News
Fresh Look for Suburban Boston Office Asset
A team led by Margulies Perruzzi Architects transformed National Development’s 100,000-square-foot property into a modernly amenitized building with new elements and a completely different design.
MA Office Property Lands 2 New Tenants
Markem-Imaje will be leasing 14,404 square feet and Dover Corp., its parent company, will be leasing 3,719 square feet, both on the second floor of 65 Grove St. in Watertown.
Skanska Sells Romanian Office Asset
Campus 6.1 is the first phase of a four-building office development in Bucharest. CA Immo purchased the property for $60 million.
Sunhill Corp. Lands 2 San Francisco Assets
The two adjacent buildings, totaling nearly 28,000 square feet, traded for more than $13 million and sit in the city’s SoMa district.
Hines JV Refinances Orange County Office Campus
The $144 million financing package will be used to retire existing debt and fund leasing efforts for the 452,203-square-foot Class A office asset.
Marriott International Debuts in Mali
Close to the Modibo Keita International Airport, the hotel features 27 Sheraton Club rooms and 32 suites. The opening of Sheraton Bamako Hotel marks Marriott’s first property opened in Mali.
Easterly Government Properties to Buy San Jose Outpatient Facility
The 2018-built property is part of the VA Palo Alto Health Care System and is fully leased to the Department of Veterans Affairs on a long-term basis.
Pillsbury Winthrop Relocates Manhattan Offices
The international law firm signed a deal with Paramount Group Inc. to occupy nearly 90,000 square feet at a LEED Gold-certified trophy tower.
NY Office Complex Lands $120M Financing
Ginsburg Development Cos. and Robert Martin Co. will use the Bridge Investment Group-funded loan to pay for their acquisition and redevelopment of the existing buildings into a mixed-use development.
Economy Watch: Tech Advancement Requires More Employees, Not Fewer
Even as industries shift to more advanced, automated processes, companies still plan to increase their headcounts in the next two to three years, according to a recent ManpowerGroup report.