Office

The growing flexible office space provider will occupy two floors in CIM's downtown office tower.

And finding an office that makes the right statement can be like finding a needle in a haystack, says Geoffrey Kasselman of NKF.

The $18 million sale of University Park Business Center is another example of how universities find many advantages to off-campus properties.

Financing was secured for a mixed-use circa-1909 building in a well-located urban core position on Franklin Street in the revitalized Hayes Valley.

The Davis Companies added value through a lease extension, property repositioning and significant lobby and building system improvements.

The office property is a class A, award-winning building that is Wired Certified through WiredScore for meeting the highest standards of technological superiority in connectivity and infrastructure.

The JV is acquiring the top half of the 251,000-square foot building.

Kennedy Wilson's ownership in CB3 is 50%, with an initial equity investment of €68 million or approximately $79 million. Kennedy Wilson will act as the development and asset manager of the property.