Business Specialties
Skanska Invests $35M in Budapest Office Campus
Construction on the third phase of Nordic Light, a 150,000-square-foot complex, has begun. The building is scheduled for completion by the second quarter of 2020.
CLEAR Moves to EQ Office’s Park Avenue Tower
The tech company signed a 10-year lease at the Plaza District location and will occupy the entire 17th floor until the end of the year.
Meridian Sells CA Medical Office Building
The buyer, a Fremont-based family office, completed the purchase through a 1031 exchange. The asset is located in Oakland.
Largest LEED-Certified Office Buildings in the US
When combining size and sustainability features in office properties across the U.S., San Antonio, New York and Chicago hold the top spots.
Fully Leased Houston Manufacturing Facility Changes Hands
Hines sold the nine-building property located within the 650-acre Greens Port Industrial Park, with Stan Johnson Co. brokering the transaction.
Azul to Manage 1,600-Key Pinnacle Hotel Portfolio
Under a long-term contract, the hospitality services provider will oversee eight properties in Southern California and Texas, relieving the owner from the task.
MCR Opens New Courtyard by Marriott in Northern Virginia
CEO Tyler Morse admits the company chose to build the 187-key hotel in Herndon, close to Dulles International Airport, in case Amazon chooses the area for its coveted HQ2.
The Ups and Downs of Power Costs
The impact of tax cuts could help utilities hold the line and offset capital costs.
Energy Star’s Higher Bar
Many properties now fall short of stringent new standards. Experts offer tips for making the grade.
Chattanooga Retail Asset Changes Hands
Six Pines Realty, owner of the grocery-anchored shopping center, sold the 86,000-square-foot property for more than $18 million to Publix.