Deals
Avison Young Completes Chicago Industrial Lease
The tenant, Cycle Logistics, is consolidating its distribution space by deciding to operate from Elk Grove Village, Ill. The landlord of the property is Ella Holdings.
SunPower’s 1.7 MW Project Powers Bose’s Global HQ
The fixed-tilt, ground-mount solar system in Framingham, Mass., will reduce Bose’s traditional grid electricity consumption over the next 20 years.
Austin Office Lands Coworking Tenant
Spaces will be occupying 53,000 square feet of AFIAA’s 123,000-square-foot, Class A, five-story office building in the city’s central business district. This is the global coworking provider’s first Austin location.
WeWork Takes Full-Building Office Lease in Manhattan
The deal marks the shared office provider’s third lease at a Columbia Property Trust-owned building in the borough. The two companies intend to convert the 102-year-old property into boutique office space.
Boston Mixed-Use Building Commands $107M
In a deal arranged by NKF, The Rockpoint Group acquired the 192,890-square-foot property, which serves as headquarters for the Boston Celtics, two divisions of TripAdvisor and Oxfam America.
Queensgate Acquires DC Hotel for $54M
The company acquired the 148-key Courtyard by Marriott Washington, D.C., from affiliates of Quadrangle Development and Capstone, with plans to reopen the property under the Generator flag.
JLL Building in Pittsburgh Adds New Tenant
Texas-based Insperity has opened a new district office in Millcraft Investments’ LEED Silver certified office building, which also houses The Coury Firm and Merrill Lynch.
Ørsted Acquires Deepwater Wind in a $510M Deal
The transaction, which is subject to review by U.S. competition authorities, is expected to close by the end of 2018. Once finalized, the name of the organization will be Ørsted U.S. Offshore Wind.
Clean Energy Projects Get a $65M Boost
San Francisco-based Carbon Lighthouse has worked in more than 500 buildings across the U.S. and aims to cut the equivalent of 50 power plants by 2020.
CenterPoint Buys FL Distribution Facility
Located in Pompano Beach, the 778,816-square-foot property is 100 percent leased to Supervalu Wholesale. CBRE represented the seller in the deal.