Business Specialties
JV Buys Connecticut Office for $34M
Rubenstein Partners sold a 91,000-square-foot property, located within the six-building Shippan Landing waterfront office campus in Stamford. The asset serves as Vineyard Vines’ headquarters.
Power Strategies Run On Parallel Tracks
Despite widespread commitments to clean power by property operators and other stakeholders, the energy future is more complicated.
Midyear Update: States Make Major Moves
The flurry of energy-related measures enacted by states and cities during the first half of 2019 bring major implications for commercial properties. Here is a sampling.
Catalyst for Change
Passive House principles, net-zero energy operations and innovative materials will characterize a pair of ultra-sustainable neighboring buildings in the University District of Spokane, Wash.
California’s $1B Solar Incentives Target Affordable Housing
A new state initiative will provide $100 million in incentives annually for solar retrofitting. More than 3,500 properties comprising approximately 255,000 households will qualify.
Premier Workspaces Takes 2nd DC Office
Starting next month, the flexible space specialist will occupy a full floor at a Golden Triangle property owned by LaSalle Investment Management.
Appraisal District’s New Austin Office to Undergo Reno
TCAD acquired the building for nearly $9 million. Improvement work at 850 E. Anderson Lane is expected to commence later in November, with completion slated for May 2020.
Hospitality Sector Sees Sustainability as Key to Success
According to a new report by the Urban Land Institute, introducing green programs and features at hotels not only adds value to properties, it provides a competitive edge.
Major Dallas Mixed-Use Secures $108M Financing
Scheduled for completion in November 2021, Weir’s Plaza is 65 percent preleased to major companies such as anchor tenant Kirkland & Ellis and coworking giant WeWork.
Everest Re Leases 315 KSF in Northern New Jersey
The reinsurance firm will relocate its U.S. headquarters to the Warren Corporate Center. Citigroup is currently in the process of moving out.