Investment
Gone Green: Sustainability Case Studies
The growing focus on sustainable properties among municipalities, investors and tenants is giving rise to some innovative new approaches to both new development and retrofitting. Here are three innovative case studies.
Denholtz Associates to Upgrade NJ Office Building
Improvements at the two-story Class A asset in Bernardsville will be completed this summer.
Hines Nabs Houston Logistics Park
The company has tripled its holdings in the city’s industrial market with the acquisition of a 2.2 million-square-foot distribution center in La Porte, Texas.
East Bay Office Complex Sales for $30M
HFF procured the buyer with $21.5 million in financing for the two buildings totaling 207,555 square feet.
San Fran Wharf Hotel Undergoes $16M Renovation
The 221-key luxury boutique Hotel Zoe is scheduled to reopen this summer.
Global Capital Targeting CRE Stays High at $435B
The global wall of money available for real estate investment declined 2 percent compared to last year’s peak of $443 billion, but it remains at its second-highest value since 2009, according to Cushman & Wakefield’s latest global capital markets report.
PFA Pension Fund Buys Stake in Large Office Portfolio
The Denmark-based company has teamed up with Spear Street Capital to acquire a 49 percent interest in the Invictus Portfolio, comprising 1.2 million square feet of space.
Endeavour Capital Lends $63M to Berkeley Research Group
Founded seven years ago, Berkley Research Group currently has more than 1,000 employees on five continents.
Hospitality Ventures Embarks on $110M in Renovations
HVMG’s list of undertakings spans the U.S., in metros such as Atlanta, Nashville and Phoenix.
Hines, Oaktree Nab SF-Area Office Campus
Dublin Corporate Center was built between 2000 and 2001 and is reportedly one of the top assets in the submarket.