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Development - Page 10
Carr Properties Sells Downtown D.C. Office Building to Shorenstein
Carr Properties has sold another of its Washington, D.C. office buildings as part of its ongoing portfolio reorganization. The prominent local landlord sold the property at 901 K St. NW to Shorenstein for $84.3 million, according to documents filed with…
An Architectural Jewel with a Hollywood Pedigree in the Heart of Palm Springs
A storied legacy precedes the iconic William Holden Estate, located at 1323 S Driftwood Drive. Designed and built by prominent master builder Joseph Pawling, this mid-century modern landmark…
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Commercial - Page 10
Hines JV Sells Bay Area Office Campus for $111M
Completed between 1974 and 2002, the three-building campus is LEED Silver-certified. Image courtesy of CommercialEdge A joint venture between Hines and a subsidiary of real estate funds managed by Oaktree Capital Management has sold Ygnacio Center, a 529,612-square-foot office campus…
2024 Industrial Net Lease Sales and Cap Rates
Source: Northmarq, Real Capital Analytics In third quarter 2024, the single-tenant industrial market remained on a path of reporting increasing sales volume.…
Lincoln Property, Centennial Team Up
Westfield Valencia Town Center is one of Centennial’s properties. Image courtesy of Unibail-Rodamco-Westfield Lincoln Property Co. has made a strategic investment in…
GTIS Partners Kick Off DFW Industrial Project
GTIS aims to complete the industrial asset by early 2025. Image by Alliance Architects, courtesy of Stream Realty Partners GTIS Partners has…
Behind Pershing Square’s $900M Acquisition of Howard Hughes
Howard Hughes purchased 9950 Woodloch Forest Drive, a Class A office building in The Woodlands, Texas, in 2019 and subsequently relocated its…
Lincoln Property Co. JV Eyes $1B Data Center Campus
Another data center project, PowerCampus Dallas, is currently under construction 24 miles from the GigaPop site. Image courtesy of Skybox Data Centers…
San Diego Shopping Center Sells for $57M
A newly renovated Stater Bros. Markets anchors Marketplace del Rio. Image courtesy of CommercialEdge ROIC has sold Marketplace del Rio, a 183,292-square-foot…
Finmarc Buys DC-Area Office Portfolio
Finmarc Management has expanded its Northern Virginia office holdings with the $51 million acquisition of a four-building Class A office portfolio totaling 620,000 square feet within the Dulles Technology Corridor in Herndon, Va. 2411 Dulles Corner Park in Herndon, Va.…