News
Carnegie Mellon Buildings Receive Gold LEED Certification
By Liviu Oltean, Associate Editor
Carnegie Mellon University has announced that the Gates Center for Computer Science and the Hillman Center for Future-Generation Technologies have been awarded with LEED gold certification by the U.S. Green Building Council.
The Gates and Hillman centers […]
University of Hawaii Announces Plan to Retrofit for Energy Independence
By Liviu Oltean, Associate Editor
The University of Hawaii (UH) at Manoa revealed a $36 million master plan that entails complete energy, water and waste independence by 2050. This announcement is in line with the White House’s commitment to the Better Buildings Challenge.
According to […]
Compatriot Capital Acquires Half of Apartment Firm Village Green
Compatriot Capital has just taken a 50 percent ownership stake in Village Green and plans to invest $50 million of equity to develop $250 million worth of apartment assets in the next two to three years.
Plano Attracts Data Center, Office Projects
By Camelia Bulea, Associate Editor
Lincoln Property Co. and Atlanta-based T5 Data Centers are planning a large data center in a master-planned business, retail and residential park located in Plano.
The development will include 150,000 square feet on a 20-acre site, built specifically […]
Cassidy Turley to Handle 3 MSF Office Portfolio for Equity Office Properties
CRE giant Equity Office Properties has tapped Cassidy Turley to manage and/or lease an approximately 3 million-square-foot, 19-building Class A office portfolio.
KTR Closes on 7.8 MSF of Industrial Across Five Markets
KTR Capital Partners has just closed on 7.8 million square feet of industrial space across 18 buildings located in central New Jersey, Chicago, Dallas, Atlanta and Columbus, Ohio.
Economy Watch: Zell Wants Archstone, Lehman Doesn't Want Him to Have It
The wind-down of Lehman’s assets, including Archstone’s 70,000 apartment units, is a fight that’s still brewing. The NAR is going to revise downward the number of homes sold from 2007 through October 2011. And ratings agencies aren’t too keen on the euro zone’s prospects.
BRA to Complete the Harrison-Albany Corridor Zoning Plan
By Veronica Grecu, Associate Editor
The Boston Redevelopment Authority (BRA) has almost completed the zoning plan for the Harrison-Albany Corridor, a once thriving industrial area that today is a growing neighborhood. As reported by the Boston Globe, the public comment period […]
Grossmont Healthcare District Plans $240.8 Million Projects; Kaiser Permanente to Build New Hospital in Kearny Mesa
By Gabriel Circiog, Associate Editor
The San Diego medical care sector is buzzing once again as the Grossmont Healthcare District plans to break ground on several projects worth $240.8 million at the Sharp Grossmont Hospital in La Mesa next year and Kaiser Permanente announces plans to build a new 350-bed hospital in Kearny Mesa, according to […]
DivcoWest Buys 251 KSF, 5-Property Silicon Valley Office Portfolio
Picking up five office properties in Santa Clara, Calif., DivcoWest spent nearly $40 million on the 251,000-square-foot Walsh @ Bowers portfolio. The buildings, sold by RREEF, were marketed by Cassidy Turley.