Business Specialties

Netflix Takes 100 KSF in Manhattan

The company will house 127 new positions, alongside 32 current employees, in a Flatiron District building owned by Normandy Real Estate Partners.

Investors Still Cautious After Brexit Delay

Commercial real estate executives say capital is still flowing into London and the U.K., particularly for those making long-term plays, but the recent decision to postpone Brexit is keeping some on the sidelines for now.

Mitchell Asset Group Completes, Sells NV Health-Care Center

The asset is part of a busy medical community along Vista Boulevard in Sparks and is fully leased to DaVita Kidney Care center.

Meridian Design Kicks Off St. Louis-Area Industrial Project

The company is developing the speculative building on a 135-acre parcel within Gateway Commerce Center on behalf of Exeter Property Group.

Jackson-Shaw, LaPour Partners Kick Off Metro Phoenix Industrial Project

The joint venture is developing Parc Germann, a new 224,471-square-foot, two-building industrial property in Chandler, Ariz. The facility is expected to open this year.

SL Green Signs Anchor Tenant Near Hudson Yards

The REIT scored its first success with a 92-year-old office building that it’s under contract to buy. First Republic Bank will occupy some 211,000 square feet at the property.

1545 26th St. Image courtesy of NKF

Newmark Knight Frank Completes Santa Monica Creative Office Sale

Following a capital improvement program in 2014 that included building system upgrades, Prototype Industries sold the three-story boutique property for $16 million.

NJ Manufacturer Switches to Solar Energy

Estimates show that over the first year, the projected energy savings will be equivalent to the annual electricity usage of 78 households.

Apple Exceeds Green Goals by Enrolling Suppliers

In 2018, the partnerships with its suppliers generated clean energy that roughly equaled the electricity needed to power more than 600,000 homes in the U. S.

5 Reasons Owners Should Take the Lead on Submetering

Improved building performance and financial benefits will result from the effort, contends a new study by the Institute for Market Transformation.