Austin Weisenbeck

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    Office development reached a cycle high of 2.3 million square feet in 2017, marking a 53.7 percent year-over-year increase. Construction has picked up in less popular areas such as Jefferson Corridor and downtown Long Beach, while North Hollywood emerged as the most active suburban submarket.

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  • Downtown Seattle Office High-Rise Changes Hands

    Union Investment sold the 20-story Millennium Tower, which also includes high-end condo residences. The property last traded in 2003, for $64.8 million.

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  • Plano, Texas Marriott Legacy Commands $104M

    Ashford Hospitality Prime dispensed the 404-key hotel, completing a reverse 1031 exchange that the company initiated to acquire the Hotel Yountville in California earlier this year.

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  • NKF Expands Minneapolis Team

    Brent Erickson and Erik Ordway have joined NKF from Cushman & Wakefield. They will be working on landlord agency and select tenant representation assignments.

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  • Colony NorthStar Grabs 2 East Bay Industrial Assets

    A CBRE team brokered the transaction for the two fully leased buildings, which contain nearly 600,000 square feet 10 miles from downtown Oakland, Calif.

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