Category Archives: Acquisition

Cousins Properties to Pay $103.5M for Austin CBD Asset

Atlanta-based Cousins Properties Inc has agreed to acquire 816 Congress in Austin, TX, a 434,000 square foot Class A office property, for an aggregate purchase price of $103.5 million, or…

Franklin Street Agrees to Pay $183M for Denver’s Fifth Tallest Building

A subsidiary of Boston-based Franklin Street Properties Corp. has agreed to acquire 1999 Broadway, a 43-story, 680,277 rentable square foot multi-tenant office building in Denver’s Central Business District, for $183…

KBS Pays $239M for Eight-Building Office Campus in San Jose, CA

A subsidiary of KBS Real Estate Investment Trust II, Inc. has acquired the Corporate Technology Centre, an office campus consisting of eight office buildings totaling 610,083 rentable square feet on…

Steadfast Income REIT Pays $61.22M for MultiFamily Properties in OK, TX

Irvine, CA -based Steadfast Income REIT, Inc. (SIR) has acquired multifamily communities in Buda, TX and Oklahoma City, OK for a combined total of $61.22 million. SIR Buda acquired the…

Advanced Micro Devices Completes $164M Sale-Leaseback in Austin, TX

Advanced Micro Devices, Inc. (AMD) has sold its Lone Star Campus at 7171 Southwest Parkway in Austin, TX to 7171 Southwest Parkway Holdings, LP, an affiliate of real estate investment…

BioMed Agrees to Pay $640M for Wexford Portfolio

BioMed Realty Trust, Inc. has entered into a definitive merger agreement to acquire Baltimore-based Wexford Science & Technology, LLC for $640 million. As part of the merger, BioMed will acquire…

Cole Anticipates $61.075M Acquisition of Canton Marketplace

Cole Credit Property Trust IV reported Tuesday that it anticipates acquiring 350,289 square feet at the Canton Marketplace in Canton, GA for $61.075 million. The transaction is expected to close…

Cole Buys PNC Office Building in Philadelphia for $74.7M

Cole Corporate Income Trust, Inc. reported Tuesday that it has entered into an agreement to acquire the 441,000 square foot PNC office building in Philadelphia, PA for a gross purchase…

Jamestown Agrees to Sell 999 Peachtree in Atlanta to Franklin St. Properties for $158M

Atlanta-based real-estate investor Jamestown has agreed to sell 999 Peachtree in Atlanta to Wakefield, Mass-based Franklin Street Properties for $158 million. Eastdil Secured, L.L.C. brokered the transaction. The closing date…