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Archive for the Category ‘Office’

Wells Core REIT Acquires 201 KSF Maryland Office Building

Wells Core REIT Acquires 201 KSF Maryland Office Building

Wells Core Income REIT has acquired the Franklin Center, a 200,600-square-foot office building in the Baltimore submarket of Columbia, Md., from Principal Real Estate Investors.

Cassidy Turley Awarded 2.5 MSF Management Contract for Texas Office Properties

Cassidy Turley Awarded 2.5 MSF Management Contract for Texas Office Properties

Building on its “longstanding relationship with J.P. Morgan,” services firm Cassidy Turley has just landed a contract to lease and manage 2.5 million square feet of office space at Dallas’ Fountain Place and Houston’s Post Oak Central.

SL Green Completes Pieces of $416M Transaction Announced in October

SL Green Completes Pieces of $416M Transaction Announced in October

In two separate transactions, SL Green finalized previously announced deals in its prime hunting ground, Midtown New York City.

Clarion Partners Buys Pair of Back Bay Office Buildings for $87.1M

Clarion Partners Buys Pair of Back Bay Office Buildings for $87.1M

On behalf of a separate-account client, real estate investment manager Clarion Partners has acquired two adjoining office buildings in Boston’s Back Bay for $87.1 million. The 13-story buildings total 184,000 square feet.

Griffin-American Snaps Up $167M in Skilled-Nursing Facilities

Griffin-American Snaps Up $167M in Skilled-Nursing Facilities

Griffin-American Healthcare REIT II picked up $166.5 million worth of commercial real estate from the partnership of Westport Capital Partners and Reichmann International Development in the form of 10 skilled-nursing facilities across the Southwest.

CBRE Trust Acquires 121 KSF Tampa Office Building

CBRE Trust Acquires 121 KSF Tampa Office Building

CB Richard Ellis Realty Trust has expanded its presence in Florida with the purchase of Sabal Pavilion, a 120,500-square-foot office building in Tampa.

Jamestown, Rockwood Spend $390M for NYC’s 530 Fifth Ave.

Jamestown, Rockwood Spend $390M for NYC’s 530 Fifth Ave.

Near the close of yesterday’s markets, Jamestown Properties and Rockwood Capital announced the $390 million acquisition of 530 Fifth Ave. — also known as the Bank of New York Building — which is soon to undergo a $20 million renovation to bring the property to Class A standards.

Paramount Group Buys 12-Story, 207 KSF D.C. Office Building

Paramount Group Buys 12-Story, 207 KSF D.C. Office Building

The latest purchase in the D.C. market comes courtesy of Paramount Group Inc., on behalf of Paramount Group Real Estate Fund IV, which picked up the 12-story building at 2099 Pennsylvania Ave.

Novaya Takes 147 KSF of Tech Office Space in Massachusetts

Novaya Takes 147 KSF of Tech Office Space in Massachusetts

Novaya Real Estate Ventures, not yet one month old, has begun to build its portfolio with the acquisition of two office/R&D buildings featuring an aggregate 146,700 square feet in suburban Boston.

Hines, JP Morgan Acquire Dallas’ Plaza at Legacy Office Complex

Hines, JP Morgan Acquire Dallas’ Plaza at Legacy Office Complex

Eight years after selling The Plaza at Legacy in Plano, Texas, Hines has welcomed the 215,000-square-foot office property back into its portfolio.

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