Property Types Office
Trammell Crow Buys San Diego Office Complex
July 1, 2008

Trammell Crow Co.’s Private Equity Group has purchased a 49,347-square-foot, two-story office building in the Torrey Pines submarket in San Diego, Calif. The firm plans to renovate and update the asset to be positioned as either class A office space or lab/biotech space for single and multi-tenant uses. Located off Genesee Avenue, just west of Interstate 5, the 2.75-acre site offers views of Torrey Pines Valley and the UC San Diego Park. Constructed in 2001, the building features 24,674-square-foot floorplates, 9' ceiling heights with acoustical system and ample parking. CB Richard Ellis’ San Diego office will be responsible for marketing and leasing the asset.

 
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
September 03, 2008
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...

Sherwood Snaps Up 300,000SF NYC Office for $155M
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
September 03, 2008
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...

Gustav Not as Severe as Katrina
September 03, 2008
By: Scott Baltic, Contributing Edtor --Context is everything, and hurricanes appear to be no exception. Though Hurricane Gustav's impact on the Gulf Coast in Mississippi and Louisiana wasn't a love pat, locals mostly seem grateful that the damage it caused,...

It's All In The Message
August 29, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Top CEOs understand the power, influence, and leverage created by great messaging. Do you ever find yourself sitting back and marveling at those chief executives who always seem to have the right thing...

Do You Have A Bad Attitude?
August 22, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Show me a CEO with a bad attitude and I'll show you a poor leader. While this sounds simple enough at face value, I have consistently found that one of the most often...

Is Family Business a Good Idea?
August 15, 2008
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....

What to Do When Marketing Goes Wild
August 08, 2008
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?...

Six Mistakes Real Leaders Avoid
August 01, 2008
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...