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    The redevelopment of 25 Cabot Square will bring approximately 200,000 square feet of new office space to the market. The project is scheduled for completion in late 2018.

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  • TerraCap Adds New Director of Asset Management

    Matt Stewart brings 23 years of experience in the commercial real estate industry to his new role overseeing the company’s portfolio of office and multifamily assets in Georgia.

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    Somerset Properties and Greenfield Partners LLC selected Colliers as the exclusive agent for the disposition of 400 and 406 Lippincott Drive in Marlton, N.J. The two Class A office buildings total more than 80,000 square feet.

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    Retail and non-CBD office are among the properties offering opportunity for better returns to investors willing to expand their strategies. You just need to know how to unearth their full potential, notes Resource Income and Opportunity REIT Senior Vice President Martin Caverly.

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  • Detroit’s Orchestra Place Changes Hands

    Marcus & Millichap closed on the sale of the five-story office building located in the city’s Midtown neighborhood. The buyer was a regional investment group.

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    Two Independence Square, the largest asset in Piedmont Office Realty’s portfolio, sold for $360 million, or $593 per square foot.

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