property type: Office

Argus Realty Investors is said to be the likely buyer for a large office portfolio in Plano, Texas. The firm, which was said to have bid $215 million, is purchasing the portfolio from Billingsley Co.

Chicago Tribune Offers for Equity Office Properties Trust's former Chicago-area properties are due Thursday, less than two weeks after bidding opened on the 22-building portfolio. Blackstone, which assumed control of the properties through its acquisition of EOP, marketed the properties ...

Mack-Cali Realty Corp. has paid $13 million for 43 acres of developable land adjacent to the Capital Office Park in Greenbelt, Md.The Cranford, N.J., REIT purchased the land from a venture between Greenbelt Associates and Sixteenth Springhill Lake Associates, which ...

KBS REIT has agreed to pay $33 million for the Royal Ridge Building, a 160,539-square-foot office building in the Atlanta suburb of Alpharetta, Ga. The Newport Beach, Calif., real estate firm is purchasing the building from a group operating as ...

Tampa Bay Business JournalConstruction is scheduled for July on South Shore Corporate Park, a 400-acre property in suburban Tampa Bay. The property near Interstate 75 and state Road 674 in Hillsborough County, Fla., is scheduled to be completed in 2015. ...

The intense competition for Houston properties between institutional investors and REITs has resulted in a dramatic increase in property pricing. On average, properties are trading for $162/sf, a sharp increase from last year's average. The competition is due to solid ...

Cincinnati Enquirer Western & Southern Financial Group Inc. has proposed constructing a 720,000-square-foot office building in downtown Cincinnati. The Cincinnati development firm is trying to pre-lease the building before construction starts. Initially, the tower was to have 37 floors, but ...

KBS REIT has agreed to pay $33 million for the Royal Ridge Building, a 160,539-square-foot office building in the Atlanta suburb of Alpharetta, Ga. The Newport Beach, Calif., real estate firm is purchasing the building from a group operating as ...

Tampa Bay Business JournalConstruction is scheduled for July on South Shore Corporate Park, a 400-acre property in suburban Tampa Bay. The property near Interstate 75 and state Road 674 in Hillsborough County, Fla., is scheduled to be completed in 2015. ...

Cincinnati Enquirer Western & Southern Financial Group Inc. has proposed constructing a 720,000-square-foot office building in downtown Cincinnati. The Cincinnati development firm is trying to pre-lease the building before construction starts. Initially, the tower was to have 37 floors, but ...