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Representative imagePentaurus Properties Buys 124-Unit Apartment Complex in Matawan, New JerseyMATAWAN, N.J. — Pentaurus Properties, a New Jersey-based family office, has purchased a 124-unit apartment complex in Matawan, located in Central New Jersey.
CBRE Arranges Sale of 69,032 SF Office Property in Anaheim, CaliforniaANAHEIM, CALIF. — CBRE has brokered the sale of an office building located at 2300 E. Katella Ave. in Anaheim. The property traded for $15.1 million. Anthony DeLorenzo, Sammy Cemo and Bryan Johnson of CBRE represented the institutional seller in the transaction.
Representative imageNewmark Brokers Sale of 32,400 SF Office, Retail Building in Manhattan’s SoHo DistrictNEW YORK CITY — Newmark has brokered the sale of a 32,400-square-foot office and retail building in Manhattan’s SoHo district. The landmark five-story building at 61–63 Crosby St.
Representative imageSouthwest Autism Research Buys 10,628 SF Office Building in TucsonTUCSON, ARIZ. — Southwest Autism Research & Resource Center has purchased a freestanding office building, located at 3100 N. Campbell Ave. in Tucson, from Siempre Juntos for $2.1 million.
$500M Berkeley Heights Redevelopment Adds Six New RetailersThe Park, a 185-acre mixed-use campus in Berkeley Heights, NJ, announced six new retailers that will occupy The District at The Park beginning in July. The tenants have been signed as the former office campus undergoes a $500-million redevelopment.
Buchanan Partners Acquires Inova’s Former Merrifield HQ for $13MInova Health System has sold a 240,000-square-foot Merrifield office building, its former corporate headquarters, to a Bethesda firm that plans a long-term redevelopment project.
Irvine Company Trades Pasadena Office for 32% DiscountSouthern California’s largest owner of multifamily units is trading off many of its office assets across the region, and one of the state’s fastest-growing banks is stepping up to take advantage in Pasadena.
Simon Singer’s FTK Capital Acquires Chicago Office Building for $25M via Note SaleA Chicago office building has changed hands and is beginning a new chapter, Commercial Observer has learned.
Colliers Arranges $156M Sale of Huntington Tower in Downtown DetroitDETROIT — Colliers has arranged the sale of Huntington Tower, a 21-story office building located at 2025 Woodward Ave. in downtown Detroit.
Stream Realty Arranges $52.5M Sale of Watergate 600 Office Building in D.C.WASHINGTON, D.C. — Stream Realty Partners has arranged the sale of Watergate 600, a 12-story, 316,000-square-foot office building located at 600 New Hampshire Ave. N.W. in Washington, D.C.’s East End district.
Banyan Spends Nearly $40M on Tampa Office ComplexBanyan Street Capital acquired Harborview Plaza, a 206,329-square-foot, Class-A office complex in Tampa, Florida. Banyan acquired the 6.7-acre development from Cousins Properties for $39.5 million.
Representative imageWatergate Office in D.C. Sells for Just $53MPart of the infamous Watergate complex in Washington, D.C., has sold for over 60 percent less than its 2017 sale price as the seller prepares to formally dissolve later this year.
Representative imageWest Capital Lending Acquires 104,375 SF Office Building in Irvine, California for $23.7MIRVINE, CALIF. — West Capital Lending has purchased 17911 Von Karman Avenue, a five-story Class A office building in Irvine’s Concourse submarket. John Hancock Insurance sold the asset for $23.7 million.
Credit Union Acquires Houston Office TowerFirst Community Credit Union will soon have a new headquarters. The company acquired the former Noble Energy Center Two, a 470,623-square-foot office tower in Houston’s Vintage Park/Tomball area. Currently, the credit union’s main offices are at 15260 FM 529 Road.
Miami’s One Downtown Trades for $110MMoishe Mana acquired One Downtown, a Class A office tower located at 1 SE 3rd Avenue, for $110 million. PCCP was the seller. The building last sold for $127 million in 2018. CBRE brokered the deal.
Wentworth Property Picks Up 238K-SF Office Campus Near TSMCWorkspace Property Trust has offloaded a 238,000 square foot office complex on Phoenix’s north side. Wentworth Property paid $26.7 million for the office campus. The campus includes two three‑story buildings with 39,750‑square‑foot floor plates.
Workspace Property Trust Sells Two-Building, 238,500 SF Office Campus in PhoenixPHOENIX — Workspace Property Trust has completed the disposition of a two-building office campus in Phoenix. An affiliate of Wentworth Property Co. acquired the property for an undisclosed price.
Representative imageNewmark Brokers $38.2M Sale of Land Site, Office Building in Westwood, CaliforniaWESTWOOD, CALIF. — Newmark has arranged the sale of 10918-10926 Le Conte Avenue, a land site with a 9,647-square-foot office building in Westwood. An undisclosed buyer acquired the asset from Le Conte Westwood Development for $38.2 million.
Representative imageCredit Union Buys Houston Office BuildingThis property previously traded in 2023 for $101 million. The post Credit Union Buys Houston Office Building appeared first on Commercial Property Executive.
Representative imageUber Expands by 86K SF at 3 World Trade CenterRide-sharing giant Uber Technologies has taken up a bigger parking space at 3 World Trade Center. Uber has expanded by 86,071 square feet at the Silverstein Properties-owned office tower in Manhattan’s Financial District, according to a March office report from CBRE.