Nicholas Ziegler
Hines Gets World’s Highest LEED Platinum Rating in San Francisco
Hines took its building at 101 California St. in San Francisco from green to greenest, environmentally speaking, when its property was named to both LEED Platinum status and to the honor of having the highest score in the Existing Buildings category worldwide.
Capmark Sells Low-Income Housing Portfolio for $102.4M
Two weeks after having officially emerged from bankruptcy, Capmark has sold its collection of partnership interests and other assets associated with 287 properties encompassing 45,000 low- and moderate-income housing units to Hunt Cos. for $102.4 million.
Savanna, Feil’s $137M JV in Midtown NYC
Savanna and the Feil Organization have together acquired the 375,000-square-foot building known as 21 Penn Plaza — also known by the address of 360 W. 31st St. — for $137 million.
$73M for Two Shopping Centers Brokered by UCR
UCR Investment Sales has negotiated the sale of two retail centers for an aggregate $73 million: Caruth Plaza in Dallas and Midtowne Little Rock in Little Rock, Ark.
Economy Watch: Jobs Bill Sunk by Senate, Employment Trends Still Dropping
The Senate, in a procedural vote on Tuesday night, effectively killed Obama’s jobs bill. The Conference Board said that its Employment Trends Index decreased in September. And Slovakia’s parliament failed to approve an extension of the EU’s bailout fund.
USGBC: Steven Winter Talks Green
Past chairman of the board for the USGBC, Steven Winter, recalls the early days of the green movement before LEED.
Cushman Hires Five-Person Brokerage Firm in New Jersey
Cushman & Wakefield has snapped up a five-person office-brokerage team from Jones Lang LaSalle to help bolster its foothold in Central New Jersey. Paul Giannone will serve as executive vice president and will lead the group.
Clarion Spends $100M on 3 California Seniors-Housing Communities
Clarion Partners has just ponied up $100 million for three apartment complexes across California, adding 586 units to its portfolio of seniors-housing properties.
CommonWealth Buys One Shell Square in New Orleans for $102M
In the largest office transaction since Hurricane Katrina, CommonWealth REIT has purchased the 1.3 MSF One Shell Square in New Orleans from MetLife for $102 million.
Special Servicer Helios AMC Acquires The Situs Cos.
Helios AMC, the special-servicer sponsored by Ranieri Partners, and the global real estate advisory firm The Situs Cos. will join forces but will retain the Situs name.