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Redux for $5M Brings Bixby $30M

Carrie Rossenfeld | January 17, 2017

SAN DIEGO—The firm sells AERO, a 92,463-square-foot office building, to AVID Center at $326 per square foot following a $5-million inventive redesign of the building that makes it unlike any other in this submarket.

Carter Validus Places $51M CMBS Debt on McLean Data Center Portfolio

Erika Morphy | January 17, 2017

McLEAN, VA--Wells Fargo executed the CMBS financing and CBRE's Atlanta Capital Markets Debt and Structured Finance group structured the five-year loan.

Middle Market Digest: The Mid-Atlantic

Erika Morphy | January 17, 2017

WASHINGTON, DC--Our roundup of deals and news from around the region over the past week.

Stroock Boosts RE Tax Practice

Rayna Katz | January 17, 2017

NEW YORK CITY—The firm has brought on a veteran attorney to serve as special counsel to the tax certiorari practice group.

Multifamily Demand Will Still Outweigh Supply in 2017

Natalie Dolce | January 17, 2017

NEW YORK CITY—Capital One recently surveyed multifamily industry participants at the RealShare Apartments conference to assess market sentiment for the coming year and learns that while many industry participants believe that demand is running ahead of supply, the general sense is that the market will tighten somewhat in 2017.

Columbia Property Trust Exits Houston Market

Lisa Brown | January 17, 2017

HOUSTON—Proceeds from the sale of three office properties totaling 1.2 million square feet to Spear Street Capital for $272 million in gross proceeds will be used for reinvestment in high-barrier target markets.

Rents Remain on the Rise with Job and Population Growth

Lisa Brown | January 17, 2017

DALLAS—Routh Street Flats was purchased at a discount to replacement cost, with a price in line with other new construction multifamily buildings within Dallas and in major US metropolitan markets, says Kislak.