Hines is expanding its multifamily business into Arizona and Colorado, which both have growing demand for multifamily.

Columbia Property Trust's third lease with the co-working office provider foreshadows more WeWork expansion in Midtown South.

The assets totaling 26,923 square feet were sold for approximately $7.46 million, which afforded the company to pay down $4.5 million of property-level debt and $1.6 million of its Revere loan.

The 392-unit residential community is located near major employment centers and transportation corridors.