News
Leadership Institute Breaks Ground Near Lake Austin
The facility, slated for completion in the summer of 2020, will consist of 16 buildings, a 180-key residential village, an event room for up to 300 guests, interactive classrooms and seminar spaces.
Bloomberg Inks 460 KSF Lease Renewal in Manhattan
The finance and media giant will continue to occupy 75 percent of Global Holdings’ office tower on Park Avenue near Grand Central Terminal.
Phillips Edison, Northwestern Mutual Form $415M JVs
The two seeded joint ventures, Grocery Retail Partners I and II, own a combined portfolio of 20 shopping centers anchored by leading grocers.
Atlanta Mixed-Use Development Lands $278M Loan
North American Properties and Lionstone Investments will use the financing to develop the next phases of Colony Square. The project is set to include entertainment, retail, restaurants and office space.
Blue Stone Acquires PA Office Asset
Newmark Knight Frank’s Capital Markets team represented the seller, Delaware Valley Real Estate Investment Fund LP, in its disposition of 1001 Adams Ave., a 137,000-square-foot building in Audubon.
Law Firm Breaks Ground on New HQ
Kelley Kronenberg’s new 35,000-square-foot corporate headquarters in the Fort Lauderdale, Fla., area will feature a mock courtroom and a rooftop terrace.
It’s Official: Amazon Announces HQ2 Winners
JBG Smith will develop 4 million square feet for the e-commerce giant in Arlington, Va. Amazon will take another 1 million square feet at an office tower owned by Savanna in Long Island City, N.Y.
Duke Energy Issues $1B Green Bond Offering
The bonds will be used to finance renewable energy projects in the Carolinas. Duke expects to add 1,800 megawatts of built and purchased solar capacity over the next five years.
Omni Houston Hotel Completes $30M Renovation
The brand’s Uptown Houston location has undergone a transformation that includes redesigned and renovated spaces as well as new amenities.
Restored Jacksonville Landmark Earns LEED Silver
The restaurant received recognition for the environmentally friendly materials and methods used during construction and ongoing operations that reduce its environmental impact.