Business Specialties
VA Breaks Ground on New Orleans Hospital Designed for Future Katrinas
Five years after Hurricane Katrina, New Orleans is still reeling from the devastation wrought by the disaster, but a massive federal project aims to make a major contribution to the recovery.
Pfizer’s 700,000-SF Space Floats General Dynamics’ Boat
General Dynamics’ fast-growing Electric Boat divison snapped up a 700,000-square-foot compound in New London, Conn., that Pfizer Inc. is departing.
PriceWaterhouseCoopers: Investors Want High Quality Assets But Pickings are Slim
The money is out there, but it doesn’t have a lot of places to go.
NeoCon 2010: Overcoming Barriers to Green Building
All too often green building is impeded by finger-pointing and adversarial relationships between building owners and their tenants.
Vulcan Enters Phoenix Market Via $35M Acquisition
The eight-story, 260,000-square-foot Tempe Gateway building was completed in 2009 and developed by Opus West. It includes ground-floor retail space and a new parking structure with more than 1,000 spaces, as well as 30,000-square-foot floor plates for a range of tenants.
Duke to Take JV Partner’s Interest in 20.8M-SF Industrial Portfolio for $298M
Duke Realty Corp., acting through its operating partnership, Duke Realty L.P., is about to become the sole owner of Dugan Realty L.L.C., a joint venture between the Indianapolis, Ind.-based company and an institutional real estate investor.
Sperry Van Ness Partners with AuctionPoint, Enhances Online Services
The partnership will allow Sperry Van Ness to offer property-specific online auction websites complete with property details, pictures and due diligence materials.
700,000-SF Connecticut Multi-Family Project Takes Green to New Heights with Fuel Cell Installation
Becker + Becker, developer of the 700,000-square-foot mixed-use 360 State Street residential project in New Haven, Conn., has just broken new ground with the installation of a 400-kilowatt fuel cell at the $180 million development, marking the world’s first large-scale residential installation of a fuel cell.
Digital Realty Bolsters Datacenter Portfolio by Nearly 1M SF to the Tune of $725M
The portfolio’s properties are located in San Francisco, El Segundo, Calif., Oakland, Calif., Chandler, Az., and Chantilly, Va.
Feds Continue Construction Frenzy, Selecting CDM for $500M Design-Build Contract
CDM will have its hands full over the next several years. The indefinite delivery, indefinite quantity contract calls for the firm to supply design-build services for a variety of development endeavors to both USCG and the U.S. Department of Homeland Security.