Miami Herald Finalizes 158,000-SF Lease in Doral

The Miami Herald Media Company has agreed to terms to relocate to a 158,265-square-foot office building in Doral, FL. The building, at 3511 NW 91st Ave. in Miami, will be renamed One Herald Plaza at Westpointe Business Park. The company has also acquired an adjacent six-acre pad site
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Piedmont Finalizes $387M Sale of Majority Stake in Leo Burnett Bldg.

Piedmont Office Realty Trust (NYSE:PDM), an Atlanta-based REIT, completed the sale of its 96.5 percent stake in Chicago’s 35 W. Wacker Drive to UBS Global Asset Management for approximately $ 387 million or $ 359 per square foot. The price equates to a value of nearly $ 401 million fo
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CIM Finalizes Sale of Hollywood HQ to Hudson Pacific

CIM Group completed its trade of 6922 Hollywood Blvd., a 205,522-square-foot office building in Hollywood, CA, to Hudson Pacific Properties Inc. (NYSE:HPP) for $ 92.5 million or $ 450 per square foot. The price is before closing costs and prorations and includes the assumption of an e
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