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PHOENIX—CBRE has completed a 20,000-square-foot office lease at Element at Kierland located at 14614 N. Kierland Blvd. in Scottsdale. The tenant is Scottsdale-based SheKnows.
MIAMI—“We see Brickell City Centre as a remarkable, mixed-use environment that will offer our people and our clients a truly unique experience,” says Andrew Smulian, Akerman chairman and CEO.
DALLAS--PM Realty Group (PMRG) has acquired One Hanover Park, an eight-story, 195,894-square-foot class A office building located in North Dallas. CBRE's Eric Mackey, Gary Carr, John Alvarado and Robert Hill arranged the transaction on behalf of the sellers, a partnership between Cawley Partners and Stockbridge Capital.
VENTURA, CA—For the Regency Centers sells the 76,060-square-foot shopping center, which is anchored by a Vons grocery store, to a private investor for the first time in 20 years.
LOS ANGELES—At USC's Casden Real Estate Forecast, experts discuss the need—and limited supply—for affordable housing, looking at everything from development models to demographics.
WESTLAKE VILLAGE, CA—Westlake Village City Center and North Ranch Office Building sell to two separate investors, who were attracted to the submarket's low office vacancies.
NEW YORK CITY—Fueled by price spikes in Brooklyn, Manhattan and Queens, the average sales price of a home in New York City in the third quarter of this year rose 13% from $806,000 in the third quarter of 2013 to $910,000.