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  • CBRE Secures 1031 Exchange Buyer for LA MOB

    The 18,984 square-foot property changed hands for $5.4 million and is fully leased on a long-term basis to Avanti Hospitals.

    15 June 2017 13:17
  • Economy Watch: NYC Tops List of Amazon HQ2 Favorites

    The city best fits Amazon's public criteria for the selection prize, according to Anderson Economic Group's recent AEG HQ2 Index. The retail giant emphasized its desire to be in a city with more than 1 million people and a stable business environment, to name a few.

    05 October 2017 13:26
  • Historic KC Building Comes Back to Life

    East 9 at Pickwick Plaza, a mixed-use development in downtown Kansas City, Mo., opened its doors. UC Funds and Gold Crown Properties completed the $57 million renovation in less than two years.

    24 July 2017 22:02
  • KBS REIT Snares $1B Financing Commitment

    BofA, Wells Fargo and U.S. Bank were the joint lead arrangers of the three-year facility, which marks the largest single financing transaction in the company’s history.

    09 November 2017 10:02
  • Summit to Buy Four Hotels for $164M

    The company expects to spend approximately $7 million to $9 million in capital improvements over the next two years. This off-market transaction will bring Summit’s year-to-date acquisition activity to nearly $600 million.

    16 November 2017 13:38
  • Suning to Boost Online, Offline Retail

    Evergrande, China’s leading property developer, will provide commercial facilities to the company, which is planning to add 5,000 physical stores with connections to its online presence by 2018.

    13 November 2017 10:39
  • Carter Validus Grabs Largest Data Center in Connecticut

    In addition to the data center, the REIT bought four health care facilities in Illinois and Texas, the purchase price for all five properties being over $141 million.

    16 May 2017 16:48
  • Celebrating 30: Transwestern, BNP Form Strategic Alliance

    We're celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate's history. This week: Transwestern and BNP Paribas Real Estate's strategic partnership. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.

    27 July 2017 17:22
  • CIM Buys Brooklyn Office Building in $171M Deal

    The sale is expected to close in the fourth quarter of 2017. Though barely in the top 10 tallest buildings in Brooklyn, 16 Court St. is reportedly the borough’s tallest commercial office property.

    14 August 2017 11:50
  • Ridge Breaks Ground on 186 KSF Industrial Asset

    Dubbed Ridge Brewster Creek II, the project is slotted for completion by December 2017. Newmark Knight Frank will handle leasing for the development.

    17 August 2017 17:08