Business Specialties
NYC’s 441 Ninth Ave. Lands Two New Owners, Makeover
A partnership between Cove Property Group and Baupost Group paid $330 million for the 423,000-square-foot building.
First Pier-Top Office Building Planned for DC
The 28,000-square-foot structure will be part of The Wharf, Hoffman-Madison Waterfront’s transformative, $2 billion mixed-use project.
Gemini Rosemont Grabs Suburban Seattle Office Park
The three-building, 480,400-square-foot campus last traded in 2004 for $134 million.
Hudson Pacific Expands Presence at Stanford Research Park
The company acquired a $150 million leasehold interest in Page Mill Hill, a five-building office campus located within Stanford Research Park in Palo Alto, Calif.
Heathrow Airport Taps Jacobs for Integrated Design Team
Pasadena-based Jacobs will join the team working on the expansion of Europe’s busiest business airport.
The Rationale Behind the Rate Hike
Fed Chair Janet Yellen characterized the rate hike as a “vote of confidence” in the strength and resiliency of the U.S. economy.
Westmount Realty Capital Sells Austin Office Portfolio
The Offices at Braker Center were 93 percent occupied at the time of the deal.
Angelo, Gordon Closes $850M Asia Realty Fund III
Angelo, Gordon & Co. has invested around $1.9 billion of equity in 58 real estate deals in Asia since 2005.
Balfour Beatty to Build Blackbaud High Tech Campus
Holder Properties selected Balfour Beatty Construction to construct a new Blackbaud Corp. campus in The Holy City.
InvenTrust Properties Welcomes New SVP
With more than 20 years of experience in financial and accounting, Adam Jaworski joins the company as senior vice president & chief accounting officer.