Business Specialties
Iconic Waterside District Opens in Virginia
Following a $40 million investment, The Cordish Cos. and the city of Norfolk opened the Waterside District. The property is located along the Elizabeth River in downtown Norfolk.
McLaren Joins Formula E on Brooklyn Racetrack
The site will be prepared for the event through a series of temporary and permanent enhancements ranging from barriers and security fences to gangways and sidewalks. The New York City Economic Development Corp. and The Port Authority of New York and New Jersey are also part of the group behind the project.
Update: Boston Biotech Facility Lands $135M in Financing
The new property, dubbed 828 Winter St., will consist of a three-story, 144,910-square-foot, Class A lab/biotech building with a four-level parking garage.
Covington Lands 800 KSF Industrial Portfolio
The Dallas-based company purchased a 500,625-square-foot warehouse and distribution facility in Columbus, Ohio, and a 300,000-square-foot facility in Baltimore. The buyer plans to make improvements to the buildings.
CPE’s Top 5 May 2017 Articles
Miss out on any CPE stories in May? Here are five of our most popular articles for the month, including a report on the highest taxed buildings in America and news on a massive live-work-play community underway from Hines.
What to Consider When Subleasing Office Space
Ray Triana of Manatt, Phelps & Phillips, who specializes in legal advisement on finance, development and leasing, examines the risks and considerations that must be taken into account by involved parties before entering into a sublease.
Orlando Hotel Commands $206M
Xenia Hotels & Resorts Inc. snagged the valuable Hyatt asset in the heart of the top destination for U.S. tourism and job growth.
85 Broad St. in Manhattan Gets 2 New Owners
The 1.1 million-square-foot building takes up the full block of Broad Street between South William and Pearl streets and has 115 feet of frontage along Broad Street in the Financial District.
Apolloware Software to Enhance Solar Installations
Texas-based Bandera Electric Cooperative (BEC) developed the cloud-based Apolloware software solution to help its commercial and residential members monitor solar and energy storage installations in real time.
Historic Perry Brooks Tower Awarded LEED Platinum
The certification marks the first LEED Platinum office renovation in Austin. Perry Brooks Tower’s LEED Platinum scorecard totaled 81 out of 110 possible points.