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The investor sells an office asset in Brea, California, for $376 per square foot to Crowne Pointe Equity.

The deal includes a partial lease-back of 40,000 square feet to the current tenant and seller affiliate KCP Holdco, Inc. for its headquarters.

The Southern California investor buys a five-property office portfolio in San Bernardino.

The firm will move into the first of three Comstock office towers in the mixed-use development, in early 2020.

Jeff Rinkov of Lee & Associates says next year will be expansive in more ways than one. Spoiler alert: Watch the coasts. 

The development team also announced that Hamilton Lane, a global alternative investment management firm, has signed a lease to occupy 130,000 square feet at Seven Tower Bridge beginning in 2021.

The W.T. The W.T. Waggoner Building at 810 Houston St. is set to become the second Sandman Signature Hotel in the United States, and Sandman is a chain owned by Canada-based Northland Properties.

In this EXCLUSIVE, Joe Melton of The Morgan Group discusses how his company builds and retains strong leasing teams in a strong labor environment.