Globest Sectors

GlobeSt.com caught up with a few executives to discuss work/life balance and what success means to them.

"This community represented a great opportunity to buy new, stabilized product below replacement cost thanks to robust local market momentum," says David Nelson, managing director of acquisitions for Hamilton Zanze.

Orchard Corporate Center, a fully occupied 101,374-square-foot class-A office/R&D campus in North San Jose, was sold by its developer, South Bay Development Company, to a private investor.

Knock focuses on building a CRM and analytics platform to minimize tenant turnover and maximize NOI in this competitive environment, and recently raised $10 million in Series A funding to fuel growth.

HFF represented the seller and worked with the buyer in the transaction to secure the acquisition financing from New York Life Insurance Co. Loan proceeds were used to acquire the property and provides additional capital for an upcoming building renovation, HFF reports.

The top office transactions in Los Angeles totaled $948 million in 2018, a far cry from the $2.3 billion in large office transactions in 2017.

This disruptor should not catch the real estate industry by surprise says the CEO of the transportation information company TransitScreen in a GlobeSt.com interview.

The residential and commercial developer tapped Nichols to help it expand development of independent living, assisted living, memory care, and active adult communities.