Business Specialties
Starwood Capital Group to Sell 14 UK Hotels for $1B
Foncière des Régions will acquire the 2,638-key portfolio, which consists of four- and five-star properties in major cities in England, Scotland and Wales.
California Military Department’s $135M HQ Breaks Ground
Walsh Construction Co. II and Stantec have teamed up to build the 285,000-square-foot, zero-net energy campus in Rancho Cordova, near Sacramento.
Workplace Design: Space Standards Are Critical Focus Areas
Principal Dan Perruzzi of Boston-based Margulies Perruzzi Architects shared his view on sustainable office design in an interview with CPE. The company has roughly three decades of experience in designing energy-efficient working spaces.
Florida Medical Center Gets $229M Facelift
Skanska USA is working on behalf of Lee Health to expand the Gulf Coast Medical Center in Fort Myers by 365,700 square feet and renovate another 48,500 square feet of space.
Scottsdale Plaza Resort in AZ Receives $64M Refinancing
The property’s owners will use the proceeds to retire an existing $57.2 million CMBS loan from JPMorgan Chase, which they secured in 2006.
Knoll Moves to Fulton Market
The company will occupy the entire sixth and seventh floors and part of the fifth floor in the building, or a total of 24,000 square feet of showroom and office space.
T5 Adds Second Data Center in Atlanta
The new facility will deliver an initial 10 megawatts of critical power load, with a possibility to expand to more than 20 megawatts in the future, according to tenants’ needs.
NJ Industrial Facility Lands $37M Loan
HFF arranged the 15-year, fixed-rate loan with Allianz Real Estate of America, working on behalf of Bhasin Properties. The asset is situated in Secaucus and comprises 240,317 square feet.
Friedman Arranges Sale of 35 KSF Michigan MOB
Located at 43494 Woodward Ave. in Bloomfield Hills, Mich., the property is currently occupied by The Grunberger Diabetes Institute.
Recently Completed East Dallas Warehouse Lands Tenant
A Franklin, Mass.-based company specialized in warehousing, transportation, distribution and fulfillment solutions leased more than 100,000 square feet in Garland, Texas.