property type: Office

Commercial Real Estate Direct Staff ReportHines Sumisei U.S. Core Office Fund has agreed to pay $175.5 million for Charlotte Plaza, a 630,424-square-foot office building at 201 South College St. in downtown Charlotte, N.C.The fund, which is part owned by Hines ...

Commercial Real Estate Direct Staff ReportHines REIT has agreed to pay $87 million for 3 Huntington Quadrangle, a 407,731-square-foot office building in the Long Island, N.Y., community of Melville.The 36-year-old building was sold by an affiliate of AEW Capital Management, ...

Crain's Chicago BusinessOffice building sales in downtown Chicago got off to a fast start in the first quarter, as transaction volume was almost five times higher than in the year-earlier period. Sales volume in the first quarter totaled $1.03 billion, with ...

Blackstone Group has received bids of as much as $2.7 billion for an 11 million-square-foot portfolio of Equity Office Properties' former Chicago holdings. Tishman Speyer, Younan Properties, Callahan Capital, Zeller Realty Group and Hines are said to be among those ...

Boston Business JournalKS Partners has acquired a 10-building, 417,000-square-foot portfolio in Braintree, Mass., for $52 million from Flatley Co. The portfolio includes three office properties: the 91,935-sf Mark 128 Office Park, the 224,039-sf Forbes Business Park, and the 101,208-sf Blue ...

Tishman is offering for sale Woodland Pointe, a brand-spanking new office building in suburban Washington, D.C. The property becomes the third newly constructed office building in the area that has been put up for sale.

Baltimore Business JournalBaltimore's Planning Commission is recommending the city provide $33 million of incentives to help Legg Mason relocate to the Harbor East redevelopment project. The incentives are needed to ensure Harbor East developers H&S Properties Development and Struever Bros. ...

Parkway Properties has paid $46.5 million for 1401 Enclave, a 209,000-square-foot office building in Houston.The Jackson, Miss., REIT, purchased the six-story building on behalf of its Parkway Properties Office Fund. It purchased it from Triple Net Properties of Santa Ana, ...

Los Angeles Times Rents in Los Angeles County office buildings will continue to rise during the next few years as businesses expand and take empty space off the market, according to a UCLA survey of real estate professionals. In 2006, ...

Equastone has struck a deal to pay $420 million for 3.1 million square feet of Dallas office space from Crescent Real Estate Equities. The La Jolla, Calif., real estate firm was seen as the likely buyer for the portfolio after ...