Business Specialties

Union Square L.L.C. Receives $400M in Loan Refinancing for Seattle Skyscrapers

Union Square L.L.C., owned by Washington Real Estate Holdings and a major pension fund investor, received $400 million in refinancing for Union Square, two office buildings in Seattle.

Rosemont Takes Denver WTC for $176M

Rosemont Realty pushes its presence in the metropolitan Denver market by 770,200 square feet with the acquisition of the Denver World Trade Center.

NCC to Build $60M Housing at the Port of Copenhagen

Leading construction and development company NCC has been named turn-key contractor for an approximately $60 million project in the Port of Copenhagen. The development is part of the new Nordhavnen city district.

Innovative Student Housing, Harrison Street Acquire Student Housing in Georgia

Innovative Student Housing and Harrison Street Real Estate Capital formed a JV to acquire College Station at Valdosta, a student housing property less than one mile from Valdosta State University in Valdosta, Ga.

MGM Details Arena-Centered Entertainment District in Vegas

There’s going to be a lot of action on the stretch between MGM Resorts International’s New York-New York and Monte Carlo casino-resort properties along the Las Vegas Strip.

Beneficial Bank Inks 15-Year Lease in Philly High-Rise

Beneficial Bank, the oldest bank in Philadelphia, has signed a 15-year lease at 1818 Market St., taking four floors and 95,764 square feet in the million-square-foot high-rise owned by Sovereign Capital Management Group.

MTA Picks Transwestern to Manage 2 MSF NYC Portfolio

Transwestern will manage a 2 million-square-foot portfolio in the New York City region, including 2 Broadway in Manhattan, for the Metropolitan Transportation Authority.

Wooden Skyscrapers: A New Level of Sustainability?

Michael Charters’ wooden skyscraper, which won honorable mention in eVolo’s 2013 Skyscraper Competition, takes sustainable development to a new level.

Green Measures

Sustainability expert Tom Paladino evaluates progress toward the new industry standard.

Hollister Breaks Ground on Newest Addition to Teachers Village in Newark

Teachers Village, an education-centric mixed-use project in Newark, N.J., graduates to a new level with the groundbreaking on another residential building that will grace the $150 million development.