News
Blue Sky Equity Partners Buys Tucson Hotel
The company has expanded its hospitality portfolio with the purchase of the 156-key Red Lion Inn & Suites Tucson North Foothills.
Avison Young Arranges Miami-Area Prelease
Aquila Software will occupy roughly 29,000 square feet at the upcoming 330,000-square-foot, Class A The Edison Pembroke Pines. When completed, the asset will include a 5,000-square-foot central amenity building.
Tenants Sound Off on Lease Renewals
Office occupants shed light on what informs the decision to renew or move to a new location, in the latest collaboration between Kingsley Associates and CPE.
Casto Acquires Ohio Hotel, Plans Redevelopment
The former Knights Inn Hotel in Heath will be demolished and work for a new retail property is scheduled to begin by the end of the second quarter.
JV Buys Distressed Office Property in MA
National Development and Charles River Realty Investors purchased a 116,490–square-foot asset in Medford, Mass. The new owners are set to upgrade the building’s common areas, landscape and signage.
Cohesity Expands Silicon Valley Footprint With New Lease
The data storage technology firm inked for more than 60,000 square feet at RiverPark Tower, in the heart of San Jose.
Amazon to Purchase Clean Energy From 3 New Wind Farms
The facilities, underway in Europe and the U.S., have a combined capacity of 229 megawatts and are set to power AWS’ global infrastructure.
MA Includes Battery Storage in Statewide Energy Efficiency Plan
The three-year plan is estimated to drive the installation of 30 to 34 megawatts of behind-the-meter battery storage in the state.
New York Life REI Provides $915M for Industrial Portfolios
Singapore-based Mapletree Investments’ 17.2 million-square-foot collection of assets, consisting of 100 buildings across the U.S., served as collateral for the fixed-rate financing.
PwC-Anchored Office Tower Tops Out in St. Louis
The Class A building is part of the second phase of Ballpark Village. The Cordish Cos. and the St. Louis Cardinals are in charge of the $260 million mixed-use project.