Featured
Chesnut Properties to Break Ground on 1.4 MSF Office Project
The company is building three campuses as part of the 210-acre Millenia Master Plan in Chula Vista, Calif. The multibillion-dollar undertaking also calls for as many as 3,000 multifamily residences; 1.5 million square feet of retail, hospitality, civic and mixed-use projects; six themed urban parks; and a variety of public spaces.
CT Kicks Off $125M Industrial Project in Chicago
The development, Interchange 55 Logistics Park, will occupy a recently purchased 112-acre parcel, and upon completion, will add 1.3 million square feet of industrial space to the local market.
The March digital issue of CPE is now available!
Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read; or Click on individual articles below for an in-depth look at each of the topics that most interest you.
Riding the Tech Boom in Seattle
Amazon and Google continue to boost office construction and leasing activity across the metro, drawn by a skilled workforce and booming economy.
JPMorgan Chase Inks 437 KSF Lease in Redeveloped NYC Tower
The company will occupy 16 office floors and two street-level retail spaces at 390 Madison Ave. in Midtown Manhattan. L&L Holding Co. and Clarion Partners are currently transforming the original mid-20th century building into a futuristic 32-story high-rise.
German Investor to Buy $120M DC Hotel
Union Investment GmbH has inked an agreement to acquire Thompson D.C., a 225-key project in the Navy Yards district, from a joint venture involving Geolo Capital and JW Capital Partners. The purchase will increase the company’s growing U.S. lodging portfolio to five properties.
Abbey Nails Down $229M Bridge Funding on Retail Portfolio
Represented by law firm Sklar Kirsh, the company recapitalized a 27-property portfolio in California. The assets total 2.1 million square feet of space scattered across Los Angeles, Orange, Riverside, San Bernardino, Fresno and Kern counties.
Federal Capital Sells DC-Area Office Tower for $226M
Harbor Group International is the new owner of One Dulles Tower, a 403,600-square-foot trophy property occupied in its entirety by Amazon Web Services. The deal comes less than three years after FCP purchased the corporate campus in an $84 million transaction.
Hottest Health-Care Sectors
Each month, CPE Asks features insights from leading industry executives on a significant issue. Next month’s topic: leadership.
LA Office Building Commands $196M
NKF Capital Markets represented Lincoln Property Co. in the sale of Wedbush Center, a 21-story tower at 1000 Wilshire in the city’s downtown.