News
Cyrus Capital Inks 23 KSF at Park Avenue Tower
The company will move to the recently remodeled 65 E. 55th St., with Equity Office going an extra mile with further built-to-suit plans.
McCaffery to Develop 140 KSF Office Building in Chicago
With construction scheduled to begin this summer, the seven-story Twelve01West is expected to be completed next year.
Billion-Dollar Mixed-Use Project Kicks Off in DC
Hines, Urban Atlantic and Triden Development have teamed up for the construction of The Parks at Walter Reed, one of the city’s largest master-planned communities.
Investcorp Adds $160M to Chicago, Boston Portfolios
The company has acquired six industrial properties totaling approximately 1.8 million square feet of warehouse and distribution space.
RLJ, FelCor to Merge in $1.2B All-Stock Deal
The move, which would create the third-largest pure-play lodging REIT, with a total enterprise value of $7 billion, was deemed a “head scratcher” by at least two analysts.
Oracle Continues East Bay Expansion With Oakland Lease
TMG Partners is nearing completion of the redevelopment of the 313,000-square-foot office building. Cushman & Wakefield is leading leasing efforts.
Raw Material Manufacturer Expands to Central Ohio
Ohio Pack intends to invest $25.4 million in a new 135,000-square-foot plant in Heath, Ohio. The company will add 66 jobs over the next five years.
Interface Introduces First Vinyl Tile Collection
The company known for its carpet tiles introduced a luxury option which can be combined with its soft carpet products for a texturally rich design.
Frozen Gourmet Installs Cold Thermal Energy Storage System
Viking Cold Solutions’ Thermal Energy Storage reduced Frozen Gourmet’s energy consumption by nearly 30 percent since the beginning of 2017, while also maintaining more stable temperatures inside their freezers.
ENGIE Boosts Houston’s Use of Solar Power
The 50-megawatt SolaireHolman plant is now operational and will power the Hermann Park Zoo, the Bob Lanier Public Works Building, wastewater treatment plants and several Bush Intercontinental Airport terminals.