Office Sells for Record Price
NEW YORK — Brookfield Office Properties has sold the Newport Tower office building in Jersey City, NJ to Multi-Employer Property Trust for $377.5 million. It...
Category : Office
Austin Office Market Reports Strong 3rd Quarter
AUSTIN – Austin’s office leasing market had an strong third quarter performance, posting 644,297 square feet of positive absorption, the Grubb & Ellis firm reported. Tenant...
SkyWalker Buys Grapevine Office
GRAPEVINE, Texas – SkyWalker Property Partners has acquired a two-building office complex, totaling 58,860 sf, in Grapevine, from special servicer, CWCapital LLC. Gary Walker, president...
Wells REIT Buys Houston Office Building
HOUSTON – Wells Core Office Income REIT has acquired the Westway II building in west Houston. Westway II is a 242,374 square foot Class-A office...
Surge in Dallas Spec Office Construction
DALLAS – A number of new office projects are underway in the north Dallas suburbs, according to a report by Ben Johnson of OKC Review....
Hines Breaks Ground on Denver Office Project
DENVER — Hines has broken ground on a 186,000-sf office project in the Interlocken Business Park in Bloomfield, Colo. in suburban Denver. Houston-based Hines is...
LaSalle Investment Enters JV With Midway in City Centre
HOUSTON – LaSalle Investment Management, Inc. and Midway Cos. have formed a joint venture for the City Centre II and City Centre III mixed-use buildings...
Eagle Ford Shale Drilling Prompts Mixed-Use Project
KENEDY, Texas – The Eagle Ford shale gas exploration play south of San Antonio has prompted Abrego Development to start Kenedy Station, a 166-acre mixed-use...
Houston Club Building Sold to Skanska
HOUSTON – The Houston Club Building, an 18-story office tower in downtown Houston, has been purchased by Skanska USA from Wells Fargo Bank. The 350,000-sf building, 811...
Community Bancorp Leases Space in Williams Tower
HOUSTON – Community Bancorp, LLC, has signed a long-term lease at Williams Tower for 30,064 square feet. The bank holding company will move into the...