Office | EDGE Asset Management

Ventas Inc. plans to acquire Cogdell Spencer Inc. and its 72 medical office buildings in an all-cash transaction. At closing, Ventas’ investment, including its share of debt, is expected to range from $ 760 million to $ 770 million, before anticipated transaction expenses. The s

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January 02, 2012

by Oriah

Comments are off

Buildings, Buying, Cogdell, Medical, Office, Spencer, Ventas

The office market should slowly improve throughout 2012. National Real Estate Investor

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January 01, 2012

by Oriah

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2012, Energy, Hubs, Market, National, Office, Outperform, Technology

Brookfield Office Properties completed another disposition, this time offloading 53 State Street in Boston. National Real Estate Investor

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December 24, 2011

by Oriah

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$610M, Boston’s, Brookfield, Office, Properties, Sells, State, Street

Golub & Co. and BlackRock Inc. traded the 439,434-square-foot office building at 22 W. Washington St. in downtown Chicago for $ 183.5 million or $ 418 per square foot. Prudential Real Estate Investors purchased the 17-story structure on behalf of institutional investors in its co

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November 29, 2011

by Oriah

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$183.5, Blackrock, Bldg., Chicago, Golub, Million, Office, Swap

Chicago-based Capri Capital Partners LLC finalized its sale of the Watergate office building at 2600 Virginia Ave. NW in Washington, DC, to the Penzance Cos. The 12-story, 200,000-square-foot property traded for $ 76 million, or nearly $ 287 per square foot. A group of investors led b

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November 29, 2011

by Oriah

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$76M, Bldg., Capri, Completes, Office, Sale, Watergate

Transwestern Investment Co. sold Concord Corporate Centre, a 347,000-square-foot office complex in Concord, CA, to Westcore Properties. The price was not disclosed. The Blackstone Group traded the East Bay area campus to Transwestern for $ 99 million in July 2007. The portfolio includ

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November 04, 2011

by Oriah

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Campus, Class, Office, Sells, Transwestern, Westcore

Douglas Entrance ownership has closed a loan modification for Douglas Entrance. Ronald Miles, managing director of Pearlmark Real Estate Partners, arranged the financing. Douglas Entrance is a 458,170-square-foot, class A, five-building office park at 800 Douglas Road in Coral Gables,

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October 27, 2011

by Oriah

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Campus, Closed, Coral, Douglas, Entrance, Gables, Loan, Office, Restructuring

With the construction pipeline all but shut down and reduced rents prompting many tenants to trade up for better or more efficient space, the U.S. office market absorbed a strong 19 million square feet in the third quarter, according to data presented this week at CoStar Group’s Third

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October 20, 2011

by Oriah

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Absorption, Market, Office, Posts, Quarter, Strong, Third, U.S.

The South Florida Office market ended the third quarter 2011 with a vacancy rate of 14.8%. The vacancy rate was unchanged over the previous quarter, with net absorption totaling positive 432,112 square feet in the third quarter. Vacant sublease space decreased in the quarter, ending t

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October 16, 2011

by Oriah

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14.8%, Florida's, Market, Office, South, Stays, Trend, Vacancy

Investment in office buildings in secondary markets is starting to pick up. National Real Estate Investor

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September 28, 2011

by Oriah

Comments are off

Acquisition, Become, bets, Cities, Enters, Good, Heartland, Office, Recovery, Sector, Stage

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Ventas Buying Cogdell Spencer and its 72 Medical Office Buildings

Technology, Energy Hubs to Outperform the National Office Market in 2012

Brookfield Office Properties Sells Boston’s 53 State Street for $610M

Golub, Blackrock Swap Chicago Office Bldg. for $183.5 Million

Capri Completes $76M Sale of Watergate Office Bldg.

Transwestern Sells Class A Office Campus to Westcore

Restructuring Loan Closed for Coral Gables Office Campus, Douglas Entrance

U.S. Office Market Posts Strong Third Quarter Absorption

Market Trend: South Florida’s Office Vacancy Stays at 14.8%

As Office Sector Enters New Stage of Recovery, Cities in the Heartland Become Good Acquisition Bets