The fund's first round closed with $450 million from a third party investor and $100 million from Nuveen's parent company, TIAA.

There are a lot of questions surrounding the new 20% pass-through tax break, available this year.

“Both parties were able to recognize the potential for a win/win scenario in the transaction,” says CBRE's Michael Curran, “one that expands Linlo's growing office ownership portfolio, while at the same time providing flexibility to Members 1st in planning for their continued growth.”

Admiral Capital Group's core-plus investment platform recently acquired two class-A office properties in the Dallas metro area totaling approximately 260,000 square feet: Duke Bridges III and Parkwood Place.