Business Specialties
Solar Projects Light Up Penn State
The 70-megawatt project will match the size of Pennsylvania’s largest current solar installation when completed in 2020.
STC Management Buys Anaheim Mixed-Use Property for $80M
CBRE arranged the sale of Anaheim GardenWalk, a 430,000-square-foot, open-air retail destination that is located within walking distance of Disneyland Resort.
Starwood Capital, LeFrak Sell Miami Hotel for $610M
A new owner is on board at 1 Hotel South Beach, a landmark 429-key luxury property which underwent a multimillion-dollar transformation in 2015.
TransPerfect Relocates Global HQ to Manhattan’s Nomad Tower
The company signed a long-term lease with Global Holdings Management Group, which has owned the Midtown South trophy high-rise since late 2016.
NJ’s New Generation of Workspaces
Michael Sommer, executive vice president at Edison Properties, reveals how one of the largest office projects underway in Newark, N.J., acts as a catalyst for the revitalization of the area’s office space inventory and more.
CRE Market Conditions: It’s a Flat World
Little near-term change is expected for commercial real estate markets globally, in either investor sentiment or tenant demand, according to the latest RICS survey.
Industrial Market: Still Going Strong
Despite approximately 1 billion square feet of new space coming to the market over the last three years, demand continues to drive rent growth, Transwestern reports.
Denver-Area Office Asset Sells for $18M
The seller, City Office REIT, had purchased the three buildings totaling nearly 200,000 square feet in mid-2014 for more than $25 million.
Audi, E.ON to Build Europe’s Largest PV Rooftop System
The solar array will span across more than 1.7 million square feet on the roofs of two logistics center Audi has in Győr, Hungary.
National Grid Awaits Approval of Revolution Wind Agreement
The project is more than 13 times the size of the 30-megawatt Block Island Wind Farm, the country’s first offshore wind farm.