Business Specialties
Savills Facilitates Lease Renewal for Chicago Architecture Firm
Robert Sevim, Eric Feinberg and Joe Learner worked on behalf of Skidmore, Owings & Merrill, while JLL represented the landlord. SOM occupies three floors in the Railway Exchange Building.
Premier NJ Office Building Sells for $36M
Hartz Mountain Industries disposed of the 118,000-square-foot property. The American subsidiary of a Japanese pharmaceutical company occupies the three-story asset.
Ameresco Nearly Done With O&M Energy Upgrade at Island University
The ESPC energy conservation measures for the project are expected to generate nearly $500,000 in annual savings at the campuses.
Mixed-Use Development Opens in Suburban Kansas City
Developed by a Copaken Brooks joint venture, The District at City Center Lenexa includes 30,000 square feet of retail space, 175 apartments and 45,000 square feet of office space.
Q&A: JLL’s Ulbrich on HFF Buy and Beyond
Christian Ulbrich sets the stage for JLL after its acquisition of HFF and shares his expectations for the capital markets in the context of a possible economic slowdown.
JV Acquires Raleigh-Area Power Center for $53M
Collett Capital and Long Warf Capital purchased the 321,000-square-foot retail asset. HFF arranged acquisition financing on behalf of the borrower, which plans to upgrade the property.
“Darth Vader Building” in Downtown WPB Sells for $98M
CBRE brokered the sale of the Class A, 294,000-square-foot office tower that last traded in 2016. Northbridge Centre underwent complete renovations worth $15 million.
Google Breaks Ground on $600M Las Vegas Data Center
The search engine giant is building the 750,000-square-foot facility in Henderson on 64 acres purchased in early 2018.
Investcorp JV Sells Seattle Office Tower for $305M
The Bahrain-based firm, along with Schnitzer West, sold the Class A asset in the city center to Vanbarton Group after three years of ownership. The 41-story building is fully occupied.
Luxury Hotel Joins New Rochelle’s Renewal
The $64 million TRYP by Wyndham is part of the city’s 12 million-square-foot revitalization and will be the largest hotel built in Westchester County, N.Y., in two decades.