News
Ferraro Choi Receive LEED Platinum Rating for Offices in IBM Building
By Liviu Oltean, Associate Editor
Ferraro Choi and Associates’ newly renovated offices have recently been certified with platinum under the LEED 2009 program for commercial interiors.
This is the first Hawaii-based project to have received this award. The platinum project comprises 4,951 […]
State’s Largest Multi-Family Complex Trades for $150M
By Alex Girda, Associate Editor
Investors continue to splash the cash for high-quality properties in the Seattle area. The latest example is the 882-unit Archstone Redmond Hill in Redmond, the state’s largest multi-family property, which has traded for $150.1 million. The […]
HBS Adds $100M Dorm; Maverick Square Revival Keeps Rolling
By Veronica Grecu, Associate Editor
Harvard University has received approval from the Boston Redevelopment Authority to build a seven-story dormitory in Allston for Harvard Business School’s executive education program. As reported by the Boston Globe, in the fall of 2010 the […]
Skanska USA Begins $70M Lab and Office Building in Boston Area
Skanska USA has announced a $70 million investment in a laboratory and office building in Cambridge, Mass., capitalizing on the hot medical-property market in the Boston area.
SL Green, Stonebridge JV for NYC Retail, Multi-Family Buy
SL Green has entered into an agreement with Stonebridge Partners to acquire eight retail and multi-family properties in New York City for $416 million.
Economy Watch: Americans’ Incomes Lose Ground in August
The BEA on Friday said that Americans’ personal income decreased $7.3 billion, or 0.1 percent, in August. FICO bankers don’t see an increase in home prices until 2020, but a Reuters index shows consumers are less glum now than they were in August.
Panavision Takes 145,000 SF of Flex Space for HQ in Suburban L.A.
Angelo Gordon & Co. has taken its 145,000-square-foot office/R&D property at 6101 Variel Ave. in Woodland Hills, Calif., from vacant to full with the signing of Panavision, which will occupy the entire structure.
85,000 SF Lease Takes a Chunk out of Manhattan’s 685 Third Ave.
Marks Paneth & Shron L.L.P. just found a new home, as the accounting firm signed a lease for nearly 85,500 square feet of office space at 685 Third Ave. in Midtown Manhattan from building owner TIAA-CREF.
Dees Stribling’s Economy Watch Weekly
There were a few pieces of good news this week, but mainly, the world wants Europe to get its act together. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Sept. 30, 2011.
J.P. Morgan Eyes Three Landmark Dallas Buildings in Major Deal
By Georgiana Mihaila, Associate Editor
J.P Morgan Asset Management could become the new owner of three landmark Dallas buildings if its current negotiations with Crescent Real Estate Holding L.L.C. go through. The investor is eyeing the 1.3 million-square-foot Crescent complex in […]