News
LAX Office Tower Trades
The new owner plans to reposition the asset, with changes including a complete rebranding, cosmetic exterior upgrades, and a full renovation of the lobby and entrance.
Seattle Lands $670M Mixed-Use Project
Oakpointe Communities and Presidio Residential have received approval for the development of LakePointe Urban Village, a 214-acre master-planned community in Covington, Wash.
Honeywell Opens $300M Facility In Louisiana
The new plant will enable the company to manufacture next-generation auto air-conditioning refrigerant. The facility marks the fourth Honeywell site in Louisiana.
EWM to Lease Miami Int’l Merchandise Mart
The former Radisson Mart is in the process of a multi-million dollar modernization funded by the new owner, Roudan Global Investments.
Four Points by Sheraton Debuts in Raleigh
PM Hotel Group will manage the newly rebranded property, which offers 113 guestrooms, along with a variety of amenities, including passions for beer and barbecue.
Embracing Changes in the Commercial Insurance Industry
The forward-looking technology landscape and the growing regulatory environment are reshaping the vital ways in which insurance companies engage with customers, especially in the U.S., the largest insurance market in terms of premium dollars in the world. Adjusting to changes is the answer for Franklin Street Insurance Services Director Ted Holler.
Lincoln Tapped to Market Atlanta-Area Office Asset
The team is spearheading leasing efforts on behalf of the building owner, who will also consider acquisition offers for the property.
Opus Finalizes MC Machinery’s HQ
Construction at the new 175,000-square-foot corporate campus in Elk Grove Village, Ill. began last year in April. The facility offers a variety of spaces designed for office, showroom and warehouse use.
Rees Properties Acquires Redwood City Office Asset for $32M
HFF marketed the sale on behalf of Griffin Capital, who acquired the property in 2007 for $24 million from DPR Construction. The sale of 1450 Veterans Blvd. was subject to a $17.9 million loan held by Northern Trust.
Griffin Capital Acquires Part Of Indianapolis Office Campus
The transaction price for the 133,400-square-foot, Class A office building was $29 million. The facility is one of three properties making up Midcontinent Independent System Operator Inc.’s headquarters and is fully leased for the next 11 years.