Shorenstein Investment Advisers acquired the 273K SF The Tennyson office campus in Plano’s Legacy business park from Spear Street Capital.
Ponte Gadea, the owner of 1445 New York Ave. NW, is seeking permission to modify the property to make it more enticing to office tenants.
Office-using employment in Austin outpaced every other city it was compared with, despite a high office vacancy rate.
Ronan Group has been given the go-ahead to redevelop the Citi north docks headquarters in Dublin, with a revised plan reducing its maximum height to 12 storeys.
Office Properties Income Trust filed for bankruptcy in October.
The deal marks a significant turn for the Chicago office market, which earlier this year saw its construction pipeline hit zero for the first time since 2012.
The Greenwood and Oakwood office properties bordering Fair Oaks Mall have been sold for a total of $12.5M.
CEO Jordan Menashe told Bisnow that the building is about 60% leased, with good in-place cash flow to build spec suites and pursue leases.
The sale is the latest example of Denver metro office properties selling at significant discounts.
Morgan Stanley could invest $684M to consolidate its operations into a new high-rise at 2401 McKinney Ave.
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