Gabriel Circiog
NGL Acquires Gavilon’s Energy Business for $890M
NGL Energy Partners LP recently announced it has completed the acquisition of all of the equity interests of Gavilon LLC, the diversified midstream energy business owned by funds managed by Ospraie Management, General Atlantic and Soros Fund Management.
Invel to Buy Stake in NBG Pangaea in Greece for $888M
Invel Real Estate Partners is set to acquire a 66 percent stake in NBG Pangaea Real Estate Investment Co. from the National Bank of Greece, making it the largest real estate transaction in the country.
Farmers Insurance Signs 10-Year Lease Extension for Olathe Office
Farmers Insurance recently announced, through The Kansas Department of Commerce, it has extended its lease for its national property claims division offices in Olathe.
Zurich North America Reveals Team to Develop and Design New North American Headquarters in Schaumburg
By Gabriel Circiog, Associate Editor Zurich North America recently announced it has entered into agreements with Clayco, Goettsch Partners and CannonDesign for the development and design of their North American headquarters in Schaumburg. “We want our new, state-of-the-art campus in Schaumburg to be a source of pride for both the community and our employees,” says […]
RiverRock Real Estate Group Awarded 630,000 SF Portfolio to Manage; ARA Reports Sale of Elliot Apartments
West Coast-based commercial real estate management and leasing firm RiverRock Real Estate Group recently announced that the firm has been awarded the management of a 630,000-square-foot portfolio by AEW Capital Management. The portfolio features office and industrial spaces in Denver and surrounding communities.
Ivanhoé Cambridge Adds 1.4 MSF of Office Space to West Loop Portfolio
Ivanhoé Cambridge recently announced that it has expanded its Chicago office portfolio by acquiring twin office buildings 10 and 120 South Riverside Plaza, in partnership with Callahan Capital Properties.
Cole Corporate Income Trust Inc. Acquires Five Corporate Properties
The private capital management business of Cole Real Estate Investments Inc., Cole Capital recently announced the acquisition of five single-tenant corporate properties by Cole Corporate Income Trust Inc. The combined price of the acquisitions, which includes two properties in San Jose, one in St. Louis, Houston and Colorado Springs was around $202.1 million.
Plan Approved for New $763M Minnesota Multi-Purpose Stadium
The Minnesota Sports Facilities Authority, in collaboration with the Minnesota Vikings, recently announced it has reached an agreement with Mortenson Construction on the Construction Management Plan for the new Minnesota Multi-Purpose Stadium. Together with the approval of the plan, a Guaranteed Maximum Price of $763 million that includes a letter of credit from the Vikings, for the project was also agreed.
Citizen Potawatomi Nation, Interior Department Approve Landmark Leasing Deal
The 25th of November 2013 has become a historic day as Secretary of the Interior Sally Jewell and Assistant Secretary of Indian Affairs Kevin K. Washburn joined Citizen Potawatomi Nation Chairman John Barrett and formally approved tribal leasing regulations.
Stahl Construction Completes $25M Project for Minnesota Army National Guard
Stahl Construction has recently announced the completion of work on the Minnesota Army National Guard Field Maintenance Shop at the Arden Hills Army Training Site.