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MALIBU, CA—Pacific Eagle buys a 68-unit luxury apartment complex, which is entitled for condo conversion, at one of the best cap rates in Los Angeles County.
SAN FRANCISCO—Assets in the area are in demand from technology and creative tenants due to the appeal of large floor plates ranging from 60,000 to 100,000 square feet.
NEW YORK CITY—CBRE's Patrick Arangio and Jack Howard advised GE Capital, which separately provided further information Monday on its reorganization as the parent company winds down its financial services presence.
Today's office developers are building 'creative office space' but it's more than open ceilings, concrete floors and a fire pit, says one source we recently spoke with in celebration of GlobeSt.com's 15th anniversary.
LOS ANGELES—Avison Young's Chris Cooper talks L.A.'s economic drivers—entertainment, international trade, aerospace & defense, professional services and technology—at the firm's annual meeting.
ANNAPOLIS, MD—This has been the strongest rolling four-quarter aggregate since the second quarter of 2012, NIC's Chief Economist tells GlobeSt.com's Erika Morphy.
AURORA, CO—A named change is planned for the 17-building complex that is 93% occupied. Florida-based firm has acquired 3,100 Denver-area apartment units since 2011.