News
Tech Office Leasing in NYC Continues at Torrid Pace
Office leasing in Manhattan by tech companies exceeded 1 million square feet for the ninth consecutive year, according to CBRE.
Hyatt Regency Expands in China
Located in the center of Xuzhou, the development includes more than 8,000 square feet of event space, as well as 25 suites, four executive suites and a presidential suite.
PNY Technologies Sells NJ Industrial Property
In a sale/leaseback deal arranged by Cushman & Wakefield, Turnbridge Equities and Harbor Group International have acquired a 540,103-square-foot building in Parsippany.
Belay, Harbor Associates Buy 2 Office Assets for $57M
In separate joint ventures, the partners acquired properties totaling 302,000 square feet in Denver and the suburban Los Angeles city of Glendale, Calif.
Swinerton Breaks Ground on 200MW SoCal Solar Project
Upon completion in 2019, Swinerton Renewable Energy’s Imperial County facility is expected to generate enough energy to power roughly 70,000 homes.
Duke Energy Pushes Plan for Low-Cost Solar Adoption
In partnership with North Carolina Utilities Commission, the Duke affiliate intends to build, own and operate on-site solar facilities that will allow non-residential customers to access solar energy.
US Mayors Challenge Names Its Winners
The nine cities are set to receive $1 million each to address issues including mobility, climate change, homelessness and economic opportunity.
CBRE Brokers HQ Relocation for Jostens
Brian Fogelberg and Mark McCary directed the lease on behalf of the tenant. The new office spans across three floors at Minnesota Center.
Daishin Securities Acquires NYC Office Tower for $195M
ASB Real Estate Investments sold the 21-story landmarked Midtown office asset on behalf of its $7.3 billion Allegiance Fund, its core investment vehicle.
Cushman & Wakefield Expands V&A Practice in Philadelphia
The firm added Jim Farrer and Lee Dorf to its team, an expansion that coincides with an increased emphasis on valuation and advisory services throughout the industry.