Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The 527,338-square-foot 800 North Brand Blvd. office tower in Glendale, CA was acquired from Piedmont Office Realty by Beacon Capital Partners, according to multiple press reports.
The company also reports that the $75-million investment by an affiliate of New York City-based Madison International Realty Holdings, LLC in Plymouth Industrial closed on Dec. 14 in conjunction with the Jacksonville portfolio deal.
A study finds that there is frequently a lack of understanding on the part of proptech founders when it comes to decision-making processes in the real estate sector.
Southampton Shopping Center provided us with an excellent opportunity to enter a key market with high barriers to entry,” says Michael Carroll, chief executive officer of ShopOne.
“Atrium Corporate Park is an institutionally owned and maintained office portfolio that offered the buyer a compelling combination of credit cash flow stability and value-add leasing upside,” says JLL's Joseph Garibaldi.