Appraisal Puts 131 South Dearborn Tower in Chicago Underwater

The appraised value of the 1.7 million square-foot Citadel Center at 131 South Dearborn in Chicago has dropped to $400 million, below the $472 million in CMBS loans on the…

Vaccinogen Moving HQ to 947-949 Fell St in Baltimore

Vaccinogen, Inc., a cancer immunotherapy development company that named Benjamin S. Carson, MD, Chairman of its Board last summer, has entered into a lease agreement with landlord 1001 Fell Street…

Columbia Property Trust Pays $588M for Three Office Assets

Columbia Property Trust, Inc. has acquired the Spear Street Portfolio, two assets including the 315 Park Avenue South Building in Manhattan, New York, and the 1881 Campus Commons Drive Building…

Baylor Surgical Hospital at Fort Worth Sells for $48.2M

Carter Validus Mission Critical REIT II, Inc. has acquired 100 percent of the fee simple interest in the Baylor Surgical Hospital at Fort Worth, an 83,464 square foot medical facility…

Akebia Therapeutics More than Doubles Space in Cambridge, Mass

Akebia Therapeutics, Inc. has amended its lease with Jamestown Premier 245 First, LLC for the company’s headquarters on the eleventh floor of 245 First St in Cambridge, Mass. Pursuant to…

Terreno Agrees to Pay $116M for 820,207 SF DC Industrial Portfolio

Terreno Realty Corp has entered into an agreement to acquire an industrial property in Washington, D.C. consisting of six buildings totaling 820,207 square feet for $116 million. The acquisition is…

REIT Agrees to Pay $146.8M for 211,170 SF Office Property in Arlington, VA

KBS Real Estate Investment Trust III reported on Wednesday that it has entered into an agreement to acquire 100 percent of the Class A voting units of a single asset…

Agios Pharmaceuticals Already Expanding at 88 Sidney St in Cambridge, MA

Agios Pharmaceuticals, Inc. has amended its lease with landlord Forest City 88 Sidney, LLC to expand the rentable square footage of its new premises in Cambridge from 74,500 square feet…

KBS REIT III Agrees to Pay $116.7M for Ten Almaden in San Jose, CA

KBS Real Estate Investment Trust III, Inc. has agreed to acquire Ten Almaden, an office property containing 309,255 rentable square feet on 1.6 acres of land in San Jose, CA,…

HFF Finds Local Buyer for 260K SF Lexicon Pharmaceuticals Property in The Woodlands, TX

Griffin Properties Inc has agreed to pay $24.5 million for Lexicon Pharmaceuticals‘ (Nasdaq: LXRX) property in The Woodlands, TX, which is commonly known as 8800 Technology Forest Place. HFF served…