News
CBRE Tapped to Lease Lehigh Valley Office Building
The LEED Gold certified The Plaza at 835 Hamilton in Allentown, Pa., is home to financial tenants such as PPL Gold Credit Union and BB&T Bank.
Largest Michigan Solar Park Begins Commercial Operation
The 200,000-panel array broke ground in 2016 and is spread across more than 250 acres. The facility is estimated to produce sufficient clean energy to power 11,000 homes.
Microsoft, GE Announce New Wind Farm in Ireland
A 37-megawatt wind farm will be developed in County Kerry, Ireland. The facility will consist of turbines with integrated batteries, marking the first deployment of battery integration into wind turbines to store energy in Europe.
Retail RE Veteran Named Lat Purser VP
Jimmy Penman Jr. joined Charlotte-based Lat Purser & Associates in 2015 as director of leasing. He has now been promoted to the executive team and named vice president.
Equinix Acquires Istanbul Facility for $93M
The company acquired three buildings from Zenium, one of which currently serves as a colocation facility that generates annual revenues of $2.5 million.
DC Office Building Trades, Seeks Rebranding
In a deal brokered by Newmark Knight Frank, American Real Estate Partners paid $64.2 million for the 192,000-square-foot office asset located in the NoMad submarket of Washington, D.C.
Genera Inks 211 KSF Lease in Fontana, CA
Kidder Mathews and Paladin Partners represented Genera Corp. in the deal. The company has leased Bolger Business Center for 10 years.
sbe Debuts 2 Mondrian Hotels
The 270-key Mondrian Doha in Qatar and the 189-key Mondrian Park Avenue in New York City are the fourth and fifth Mondrian hotels globally, after properties in London, Los Angeles and Miami South Beach.
Elite Street Capital Buys 162 KSF Houston Office Asset
Buchanan Street Partners and CarVal Investors sold a 162,000-square-foot office building in Houston. HFF arranged the deal on behalf of the seller and secured the buyer.
JV Unveils Downtown Hartford Mixed-Use Project
RBH Group, Goldman Sachs Urban Investment Group, and several other partners will develop Teachers Corner Hartford, which will bring 60 affordable and market rate units, with an additional 6,000 square feet of retail space.