Brent Gurney

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    A real estate fund managed by Credit Suisse Asset Management acquired the former Oregonian Building in Portland, Ore. The previous owners recently renovated and restored the facility as part of a multi-million dollar program.

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    Continued improvement in the area’s job market and a steady household creation maintain rent growth in contrast to the nationwide cooling trend, Yardi Matrix data shows.

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    Designed to LEED Gold certification, Boro Tower’s first phase will include a 1.7 million-square-foot mixed-use space, encompassing residential units, retail, entertainment and office space. It is expected to be complete in 2019.

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    HFF brokered the sale of Huntington Square Plaza, a fully leased 126,000-square-foot shopping center located in the Long Island community of Huntington, N.Y.

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  • Virtua to Develop SpringHill Suites Hotel in Avondale

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  • Bay Vista Office Building Trades for $10.2M

    Ryan Companies sold the four-story asset to a New York-based real estate investment firm. Valley National bank provided the $7.1 million acquisition financing.

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    While electronics and clothing retailers are seeing a portion of their sales moving online, e-commerce has yet to gain traction in some other retail categories, according to a recent CBRE analysis.

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    The 24-story Waterview tower in Arlington, Va., sold for $711 per square foot, a record-breaking price for suburban Washington.

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