Office

The 12|12 Aventura project featuring a food hall, retail space, medical offices and senior living residences will break ground later this year.

The recently renovated, 20-story building, 101 North Tryon, was previously owned by Barings LLC and LRC Properties.

The deal is structured as a sale leaseback as part of a consortium alongside Related Cos. and a third-party investor.

In addition to the passage of the Fiscal 2020 Operating and Capital Budgets, the City Council overwhelmingly approved a plan to build a $60-million liquified natural gas facility in Southwest Philadelphia.

Industrious Country Club Plaza will offer co-working and private offices for teams of various sizes. The new location in Kansas City is expected to open for business in the third quarter of this year.

The two firms will recapitalize 520 Broadway, a creative office building in Downtown Santa Monica.

The $450 million project will provide more than 900 units to the UC Hastings campus for students, faculty and staff, along with construction of an Academic Village and renovation of the McAllister building.

For the past six years, Transwestern has provided investment advisory services to Sumitomo Corporation of Americas including sourcing, property evaluations, operational assessments and market assessments.