Business Specialties
Triple-Play Project Shows Glimpse of Generation’s Future
A 700-megawatt Oklahoma facility will be the largest in North America to unite wind and solar sources with storage capacity.
Record-Setting Data Center Goes Off the Grid
Kingman, Ariz., will host the nation’s largest solar-powered data center, which will consist of 350 shipping containers encircled by 1,600 solar-panel-topped trailers.
Henley Investments Picks Up Miami Beach Hotel
The company again teamed up with tech-oriented hotel manager Life House for the duo’s fourth and largest hospitality purchase in metro Miami.
MCA Realty Makes $42M Industrial Buy in Las Vegas
The Equus Business Center, a multi-tenant industrial property about a mile from the Las Vegas Strip, will be rebranded as Central Seven Commerce Center.
ASB Real Estate Buys Inland Empire Industrial Asset for $124M
The company acquired the 1.4 million-square-foot Columbia Business Park development in Riverside, Calif., from a client of Washington Capital Management Inc.
Historic New Orleans Hotel Lands $46M Refi
The refinancing for the hotel in New Orleans’ French Quarter will be used to pay off debt and renovate the property.
IPO Filing Reveals Costs of WeWork’s Growth Spree
The flexible office giant’s parent firm revealed that the company lost more than $900 million in the first six months of 2019, while revenue doubled to $1.54 billion.
San Diego-Area Industrial Asset Sells for $7M
Cushman & Wakefield arranged the transaction of the 40,831-square-foot facility on behalf of the seller. The buyer was self-represented in the deal.
Pharma Firm Expands HQ at Metro Miami Office Campus
Biotest Pharmaceuticals Corp. will occupy more than 29,000 square feet at the business park, owned by PG Mainstreet North Forty LLC.
Brookfield Properties Redevelops Top Floors of Iconic Chicago Building
The last six floors of the former Marshall Field and Company building and current home of Macy’s will be turned into modern office space by 2020.