Business Specialties
Skanska Pitches In for $93M Cincinnati School Project
The project includes two new replacement schools, a 204,000-square-foot elementary school and a 236,000-square-foot middle and high school, both seeking a minimum LEED Silver certification.
Gramercy Lands $400M Syndicated Term Loan
Capital One also was the sole lead arranger, sole book runner and administrative agent. The loan has replaced a previous $175 million term loan that was closed in December 2015.
NJ General Mills Plant Trades for $5M
The 580,000-square-foot industrial asset previously served as a Progresso soup plant. It will allow F&S Produce Co. to expand and increase its production capacity.
First Tenant at Boston’s 121 Seaport Signs for 250 KSF
Cresa Boston secured the space on behalf of tenant PTC, which will set up its new global headquarters in the 480,000-square-foot tower currently under development by Skanska US.
$1B University of Oregon Science Campus Unveiled
The project is being designed by Bora Architects and Ennead Architects. Groundbreaking on the $225 million, 160,000-square-foot first phase is scheduled for early February 2018.
Austin Luxury Resort & Spa to Undergo $150M Renovation, Expansion
The signature feature of the project will be the addition of a new resort tower with 180 luxury guest rooms and suites flaunting floor-to-ceiling windows overlooking Hill Country.
vXchnge Acquires 100 KSF Data Center in Austin
The facility is currently doubling its capacity and upon completion, it will provide 26 megawatts of power. The property offers convenient access to the Texas Triangle.
Frisbie Group Picks Up Palm Beach Office Asset
Located on the “Rodeo Drive of Florida”, the boutique property is home to a mix of notable tenants including The Neiman Marcus Group, Branch Banking and Trust Co., UBS and Ferretti Group.
Armada Hoffler Initiates Phase VI of VA Development
Town Center, an ongoing partnership between Armada Hoffler Properties and the City of Virginia Beach, has seen more than $560 million in public and private funding. Phase VI brings two national retailers, as well as additional restaurants and apartments.
New 300 KSF DEWALT Plant to Open in Texas
The industrial facility will support roughly 450 new jobs in the area and is expected to begin operations in 2018.