News

The 527,338-square-foot 800 North Brand Blvd. office tower in Glendale, CA was acquired from Piedmont Office Realty by Beacon Capital Partners, according to multiple press reports.

The company also reports that the $75-million investment by an affiliate of New York City-based Madison International Realty Holdings, LLC in Plymouth Industrial closed on Dec. 14 in conjunction with the Jacksonville portfolio deal.

It is building a 1.7-million square foot campus that will allow it to double its workforce in the city.

This project will be the start of several new developments in the Raleigh-Durham area, according to Monty Hoffman.

Presby's Inspired Life is also opening Cantrell Place in South Philadelphia, a new construction project, at the end of 2018.

Southampton Shopping Center provided us with an excellent opportunity to enter a key market with high barriers to entry,” says Michael Carroll, chief executive officer of ShopOne.

“Atrium Corporate Park is an institutionally owned and maintained office portfolio that offered the buyer a compelling combination of credit cash flow stability and value-add leasing upside,” says JLL's Joseph Garibaldi.

Husch Blackwell's new location will be able to accommodate significant increases in headcount, despite occupying about 75 percent of the current office footprint.