Office

The Miami firm has purchased 550 Biltmore, a 162,293-square-foot, Class A office building in Coral Gables. The deal calculated out to a purchase price of $336-a-square-foot, according to Cushman & Wakefield.

The city has the fourth largest tech talent pool in the country, ahead of San Francisco.

Brookfield Properties is transforming four acres of empty parking lots and underutilized buildings into a walkable development with housing, public open spaces, offices, retail and restored historic buildings.

The firm has shifted from its 6,000-square-foot headquarters in Elizabeth to approximately 12,000 square feet of space at 45 Academy St. in Newark.

The partnership will inject capital for enhanced tenant amenities and activated outdoor corridors at The Terrace at Solana, infusing a work/life process to incorporate health and wellness features there.

The Transbay Corridor Core Capacity project will receive a fiscal year 2018 funding allocation of $300 million through the US Department of Transportation's Capital Investment Grants program.

American Equity Partners plans to improve and reposition the 23-story One Tower by reimagining the lobby, expanding the amenity package and “reinvigorating the trophy asset,” CBRE reports.

Morgan Stanley provided the 10-year, interest-only loan to Strategic Real Estate LLC to finance the sponsor's prior all-cash acquisition of the office complex.