debut with $1.2B in Office Deals
News 2 months ago
KKR Makes Seattle Debut with $1.2B in Office Deals
Source CP Executive

Global investment firm KKR has made its first foray into the Seattle area by closing on $1.2 billion worth of office acquisitions, including most...

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Kilroy Realty Buys $133M Seattle Site
News 2 months ago
Kilroy Realty Buys $133M Seattle Site
Source CP Executive

Kilroy Realty Corp. has paid $133 million to acquire a five-parcel site in downtown Seattle, where the company plans to develop a sustainable...

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Intercontinental Real Estate Enters Seattle With $157M Acquisition
News 2 months ago
Intercontinental Real Estate Enters Seattle With $157M Acquisition
Source CP Executive

On behalf of one of its managed funds, Intercontinental Real Estate Corp. has purchased Roosevelt Commons, a 229,299-square-foot office complex in...

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Exeter Property Group Pays $195M for Washington Industrial Facility
News 2 months ago
Exeter Property Group Pays $195M for Washington Industrial Facility
Source CP Executive

Exeter Property Group has acquired the UNFI Distribution Center, a 1.2-million-square-foot, newly developed, single-tenant warehouse and...

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First Washington Realty Receives $19M Loan for Bay Area Acquisition
News 2 months ago
First Washington Realty Receives $19M Loan for Bay Area Acquisition
Source CP Executive

GRI Fairmont LLC, an affiliate of First Washington Realty, has received a $19.6 million acquisition load for Fairmont Shopping Center, a 103,000...

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ASB Real Estate’s $101M Inland Empire Deal
News 2 months ago
ASB Real Estate’s $101M Inland Empire Deal
Source CP Executive

In a $100.5 million deal, ASB Real Estate Investments has acquired Bloomington Logistics Center in Bloomington, Calif., from Crow Holdings. ASB...

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EverWest Buys Los Angeles Warehouse for $39M
News 2 months ago
EverWest Buys Los Angeles Warehouse for $39M
Source CP Executive

Newegg Inc. has sold 17708 Rowland Street, a Class A, 181,730-square-foot industrial property in the Los Angeles suburb City of Industry, Calif....

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Transwestern to Manage Sky-High Office Campus in Iowa
News 2 months ago
Transwestern to Manage Sky-High Office Campus in Iowa
Source CP Executive

Transwestern Commercial Services' management portfolio has just increased by 750,000 square feet in a single move. The firm has secured a contract...

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