News
Turner Kicks Off Construction of Ziraat Bank HQ in Istanbul
The general contractor expects to complete the 4.6 million-square-foot campus, located in the heart of the Istanbul International Financial Center business district, in 2021.
KKR Acquires Office Development in Oakland, CA
TMG reportedly sold the 320,000-square-foot downtown building at 1330 Broadway for more than $173 million, and will continue to provide onsite property and asset management on behalf of the new owner.
JLL to Lease Ashford Portfolio in Houston
The Mission Cos. selected the team of Scott Fikes and Jack Russo to handle leasing efforts for the properties located in the city’s Energy Corridor.
Single-Tenant Retail Asset Changes Hands in NM
The 43,484-square-foot property is on the border of New Mexico and Texas. The only tenant of the building is a grocery store.
The Koll Co. Buys 65 KSF CA Office Asset
The firm has added to its portfolio an office building located between Riverside and Orange counties. CBRE worked on behalf of the seller, UBS Realty Investors.
Mortenson to Build 2 Wind Farms for Iowa’s Wind XI Project
The two wind projects, located in Adair and Grundy counties, are expected to add 341 megawatts of renewable energy to the state’s electrical grid.
Hines to Bring 1.5 MSF Logistics Park to Houston
The upcoming development will span 107 acres near the Sam Houston Race Park and will include industrial space, a retail center and a business-class hotel.
Gearing Up for the 2018 Hurricane Season
Last year’s calamities prompted commercial property owners, contractors, property managers and tenants alike to make early adjustments ahead of the impending storms.
Thyssenkrupp Goes Big, Tall With $200M HQ in Atlanta
The “urban mobility” company’s new complex will house at least 900 employees and will include a high-rise elevator test tower, all near SunTrust Park, home of the Atlanta Braves.
MetLife Investment Management Buys Boston Office Asset for $97M
Standing in for Normandy Real Estate Partners and Westbrook Partners, NKF Capital Markets arranged the sale of the 247,500-square-foot property at 89 A St. in Needham, Mass.