News
Evergy to Cut Carbon Output, Boost Wind Capacity
The electric utility company estimates it will reach an emissions reduction of 40 percent below 2005 levels by the end of the year.
CPE Announces the 2019 Executives of the Year
Now in its 23rd year, the CPE Executive of the Year Awards program is adjudicated by a peer vote among leading executives from across the commercial real estate industry and based on accomplishments in the past year. Here’s what made the winners stand out.
Thor Equities JV Signs 205 KSF Tenant at Chicago Project
The partners broke ground on the 466,500-square-foot tower in November, with nearly $144 million in financing from The Bank of Nova Scotia.
Arbor Realty Doubles Lease at Manhattan Skyscraper
The real estate lender and investor will occupy more than 36,000 square feet at the iconic Seagram Building.
Madison Marquette CEO: ‘For Now, We Are Playing Offense’
Vince Costantini discusses the company’s investment strategy after a busy 2019 and phase 2 of its Wharf project in Washington, D.C., which is now underway.
OPI Inks 2 Boise Office Renewals
The government agencies will continue to occupy more than 150,000 square feet at the REIT’s suburban buildings for the next 10 years.
JLL Income Property Trust Buys Boston-Area Retail Center
The 160,000-square-foot asset is anchored by a Stop & Shop grocery store and is 99 percent leased.
Allianz Provides $135M for Denver-Area Industrial Assets
The firm originated nine loans on behalf of Majestic Realty Co. for a portfolio within the 1,500-acre business park in Aurora, Colo.
Transwestern Strengthens Mid-Atlantic Leasing Team
Tony Womack has more than 30 years of experience in commercial real estate and joins the company as executive vice president.
Plymouth Industrial Acquires 924 KSF Portfolio
The transaction included two buildings in Atlanta and three properties in Savannah, Ga., occupied by four tenants.