Recently Foreclosed Coconut Grove Office Sells For More Than $1K Per SF: The South Florida Deal Sheet

The Coconut Grove office traded for $61M one year after being acquired through a UCC foreclosure.

8M SF Office REIT Receives Offer To Take Portfolio Private

A South Florida-based investment firm is offering to pay up to $2.50 per share to buy the roughly 90% of Orion Properties' shares it doesn't already own.

Cigna Downsizes Center City Office Footprint: The Philadelphia Deal Sheet

Cigna downsized its Philadelphia office footprint by 44K SF. CenterSquare closed a $50M industrial investment vehicle.

In D.C.'s Office Wreckage, The Jemal Real Estate Dynasty Makes Its Move

Matthew Jemal, the younger son of Doug Jemal, leads a new venture that has acquired at least three D.C.-area office buildings over the past eight months.

Communications Firm Grows Office With Move From L To K Street: The D.C. Deal Sheet

Also this week, Skanska opens a Hyattsville office, Fairstead breaks ground on an Alexandria affordable project, the Commanders pick an architect, and more.

Center City's Largest Office Space Slated For Resi Conversion: The Philadelphia Deal Sheet

PMC and Dean Adler want to bring hundreds of apartments and hotel rooms to Centre Square. A developer is plotting renovations in downtown Kennett Square.

Synergy Recapitalizes Beacon Hill Office Building For $23M: The Boston Deal Sheet

Synergy acquired 11 Beacon St. in 2013 for $35M from DivcoWest. Here is the latest CRE news from Boston.

Largest Tenant At Allen Office Building Reups For Another Decade: The DFW Deal Sheet

Allen Place I was completed in 2015 as a build-to-suit for KONE Americas, which has separate leases for an adjoining warehouse and test tower.

Blackstone Merges Office And Retail Portfolios To Create Perform Properties

ShopCore Properties, Retail Opportunity Investments Corp. and EQ Office have been combined into one 33M SF portfolio spanning 36 states.

200K SF Office And Research Building Coming To Houston's Ion District

Rice Real Estate Co. and Lincoln Property Co. are developing a new 200K SF research, laboratory and office building in Houston's Ion District.