Business Specialties
EDF’s Bluemex Power 1 Begins Commercial Operation
The $110 million solar farm has an annual generation capacity of 277 gigawatt-hours and is located near Empalme, Mexico.
World’s Largest Single-Site Solar Power Plant Begins Operations
Completed within less than two years, the solar project has a generating capacity of 1,177 megawatts, produced by 3.2 million solar panels.
Transwestern, C-III Capital Pay $60M for Phoenix Office
The joint venture paid cash for the 218,254-square-foot Class A mid-rise in the five-building Camelback Esplanade campus north of downtown.
Salt Lake City Metro Office Park Breaks Ground
Building 1 of the 540,000-square-foot development in Draper, south of Salt Lake City, is slated for completion early next year. The sustainable property will feature 60 electric car charging stations.
Despite Record Growth, CRE Industry Should Plan for Downturn
The economic expansion just became the longest in U.S. history, but now is the time to prepare for the next downturn, contends RCLCO Real Estate Advisors.
Denver-Area Hotel/Convention Center Lands $800M Refi
The loan package covers a potential expansion of the $795 million Gaylord Rockies Resort & Convention Center in Aurora, Colo., which opened in December 2018.
Starwood Capital JV Buys 650 KSF Office Campus
The company has teamed up with Trinity Capital Advisors and Vanderbilt Partners to acquire and renovate Park Point at Research Triangle Park in Raleigh, N.C.
Liberty Property Trust Sells Philly Office Asset for $99M
The University of Pennsylvania’s health system, the property’s sole tenant, bought the Center City tower in a reportedly record-breaking deal.
Conor Commercial Delivers IL Industrial Facility
The 265,550-square-foot North Avenue Commerce Center represents the largest commercial development in Winfield’s history. The project is expected to create some 280 jobs.
CareTrust Buys Idaho Skilled Nursing Facility
Cascadia of Nampa is the newest property part of tenant Cascadia Healthcare’s portfolio in the state, which totals 12 facilities.