Nicholas Ziegler
Vornado’s Latest D.C. Deal to Support More Focused Strategy
Vornado Realty Trust has entered into an agreement to acquire Washington, D.C.’s Executive Tower, an 11-story, 130,000-square-foot Class A trophy office building in which it already owns a 2.5 percent stake.
106 KSF Office Lease Signed at NYC’s 452 Fifth Ave.
Law firm Baker & McKenzie has inked a 15-year deal at 452 Fifth Ave., occupying seven floors of the trophy tower owned by IDB Group, for 105,803 square feet of space.
Skanska Begins Construction on LEED Platinum, 302 KSF Houston Office
Skanska will immediately begin construction on a Class A office building in Houston’s Uptown submarket that will be a 20-story, 302,000-square-foot podium design designed to LEED Platinum specifications.
Inside the November 2011 Issue
Browse a digital edition of the November 2011 issue of Commercial Property Executive, or pick from your favorite articles.
News Trend: Putting Employment Numbers in Context for CRE
Employment figures in the U.S. are up one month, down the next. What does it mean for the real estate industry and how will CRE be affected? By Nicholas Ziegler.
Versatile Veteran: Longtime CBRE Hand Mitch Rudin Takes Reins at Brookfield’s Office REIT
Mitch Rudin, formerly with CBRE, has taken over strategic oversight of a 50 million-square-foot national portfolio of trophy towers. What does the future hold at Brookfield? By Paul Rosta.
Gotham’s Full-City-Block, Four Building, $520M Groundbreaking in NYC
In one of the largest developments in New York City outside of the World Trade Center site, the Gotham Organization has begun construction on a $520 million residential project that will include more than 1,200 units and a school.
CoreNet Global: For Corporate Real Estate, the Future is Now
For the 1,800 professionals attending the CoreNet Global fall summit in Atlanta this week, the office of the 21st century is an ever-pressing concern and attendees examined the complex links between technology, generational preferences and the effective use of office space.
HFF Arranges $125M Financing for L.A. Office Portfolio
In the slowly expanding Los Angeles office market, Holliday Fenoglio Fowler has arranged a $124.9 million refi package for four office properties that total 543,162 square feet in Burbank and L.A.
Western National, Nor’Wood JV to Build 3 Colorado Multi-Family Projects
Counting on the strength of the Colorado Springs apartment market, a new joint venture of Western National Realty and Nor’Wood Development has announced plans to build three projects in the area beginning early next year.