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Washington Capital Acquires Bethesda Office Property for $45M
News 2 months ago
Washington Capital Acquires Bethesda Office Property for $45M
Source CP Executive

Washington Capital Management has acquired The Fairmont Building in Bethesda, Md., from Realty Investment Co., an entity controlled by Bainum...

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Investment Influences
News 2 months ago
Investment Influences
Source CP Executive

CPE has a new poll! We want to know which of the following factors is most likely to influence investment during the second half of 2019. Last...

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VA Flex, Office Portfolio Trades for $44M
News 2 months ago
VA Flex, Office Portfolio Trades for $44M
Source CP Executive

Minkoff Development has purchased a five-building flex/industrial and office portfolio just south of Dulles International Airport for $43.5 million...

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Berkadia Arranges $50M Refi for New Orleans Tower
News 2 months ago
Berkadia Arranges $50M Refi for New Orleans Tower
Source CP Executive

With the assistance of Berkadia, Stirling Properties has refinanced Pan American Life Center, a 674,000-square-foot office property in New Orleans....

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Glassdoor Doubles Up on Chicago Office Space
News 2 months ago
Glassdoor Doubles Up on Chicago Office Space
Source CP Executive

In addition to helping others find jobs, Glassdoor will be the one creating jobs following the signing of a long-term lease for two full floors at...

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Bain Capital Sells Life Science Campus for $255M
News 2 months ago
Bain Capital Sells Life Science Campus for $255M
Source CP Executive

The real estate investment arm of Bain Capital, along with Phase 3 Partners, has sold a Class A life sciences campus in San Diego to an undisclosed...

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LA-Area Office Asset Sells for $51M
News 2 months ago
LA-Area Office Asset Sells for $51M
Source CP Executive

New York-based Vella Group has purchased a two-building office property in Los Angeles with plans to convert it into a creative campus. The company...

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USAA Real Estate Secures $140M for DC Trophy Building
News 2 months ago
USAA Real Estate Secures $140M for DC Trophy Building
Source CP Executive

USAA Real Estate Co. has received a loan from Principal Real Estate Investors for a 298,917-square-foot trophy office building in Washington, D. C....

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Pine Gate Starts Work on 101MW Solar Project in SC
News 2 months ago
Pine Gate Starts Work on 101MW Solar Project in SC
Source CP Executive

Utility-scale solar developer Pine Gate Renewables has started work on Bowman Solar, a 101-megawatt project located in Orangeburg County, S. C. The...

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The Missner Group Completes Build-Out at IL Office Campus
News 2 months ago
The Missner Group Completes Build-Out at IL Office Campus
Source CP Executive

The Missner Group has completed the build-out for Rockwell Automation Inc., at the Olympian Office Center in Lisle, Ill. Project Superintendent...

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Publicis Groupe Inks 1 MSF Lease at NYC Home
News 2 months ago
Publicis Groupe Inks 1 MSF Lease at NYC Home
Source CP Executive

Publicis Groupe has decided to stay put-and take on additional elbowroom-at its Manhattan home in the approximately 1.1 million square-foot office...

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Upstate NY Mall Changes Hands for $30M
News 2 months ago
Upstate NY Mall Changes Hands for $30M
Source CP Executive

Douglas Development Corp. has purchased a super-regional shopping mall in a suburb of Buffalo, N. Y., with plans to revitalize the struggling asset...

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CommonGrounds Workplace Opens 2 New Locations
News 2 months ago
CommonGrounds Workplace Opens 2 New Locations
Source CP Executive

CommonGrounds Workplace has opened two coworking office properties: CommonGrounds Minneapolis Skyway Workplace, a 27,478-square-foot flexible...

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California’s $1B Solar Incentives Target Affordable Housing
News 2 months ago
California’s $1B Solar Incentives Target Affordable Housing
Source CP Executive

A new California initiative is aiming to raise the profile of solar power in an underserved sector. Launched July 1, the Solar on Multifamily...

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Marcus Partners Sells East Coast Offices for $30M
News 2 months ago
Marcus Partners Sells East Coast Offices for $30M
Source CP Executive

Marcus Partners has sold its Westport, Conn., offices at 8 and 10 Wright St. to Waterway Capital for $30 million, following a $5 million interior...

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JV Buys Connecticut Office for $34M
News 2 months ago
JV Buys Connecticut Office for $34M
Source CP Executive

A joint venture between The Melohn Group and Drake Street Partners has acquired 181 Harbor Drive, a 91,040-square-foot Class A office building in...

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CBRE Secures $81M Minneapolis Office Sale
News 2 months ago
CBRE Secures $81M Minneapolis Office Sale
Source CP Executive

CBRE has secured the sale of 222 South Ninth Street, a 730,000-square-foot office tower in Minneapolis. The 42-story building will be rebranded as...

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Executive Compensation Trends
News 2 months ago
Executive Compensation Trends
Source CP Executive

FTI Consulting has recently released The Early 30-a look at compensation trends from the first 30 filed REIT proxy statements. The report provides...

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Siemens Gamesa to Repower 429MW Iowa Wind Farm
News 2 months ago
Siemens Gamesa to Repower 429MW Iowa Wind Farm
Source CP Executive

MidAmerican Energy Co. has selected Siemens Gamesa Renewable Energy as supplier and installer for the Rolling Hills wind power project-a 429...

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EDF’s Bluemex Power 1 Begins Commercial Operation
News 2 months ago
EDF’s Bluemex Power 1 Begins Commercial Operation
Source CP Executive

EDF Renewables Mexico's 120-megawatt peak Bluemex Power 1 solar project near Empalme, Mexico, has begun commercial operation. The facility is...

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Compass Datacenters Begins Construction of Phoenix Campus
News 2 months ago
Compass Datacenters Begins Construction of Phoenix Campus
Source CP Executive

Compass Datacenters has kicked off work for its first two data centers within its planned campus in the Phoenix suburb of Goodyear, Ariz....

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What to Expect From Deutsche Bank’s Reorganization?
News 2 months ago
What to Expect From Deutsche Bank’s Reorganization?
Source CP Executive

As news spread this week that Deutsche Bank was restructuring in the wake of years of losses, including cutting 18,000 jobs in Europe, Asia and the...

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Onni Group Acquires OC Complex for $97M
News 2 months ago
Onni Group Acquires OC Complex for $97M
Source CP Executive

Just weeks after Onni Group acquired a Los Angeles office campus, the firm purchased Ocean Plaza, a mixed-use office and retail complex in nearby...

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Ameresco Nearly Done with O&M Energy Upgrade at Island University
News 2 months ago
Ameresco Nearly Done with O&M Energy Upgrade at Island University
Source CP Executive

Renewable energy company Ameresco is nearing completion on an energy project at Texas A&M University Corpus Christi. The nearly $7 million energy...

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Savills Facilitates Lease Renewal for Chicago Architecture Firm
News 2 months ago
Savills Facilitates Lease Renewal for Chicago Architecture Firm
Source CP Executive

Skidmore, Owings & Merrill has inked a 55,988-square-foot, long-term lease restructuring and renewal at the 378,600-square-foot Railway Exchange...

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JLL Income Property Trust Pays $90M for San Diego MOB
News 2 months ago
JLL Income Property Trust Pays $90M for San Diego MOB
Source CP Executive

JLL Income Property Trust has acquired Genesee Plaza, a two-building medical office campus in San Diego. The acquisition closed at approximately ...

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BFIN Sells Office Campus in Houston for $90M
News 2 months ago
BFIN Sells Office Campus in Houston for $90M
Source CP Executive

Regent Properties has snapped up the half-empty Park Towers in Houston for $89.5 million. The Los Angeles-based real estate development and...

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Converted Brooklyn Creative Office Receives $205M Refi
News 2 months ago
Converted Brooklyn Creative Office Receives $205M Refi
Source CP Executive

A joint venture of Glacier Global Partners and Triangle Assets has received a $205 million floating-rate loan for the refinancing of 10 Jay Street...

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Primark to Opens First Store in the Midwest
News 2 months ago
Primark to Opens First Store in the Midwest
Source CP Executive

Fashion retailer Primark has chosen Chicago to open its first retail store in the Midwest. The company has leased the entire 45,000-square-foot...

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New York Life Insurance Buys $49M Portfolio
News 2 months ago
New York Life Insurance Buys $49M Portfolio
Source CP Executive

New York Life Insurance Co. has acquired an industrial portfolio in Greensboro, N. C., for $49.3 million from McConnell Center Associates. The 670...

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