EMERYVILLE, CA-The San Francisco-based apartment REIT pays $13 million for two parcels here totaling 4.5 acres. Currently, the acreage houses three office buildings totaling 150,000 sf that will be converted to multifamily in phases.
SIOUX FALLS, SD-Bentley Forbes, which is refining its portfolio, this week revealed itself as the seller of a 158,000-sf property here that was acquired last week by American Financial Realty Trust.
SIOUX FALLS, SD-Bentley Forbes, which is refining its portfolio, this week revealed itself as the seller of a 158,000-sf property here that was acquired last week by American Financial Realty Trust.
SPOKANE, WA-The new $12-million complex will house units of Premera's core operations and generate 250 new family wage jobs. The state of Washington is supporting the project with $700,000 from the Washington State Economic Development Strategic Reserve Account.
SPOKANE, WA-The new $12-million complex will house units of Premera's core operations and generate 250 new family wage jobs. The state of Washington is supporting the project with $700,000 from the Washington State Economic Development Strategic Reserve Account.
SAN FRANCISCO-Based on demand, the locally headquartered REIT focused on technology-related assets ups it common stock offering from 4.2 million shares to 5.1 million shares and prices it at $17.80 per share. With a 2.2 million share preferred stock offering and underwriter options, the estimated gross proceeds are $168 million.
RALEIGH, NC-The locally headquartered suburban office REIT focused on the Southeastern US is spending $46 million to develop two speculative class A office buildings in submarkets where it owns existing properties that are doing well.
SEATTLE-Locally based Sabey Corp. opens the James Tower Life Sciences Building, after its 18-month renovation and expansion of the original Providence Hospital. The asset now totals about 300,000 sf and is home to several life sciences and medical businesses and organizations.
SEATTLE-Locally based Sabey Corp. opens the James Tower Life Sciences Building, after its 18-month renovation and expansion of the original Providence Hospital. The asset now totals about 300,000 sf and is home to several life sciences and medical businesses and organizations.
SAN FRANCISCO-On behalf of Prudential Property Investment Managers of London, LaSalle Investment Management acquires a 75% interest in 580 California and 201 Mission, two class A office towers here totaling about 800,000 sf. The Seller, Equity Office Properties Trust, retains the other 25% as well as the management and leasing assignments.