News
M&T Bank Sells Pair of NJ Office Assets
The assets total 92,000 square feet and previously changed hands when M&T Bank purchased them through the acquisition of Hudson City Savings Bank in 2015.
Spaces Opens Flagship Location in Manhattan West
The co-working firm plans to occupy 103,000 square feet at Brookfield’s The Lofts at Manhattan West, marking the company’s largest U.S. lease to date.
Growing Economy Spurs Development in West Palm Beach
No major office project has come online since 2008, but market dynamics are poised to shift, with substantial new commercial developments planned for the coming years.
Microsoft’s New SV Campus Aims for Maximum Green
The major facility now under construction could be the first tech campus to achieve net zero, non-potable water use. Moreover, the buildings will be designed to meet LEED Platinum certification and will feature solar panels, a “living” roof and more.
KDC, Seritage Plan 1 MSF Dallas Office Project
The two-tower development will be erected on the site of a former Sears department store as one component of Seritage’s 23-acre mixed-use destination.
MRP Breaks Ground on 3-Building PA Industrial Project
Hamburg Logistics Park will be located off Interstate 78 in Berks County. When finished, it will consist of approximately 1.9 million square feet of space.
Private CRE, Public Education Development Among Construction Spending Highlights
Private construction provided a bright spot, on both year-to-date private residential and non-residential spending, a report from the Associated General Contractors of America showed. However, the association raised concerns about declining infrastructure spending.
KBS Adds SVP to Midwest Team
Daniel Park, formerly a director of acquisitions with Greenlaw Partners, returned to KBS after an absence of several years. He will be responsible for carrying out investment objectives in several cities in the Midwest.
The December digital issue of CPE is now available!
Find out who won this year’s Executive of the Year Awards!
Divaris Facilitates 6 Transactions in Richmond
The company negotiated five retail and office leases, as well as the $1.4 million sale of a warehouse and land parcel.