Business Specialties
Taubman Debuts $500M Makeover of LA’s Beverly Center
The REIT has completed its reimagination of the upscale, 866,000-square-foot mall two years after commencing the project, which included the creation of destination dining.
JV Sells Seattle Office/Flex Park for $142M
SteelWave was both buyer and seller of the 17-building Canyon Park Business Center in Bothell, Wash., as joint ventures sat on each side of the table.
Paramount’s San Francisco Office Portfolio Earns LEED Platinum
The company is recognized for its environmental and operational standards at all three of its locations in the city, which total 2.9 million square feet.
A Nuanced Analysis of Phoenix’s Industrial Market Boom
With the metro boasting dynamic speculative industrial development, Lee & Associates Arizona Principal Chris McClurg explains why developers favor certain submarkets of the city.
Carr Properties Acquires Boston Office Asset
The real estate investment trust has purchased 200 State St., a 300,000-square-foot downtown office building, from GLL Real Estate Partners.
Greysteel Arranges Financing of Houston-Area Storage Asset
The firm’s Dallas-based office secured the interest only non-recourse bridge loan for the acquisition of a 572-unit facility located in Conroe, Texas.
Hilton Opens Energy-Saving Hotel in AL
The full-service development reduces energy use by 32 percent and water use by 35 percent. Looney & Associates designed the interior of the hotel.
Coworking Firm Expands San Antonio Lease
Venture X expanded its current Stone Oak location by 7,600 square feet in three phases, adding new lounge areas, conference rooms and private offices.
Pebblebrook Raises $1.8B for LaSalle Merger
Earlier in the year, LaSalle Hotel Properties had said yes to an all-cash offer from Blackstone, but the company later terminated the agreement in favor of the Pebblebrook bid.
Raleigh-Area Office Campus Fetches $69M
HFF, acting on behalf of Crescent Lakeside LLC, orchestrated the sale of Crescent Lakeside I & II, a 255,000-square-foot property in central North Carolina’s Research Triangle.