Business Specialties
Power Generation Feels Winds of Change
Renewable sources achieved a milestone this spring, and new projects could lead to a dramatic expansion of green power over the next several years.
Tenants Sound Off on Office Upkeep
Office workers have a lot of opinions when it comes to office maintenance and cleaning in the workplace. Here’s what they reported liking the most and the least.
Tampa Office Building Commands $52M
The Class A, 217,022-square-foot asset in the Westshore Business District underwent complete renovations worth $2.5 million in 2015. Cushman & Wakefield assisted the seller in the disposition.
Nuveen, Crescent Communities Buy Charlotte Office Tower
The joint venture acquired 101 North Tryon, a 546,878-square-foot property in the central business district that was renovated last year.
Strategic Real Estate Acquires NJ Office Complex
The company received a $53.6 million loan to purchase the more than 320,000-square-foot asset in Morristown. The building counts Travelers Insurance among its tenants.
Ventas Reveals $800M in Projects for Research & Innovation Business
The four university-related developments, totaling 1.3 million square feet in Pittsburgh, Philadelphia and St. Louis, are part of a $1.5 billion construction pipeline with Wexford Science & Technology.
Dallas Office Campus Changes Hands
The nearly 170,000-square-foot property is located across from the Dallas Midtown redevelopment site at the Valley View Mall, where two major mixed-use projects are planned.
Ares Management JV Buys Boston Office Property for $110M
The company has teamed up with Accordia Partners to acquire 2 Morrissey Blvd., a five-building campus offering 425,000 rentable square feet.
Cushman & Wakefield Brokers $36M Business Park Sale in Jacksonville
Senior Director Karl Johnston of the company’s Capital Markets Group, along with leasing representative Senior Vice President Mark Scott of Foundry Commercial, arranged the deal on behalf of the seller.
Courtyard by Marriott in Virginia Sells for $20M
Excel Group’s purchase of the 191-key Courtyard by Marriott Springfield marks the seventh major transaction for the company in the last year.