Business Specialties
Lendlease Chicago Office Awarded Several Green Certifications
The company’s new location landed LEED Silver certification under USGBC’s LEED v4, and became the first 3 Star Fitwel-certified building in the city.
Retail Property in Luxe Ski Town Trades for $28M
Florida-based Consolidated-Tomoka’s acquisition of an Aspen, Colo., property coincided with the execution of a 20-year, triple-net master lease.
Choice Hotels Brings Cambria to Southwest DC
Located in the Buzzard Point neighborhood of Washington, D.C., Cambria Hotel Southwest D.C. will features 154 keys and is slated for completion in 2020.
Level 3 Construction Completes LA Hotel Renovation
Holiday Inn Express West Los Angeles has undergone a $4 million renovation and was remodeled to fit the new Formula Blue design.
JV Secures $30M for Chicago Mixed-Use Project
Pangea Mortgage Capital and T2 Capital Management worked on behalf of UrbanStreet Group and VennPoint Real Estate to arrange financing for the 225-acre master-planned development at the Motorola Solutions former campus.
JLL Arranges Orlando Retail Lease
Taco Bell introduces its first “Cantina” concept at the Plaza on University in Orlando, Fla. The concept features shareable menu items and digital screens.
Meridian Completes San Francisco MOB Construction
Situated in the Valley’s medical corridor, the 10,000-square-foot property was built in six months. Harriman Kinyon Architects designed the building.
Industrial Realty Buys IBM’s 1.3 MSF Minnesota Campus
The commercial and industrial real estate investor plans to bring new tenants to the 490-acre property, where IBM will continue to occupy several buildings and, ultimately, a mixed-use development will take shape.
Two Equity Commonwealth Office Assets Fetch $670M
In separate deals, the company has closed on the disposition of both 600 W. Chicago Ave. in Chicago and 1600 Market St. in Philadelphia.
150 KSF Denver Office Project Breaks Ground
Goff Capital Partners’ Platte Fifteen, planned to encompass roughly 136,000 square feet of office space above street-level retail, is anticipated to open in fall 2019.