News

Madison Partners Brokers Hollywood Office Sale

The 29,000-square-foot property, which is fully leased by Deluxe Entertainment Services, traded for $12.6 million.

West Coast’s Tallest Tower Tops Off

Builders laid the final beam on Salesforce Tower at 1,077 feet as the $1 billion project developed by Boston Properties Inc. and Hines is nearing completion. Anchor tenant Salesforce plans to move in early 2018.

Atwell Appoints New Senior Project Manager

Weed brings a strong background in public and private land development and in residential and commercial projects throughout the Rocky Mountain Region.

NorthMarq Capital Adds Industry Veteran as VP

Operating from the company’s Miami office, Paul Whalen will be in charge of investor capital, from fixed rate first mortgages to subordinate debt to equity.

Spirides Arranges $8M Loan for Hilton Hotel

The Tampa-based financing company arranged the senior construction loan for a new 98-key Hilton in Florence, S.C., from a U.S. bank.

Bulfinch Office Buildings Receive Wired Certified Gold Designation

Four of the properties, located in Massachusetts, became the first Wired Certified buildings in Needham and Newton. The WiredScore Certification standard evaluates and distinguishes outstanding internet connectivity in commercial buildings.

Ohio State University Announces $1B Energy Management Project

The 50-year contract was awarded to ENGIE North America and Axium Infrastructure and will include the construction of a new energy advancement and innovation center to improve the university’s energy efficiency by 25 percent within ten years.

Walmart Anchors Largest Shopping Center in Rialto

The 239,552-square-foot property developed by NewMark Merrill Cos. and Pacific Retail Partners is nearing completion 13 years in. Rialto Marketplace will bring NewMark’s portfolio to more than 86 shopping centers.

Avison Young Taps LA County Research Manager

Arty Maharajh joins from Cushman & Wakefield and brings 16 years of commercial real estate research experience.

PFF Scores New Cincinnati HQ

Cris Collinsworth’s sports statistic monitoring service will move into a 6,000-square-foot space owned by Stuffed Realty LLC. CBRE worked on behalf of PFF for this leasing.