DRA and Prescott’s acquisition of Nimbus Corporate Center further solidifies the strength of the suburban office market in the greater Portland area, a market that is demonstrating increased flex office demand.
When the value-add market stalled in March, Excelsa pivoted to core/core-plus opportunities, first with Aspen at Mercer Crossing, and is now working hard to secure a second Dallas asset.
DivcoWest Fund VI had approximately $2.25 billion in capital commitments, targeted $1.5 billion in capital commitments and was oversubscribed when it closed on September 30, 2020.
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