Gabriel Circiog
Alula Relocates HQ to St. Paul
The smart security systems producer plans to relocate its headquarters into CSM Corp.’s Midway Innovation Center I, which has been vacant since May 2018.
Flaherty & Collins to Develop $170M Michigan Project
The City of Warren and General Motors are the other partners involved in delivering Warren Town Center. Construction is scheduled to start before the end of 2019.
A Year in Review: Chicago’s Office Market in 2018
How did Chicago perform in the last 12 months in terms of office investment and what will 2019 bring? NAI Hiffman’s Executive Vice President Jason Wurtz evaluates the performance of the metro’s office sector.
Meridian Closes 5th MOB Acquisition in California
The company will invest $3.6 million in upgrades to the property, which was vacant at the start of negotiations. While the sale was in escrow, Newmark Knight Frank found a tenant for half the building.
Opus Buys Target Campus in Minneapolis
The company plans to convert the asset into a multi-tenant office property and include additional amenities into the space by spring 2019.
Top 10 Office Completions in Los Angeles
Inventory is expected to grow by 2 million square feet by the end of 2018, with significant additions in the CBD, Hollywood and Jefferson Corridor submarkets.
Miller Global Properties Sells Portland Office Building
CBRE Global Investors paid $76.6 million for the eight-story property which is located in the Pearl District, one of the city’s high-profile submarkets.
Goldman Sachs Acquires Portland Office Asset
The $25.7 million sale price is twice the amount paid in 2013 by the building’s previous owner, Melvin Mark.
KCP Acquisition Picks Up Kansas City-Area Office Asset
Potential buyers of the Northland Innovation Campus were drawn to the building’s stabilized cash flow and steady tenant roster.
CPE Asks … About the Office of the Future
Tenants will want flexibility, collaboration, convenience and a comfortable atmosphere, according to these design and leasing executives. And don’t forget lots of technology.