Business Specialties
Government Takes LEED Certification Commitment Up a Notch
In an ongoing effort, dictated by President Obama to increase the federal government’s environmental friendliness, the U.S. General Services Administration has raised the sustainability standard for new government-owned real estate by pushing up the minimum requirement for all new building construction from LEED Silver to LEED Gold.
AMB Leases 127,000 SF of Mexican Development Portfolio
The space is located at the AMB Los Altos Industrial Park in Guadalajara.
Novartis to Shell Out $600M for Cambridge Research Headquarters Expansion
Cambridge, Massachusetts’ biggest employer is about to get even bigger.
DPR Breaks Ground on 230,000-SF Alta Bates Patient Care Pavilion in Oakland
Slated for completion in early 2014, the $350 million building will house 238 medical/surgical and acute rehabilitation beds.
McCall & Almy Arranges 280,000-SF Boston Lease
The space will serve as MFS Investment Management’s world headquarters.
Cancer Claims Liberty’s Gildea
Gildea died at the age of 59 after receiving yearlong treatment for lung cancer.
In a Flash, Sares-Regis Lands Beer Distributor for 280,000-SF Anaheim Industrial Building
Just three months after acquiring the distribution center, Sares-Regis Group has filled the formerly vacant building in one fell swoop.
Environmental Impact Statement Advances $1B Mixed-Use Compound in Hawaii
DW ‘Aina Le’a Development L.L.C., developer of the $1 billion The Villages of ‘Aina Le’a on the South Kohala Coast in Hawaii, can rest easy now that the County of Hawaii Planning Department has accepted the final Environmental Impact Statement for the master-planned community.
Economy Watch: Failed Bank Total in ’10 Nearly Equals Total in ’09
This year’s number of busted banks, 139, is now almost equal to last year’s total of 140–with more than two months left to go.
CBRE Inks 374,100-SF Warehouse Lease Renewal for Newegg
Newegg will use the space as its warehouse and distribution headquarters for the Northeast.