Business Specialties
Carr Kicks Off Pre-Construction Phase of Office Building in Arlington, Va.
The site at 2311 Wilson Blvd. in Arlington, Va., will soon sprout a premier 175,000-square-foot office building now that Carr Properties has commenced demolition and the pre-construction phase for the project.
Kimco Buys Out Blackstone in 39-Property Portfolio
Kimco Realty Corp. has acquired the remaining 66.6 percent interest in the 39-property Kimstone portfolio that it originally owned with a joint venture partner, a subsidiary of Blackstone Real Estate Partners VII, for $925 million.
Peak Campus Adds 3,155 Beds to Management Portfolio
Peak Campus Management has been selected as the property manager for a portfolio of five properties totaling 3,155 beds near Florida State University in Tallahassee.
BCB Buys Six-Building M-F Portfolio in Manhattan
An Upper West Side Portfolio, a group of six apartment buildings totaling 152 residences, has come under new ownership, courtesy of a transaction valued at approximately $81 million.
Crescent Communities Buys 2-Acre Site in Nashville’s Music Row to Build M-U Project
Crescent Communities has acquired a 2.1-acre site in Nashville’s iconic Music Row district with plans to develop a mixed-use community containing 275 luxury apartments and street-front retail space.
MetLife Acquires Fairmont Hotel in DC
The 415-room Fairmont Hotel in Washington, D.C., has changed hands, with MetLife, Inc. buying the luxury property from Ivanhoe Cambridge for $180 million.
INTERNATIONAL: Avison Young Secures Second German Investment
After launching its presence in Germany with the opening of a new office in Frankfurt on Dec. 1, Avison Young has advised two Canadian pension funds in the acquisition and financing of a second mixed-use property in Germany.
CBRE is Taking Advantage of Advantage
CBRE Group Inc. is already the top commercial real estate services firm in the world in terms of 2013 revenue, but the company is not resting on its laurels. CBRE has just kicked off a new global brand positioning: transforming real estate into real advantage.
December Issue: Sustainability–Averting Drift
A half-decade ago, when Environmental Sysems Inc. needed a larger facility, an internal team led by green-minded engineers helped plan a 34,100-square-foot headquarters in Brookfield, Wis.
Rosemont Adds Kirkwood Tower to Houston Office Holdings
Rosemont Realty has expanded its Houston holdings to nearly 2.5 million square feet with the addition of Kirkwood Tower, a 15-story Class A office tower in the city’s Energy Corridor.