Business Specialties
Industrial Realty Buys IBM’s 1.3 MSF Minnesota Campus
The commercial and industrial real estate investor plans to bring new tenants to the 490-acre property, where IBM will continue to occupy several buildings and, ultimately, a mixed-use development will take shape.
Two Equity Commonwealth Office Assets Fetch $670M
In separate deals, the company has closed on the disposition of both 600 W. Chicago Ave. in Chicago and 1600 Market St. in Philadelphia.
150 KSF Denver Office Project Breaks Ground
Goff Capital Partners’ Platte Fifteen, planned to encompass roughly 136,000 square feet of office space above street-level retail, is anticipated to open in fall 2019.
EverWest Disposes of Denver-Area Mixed-Use Asset
HFF has facilitated the sale of the Louisville office and retail center located 23 miles north of the metro core.
The Luxury Collection Hotels Debuts in Panama
The Santa Maria is a Luxury Collection Hotel & Golf Resort featuring 182 keys, a 72-par golf course and two on-site restaurants.
Kiddar Capital Nabs Suburban DC Development Site
The nearly five-acre parcel, currently home to a 135,000-square-foot office building, will be the landing site of a new metro station.
Feil Organization Inks 70 KSF NYC Office Lease
Cornell University will lease space on four floors at 570 Lexington Ave., totaling 15 percent of the building’s total gross leasable area and bringing the asset’s occupancy to 96 percent.
LakePharma Buys 69 KSF Building in MA
The property is located in Hopkinton, 35 miles east of downtown Boston. LakePharma will remodel the existing infrastructure to accommodate its manufacturing needs.
Four Seasons B’more Lands New Manager
As a recently appointed regional vice president, Ilse Harley will also hold additional responsibilities for Atlanta, Miami. St. Louis and Baltimore hotels.
ESRT Signs Full-Floor Lease at Manhattan High-Rise
The firm’s high-rise features more than half a million square feet of office space above nearly 20,000 square feet of street-level retail.