Business Specialties
Holloway Lodging Buys 3 Vacant Houston Office Buildings
The assets changed hands for a combined $13.2 million. BH Properties sold two buildings totaling some 235,000 square feet, while Stream Realty Partners traded a 198,000-square-foot property.
FPL Begins Construction on 745MW Solar Projects
The 10 74.5-megawatt solar developments will increase the utility provider’s installed capacity by 60 percent and boost the company’s total solar capacity to 2 gigawatts.
Beacon Capital Makes $600M Sale-Leaseback Deal
An affiliate will buy the San Francisco headquarters of Zynga, the online gaming company, which will then lease about one-quarter of the Class A property.
NYC Asset Lands $900M Refinancing
Stellar Management secured the financing for One Soho Square, a Class A office and retail asset in Manhattan the company purchased in 2012.
How Fighting Climate Change Can Increase Profits
Carbon Lighthouse CEO Brenden Millstein shares insights on efficient operations and what will power the energy sector in the years to come.
Easterly Government Properties Buys FBI’s New Orleans Office
The 137,679-square-foot building, which houses the government agency’s field office in New Orleans, was built for the FBI 20 years ago.
Trammell Crow Signs Law Firm for California Office Project
Rutan & Tucker will move into The Boardwalk, a 550,000-square-foot Class A project that the company owns in Irvine, Calif.
Amazon-Leased Logistics Hub Completed in Phoenix
Graycor delivered the roughly 569,000-square-foot, Class A facility that the e-commerce giant will use as a fulfillment center. The building is part of a master-planned bulk distribution park.
Economic View: Why You Should Watch the Yield Curve
Some key economic indicators show continued strength, but there is more to the story. Trends in the yield curve appear to presage leaner times ahead, advises Hugh Kelly, the veteran real estate economist and CPE columnist.
Office Hoteling Best Practices
Office hoteling best practices recommend doing away with walls in order to encourage collaboration, but employees have trouble tuning out the noise all around them. Can unassigned seating really solve the problems created by open plan?