Business Specialties
JV Sheds Philly-Area Office Asset
Taconic Capital and Cohen Equities sold the 165,000-square-foot property in King of Prussia, Pa., which sits close to the country’s largest mall.
Aligned Energy Secures $495M Credit Facility
The data center provider intends to use the proceeds for further expansion and improvement of services on three existing facilities.
Kansas City Hotel Project Lands C-PACE Support
Upon completion in early 2021, the 153-key development will be the first Hyatt House in the metro.
Penn State, Lightsource BP Break Ground on 70MW Solar Project
Touted as the largest solar development in the state, the facility is set to incorporate environmentally conscious design elements.
Pebb Capital Buys Historic Delray Beach Property
The $40 million transaction includes a proposed mixed-use development dubbed Sundy Village, which is part of a Qualified Opportunity Zone.
Largest North American Floating Solar Array Completed
The lack of available land in Sayreville, N.J., led to the Hydrelio photovoltaic system’s selection.
Knotel Inks Another Manhattan Lease
The flexible office firm will occupy three floors at Moinian Group’s 217,534-square-foot office in the Gramercy Park submarket.
South Florida Shopping Center Sells for $18M
The 262,632-square-foot retail asset is 8 miles southwest of downtown Palm Bay. Institutional Property Advisors represented the seller and procured the buyer in the deal.
Kilroy Lands Major Tenant for San Francisco-Area Project
Startup firm Stripe plans to move its headquarters to the 656,000-square-foot Kilroy Oyster Point project in South San Francisco.
Making Your Multifamily Property Energy Efficient
Energy Trust of Oregon’s Kate Wellington offers strategies that boost the energy performance of apartment communities.