Business Specialties
Forest City’s Cleveland HQ Is Complete
Vocon designed the 110,000-square-foot downtown office that the real estate company leased last year, allowing the tenant to reduce its footprint by 40 percent.
Thor Equities Sells London Office Asset for $64M
The firm purchased the property in 2017 and refurbished its facade. The six-story building comprises a little more than 25,000 square feet.
Ares Sells $270M Stake in Denver-Area Hotel Project
Joint venture partners Ryman Hospitality Properties and RIDA Development acquired the alternative asset manager’s interest in the $824 million Gaylord Rockies Resort & Convention Center development.
PEG Cos. Buys Multi-State Marriott Portfolio
The roughly $130 million deal encompasses more than 1,000 guestrooms in eight states. Cantor Commercial Real Estate provided the acquisition financing.
World’s Largest Offshore Wind Farm Begins Operation
Ørsted and two Danish pension funds—PKA and PFA—share ownership of Walney Extension, the 659-megawatt project located off the coast of England.
Convene Expands Manhattan Footprint
The flexible workplace and amenity services company signed a 116,000-square-foot lease in Midtown with RXR Realty. Convene now has 20 offices in New York City.
Hines Re-Certifies LEED Platinum Asset
The office property is the only one in Arizona to earn the top rating for existing building operations.
Landsea Homes Relocates HQ to Newport Center
The company leased a total of 10,671 square feet of office space in Newport Beach, Calif., around 15 miles from its former office in Irvine.
Public Storage Buys SC Facility
The company added a 54,000-square-foot property to its portfolio. The asset is located in Summerville, around 25 miles from downtown Charleston.
Chicago Loft Office Building Commands Near-Record Price
Marcus & Millichap represented the seller of the four-story West Loop property, which traded for 13.1 million or $436 per square foot.