Business Specialties
Salesforce.com Pays $278M to Develop 2 MSF San Francisco HQ
The enterprise cloud computing company has just closed its purchase of 14 acres in the Mission Bay neighborhood.
AOL to Pocket $144.5M from CB Richard Ellis Deal
The Internet services provider will sell its 700,000-square-foot Pacific Corporate Park as well as 22 acres of developable land.
Government Takes LEED Certification Commitment Up a Notch
In an ongoing effort, dictated by President Obama to increase the federal government’s environmental friendliness, the U.S. General Services Administration has raised the sustainability standard for new government-owned real estate by pushing up the minimum requirement for all new building construction from LEED Silver to LEED Gold.
Novartis to Shell Out $600M for Cambridge Research Headquarters Expansion
Cambridge, Massachusetts’ biggest employer is about to get even bigger.
DPR Breaks Ground on 230,000-SF Alta Bates Patient Care Pavilion in Oakland
Slated for completion in early 2014, the $350 million building will house 238 medical/surgical and acute rehabilitation beds.
Cancer Claims Liberty’s Gildea
Gildea died at the age of 59 after receiving yearlong treatment for lung cancer.
In a Flash, Sares-Regis Lands Beer Distributor for 280,000-SF Anaheim Industrial Building
Just three months after acquiring the distribution center, Sares-Regis Group has filled the formerly vacant building in one fell swoop.
Environmental Impact Statement Advances $1B Mixed-Use Compound in Hawaii
DW ‘Aina Le’a Development L.L.C., developer of the $1 billion The Villages of ‘Aina Le’a on the South Kohala Coast in Hawaii, can rest easy now that the County of Hawaii Planning Department has accepted the final Environmental Impact Statement for the master-planned community.
Bulgarian Experience: Tishman International Builds at Sofia Airport
Tishman International Cos. chairman Alan Levy takes CPE senior editor Paul Rosta behind the scenes of the development of Sofia Airport Center.
Douglas Emmett Snags Premier 310,100-SF Los Angeles Office Property for $111M
Approximately one month after a bankruptcy court gave the green light for Douglas Emmett Inc. to acquire the 310,000-square-foot Wilshire Bundy Plaza in West Los Angeles, the deal is now done.