Business Specialties
Airport-Area Office Project Kicks Off in Dallas
Staubach Capital provided equity, while First United Bank originated debt financing for the two-building development, which is slated for completion in 2020.
Lendlease to Lead Google’s $15B San Francisco Bay Project
The Australian developer will spearhead the transformation of the tech trailblazer’s land holdings into three live-work-play communities. The properties will include office space, hotel accommodations, retail options and thousands of homes.
South Florida Retail Asset Commands Royal Price
InvenTrust Properties Corp. paid $97 million for a Costco-anchored shopping center in Royal Palm Beach. CBRE negotiated the deal on behalf of the seller.
Nation’s Largest Offshore Wind Agreement Winners
Empire Wind and Sunrise Wind development projects of Equinor, as well as Bay State Wind—a joint venture of Ørsted and Eversource Energy—are slated for completion by 2024.
JV Buys Connecticut Office for $34M
Rubenstein Partners sold a 91,000-square-foot property, located within the six-building Shippan Landing waterfront office campus in Stamford. The asset serves as Vineyard Vines’ headquarters.
Power Strategies Run On Parallel Tracks
Despite widespread commitments to clean power by property operators and other stakeholders, the energy future is more complicated.
Midyear Update: States Make Major Moves
The flurry of energy-related measures enacted by states and cities during the first half of 2019 bring major implications for commercial properties. Here is a sampling.
Catalyst for Change
Passive House principles, net-zero energy operations and innovative materials will characterize a pair of ultra-sustainable neighboring buildings in the University District of Spokane, Wash.
California’s $1B Solar Incentives Target Affordable Housing
A new state initiative will provide $100 million in incentives annually for solar retrofitting. More than 3,500 properties comprising approximately 255,000 households will qualify.
Premier Workspaces Takes 2nd DC Office
Starting next month, the flexible space specialist will occupy a full floor at a Golden Triangle property owned by LaSalle Investment Management.