Office

The team, led by real estate veterans and executive managing directors Sergio Pérez, SIOR and Samuel Campos, includes 18 producers, six of whom are senior experts, NKF reports.

The Moinian Group paid $233 million for SL Green's stake in the 25-story office tower.

A venture between Trammell Crow and Elm Tree Funds has been awarded a 20-year build-to-suit lease with the GSA for occupancy by the US Citizenship and Immigration Services' Texas Service Center.

Sales in the area are picking up with 3333 Wisconsin selling for $42.5 million, The Jefferson Building for $41.9 million and The Trellis House for $128 million.

Palmer Capital represented both VMG and Ellis Partners and secured $32.2 million of financing for the transaction from Umpqua Bank's commercial banking division.

Thge suburban office market in particular has become quite vibrant.

McCormick, a long-time industrial real estate specialist based out of Irvine, CA, most recently served as SVP – national accounts for real estate development and investment firm Rockefeller Group International.

Booming healthcare and technology sectors are bolstering demand for office space throughout the market, keeping vacancy tight, with companies including Amazon and Google expanding footprints.