Paul Dougherty
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DC Office High-Rise Changes Hands for $338M
Invesco Real Estate sold the 331,000-square-foot trophy building near the White House. Safety, Income & Growth Inc. originated a $150 million ground lease on behalf of the buyer.
Washington Dc 16 November 2018 11:28 -
PRP Grabs Pair of VA Foreclosed Office Assets
The properties total 420,000 square feet and sit in the proximity of Mark Center Transit Center, Alexandria Hospital and Alexandria Community College.
Washington Dc 06 February 2018 17:14
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The 640,000-square-foot property—completed in 1971—lowered its electrical consumption by 21 percent since 1998. Additionally, sustainability features include a water reduction of 3.7 million gallons annually since 2010.
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Strategic Storage Trust IV Grows Portfolio
The REIT has expanded its footprint with a 66,400-square-foot storage facility located in North Las Vegas, roughly 10 miles from downtown.
24 July 2018 15:59 -
CRE Pricing Shows 1st Monthly Drop Since January
The Ten-X Commercial All Property Nowcast fell 0.1 percent from September, resulting in muted growth of 0.9 percent from a year ago.
12 November 2018 15:53 -
Retail Properties of America Sells Last Office Asset
Schaumburg Towers in Schaumburg, Ill. comprises 895,400 square feet across 20 floors and sold for $86.6 million, a $51.4 million difference since the company purchased the campus in 2004.
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Voya Inks 57 KSF Lease at GA Office Campus
Superior Essex, a global manufacturer of wire and cable products, will be relocating to The Pavilion in Sandy Springs. JLL facilitated the lease on behalf of the landlord.
10 July 2018 16:27