Business Specialties
New Lab Building Coming to West Harlem
The LEED-certified, Class A property is adding life science space in a neighborhood that’s being fostered as the next big NYC destination for companies in the industry.
Will Manhattan’s Office Challenges Hit CMBS Assets?
Kroll Bond Rating Agency’s new report evaluates the exposure of $25.3 billion of Midtown Manhattan office assets to issues facing the submarket.
World’s First Winery to Earn LEED Silver for Entire Facility
The property, located in Garzón, Uruguay, features substantial energy capacity from wind and photovoltaic systems, as well as a green roof.
Gemini Rosemont Buys Silicon Valley Campus for $171M
The firm acquired a four-building office park in Santa Clara, Calif., from The Sobrato Organization. The 386,707-square-foot property is 100 percent leased.
Marriott International Opens Milwaukee Hotel
Operated as a Marriott franchise, the six-story, all-suite property includes 119 guestrooms, and is located near downtown Milwaukee and roughly 15 miles from Milwaukee Mitchell International Airport.
Chicago-Area Recreation Center Becomes Passive House Leader
Wight & Co. recently completed the Prairie Activity and Recreation Center in Plainfield, Ill., the first building of its kind constructed for PHIUS+ Source Zero certification.
Transwestern to Manage 1.2 MSF Atlanta Tower
After selecting Transwestern Commercial Services in 2017 to provide leasing duties for the downtown trophy building, owner Georgia-Pacific has expanded the partnership to include property management responsibilities.
Only Ripples Likely From Next CMBS Maturity Wave
A new Morningstar report indicates that relative to the last big surge of maturities, between 2015 and 2017, the upcoming one will see a higher rate of on-time payoffs.
WeWork Inks 200 KSF in NYC, DC Coworking Deals
The coworking giant announced it will lease out 111,000 square feet in a new premium office property near Capitol Hill, a day after unveiling a revenue-sharing partnership with RXR Realty at a Rockefeller Center property.
Newark Bids to Boost Energy Efficiency
The energy upgrade program covers 17 buildings in New Jersey’s largest city and will save the municipality an estimated $1 million a year.