Property Types Office
Oaks Development Group Closes on Second San Antonio Project
June 27, 2008

North Carolina-based Oaks Development Group closed on 7.9 acres in Westover Hills, San Antonio, Tex. The site, located on the south east corner of 151 and Westover Hills Boulevard, will be home to a 95,000-square-foot class A medical office building. The land is part of a mixed-use development by Great American Co. that will include a Staybridge hotel, planned restaurant and retail. This is Oaks' second San Antonio project and is expected to open early to mid 2009. Committed tenant owners already include Alamo Medical Group and Urology San Antonio, with a planned magnetic resonance imaging facility on the first floor. Oaks' first San Antonio project in the Medical Center will include an ambulatory surgical center, the developer also said today. That facility is a planned 105,000-square-foot, class A medical office building located at the corner of Floyd Curl and Hamilton Wolfe.

 
Recent Office Headlines
Financing Closes for New Jersey Retail/Office Center
Sept. 05, 2008
The 185,000-square-foot office and retail property at 2143 State Route 35 in Holmdel, N.J., has been financed to the tune of $17.4 million.
Miami Medical Office Building Trades at $316 Per-SF
Sept. 05, 2008
The 53,700-square-foot Sunset Professional Center at 6280 Sunset Dr. in Miami has come under new ownership, courtesy of a transaction valued at approximately $17 million.
Denver Office Market Expected to Close the Year in Good Standing
Sept. 05, 2008
The future looks rosy for the Denver office market. As per a recent research report by Marcus & Millichap Real Estate Investment Services, the Rocky Mountain city is on track for a steady operating performance for 2008, and a positive performance for the long-term.
1401 K St. Guardian Nabs DC Office for $54M
Sept. 04, 2008
The Tower Building, a 124,700-square-foot office property with a full tenant roster along Washington, D.C.'s famed lobbyist-laden K Street Corridor, has traded in a deal valued at $53.8 million.
Village Oaks in Tampa Goes for $21M
Sept. 03, 2008
Cushman & Wakefield’s Florida apartment brokerage services has announced the sale of Village Oaks for $21 million. The purchaser was Mid-America Apartment Communities, a Tennessee-based REIT.
 

 

REal Talk with Adam Perrotta-Wednesday
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By Adam Perrotta, News Writer --While Manhattan's Downtown and Midtown South office submarkets have recently been billed as havens for smaller tenants looking to avoid the sky high rents of Class A Midtown space, such firms may still be able...

Korean Bank Confirms Interest in Buying Lehman Stake
September 03, 2008
By: Gail Kalinoski, Contributing Editor --Buzz about a possible sale of Lehman Brothers escalated today after a top official at state-owned Korea Development Bank confirmed that KDB was trying to form a consortium with private banks to buy a stake...

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September 03, 2008
By: Barbra Murray, Contributing Editor --The 307,000-square-foot office building at 370 Lexington Ave. in New York City's Grand Central submarket has come under new ownership, courtesy of a transaction valued at $155 million. Sherwood Equities Inc., acting in a joint...

Africa Israel Sells NYC Assets for $349M
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By: Dees Stribling, Contributing Correspondent --Africa Israel Investments Ltd., a Yehud, Israel-based company owned by billionaire Lev Leviev that has real estate holdings in Israel, the United States, Russia and other countries, has agreed to sell some of its interests...

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By Mike Myatt, Chief Strategy Officer, N2growth --Oh what a conundrum! Family business: Should I, or shouldn't I? In my opinion there really isn't a right or wrong answer to this question. It is simply a matter of personal preference....

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By Mike Myatt, Chief Strategy Officer N2growth --Have your company's marketing initiatives wandered astray? Is the proverbial tail starting to wag the dog with respect to your current marketing campaigns? How do you know when marketing is out of control?...

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By Mike Myatt, Chief Strategy Officer, N2growth --I recently had a reader ask: "Is there a simple test that can be used to quickly determine an executive's leadership ability?" The short answer is yes. There are, in fact, a great...