Office
Midtown Manhattan Readies for 470 KSF Cutting-Edge Office Tower
The future is coming to Midtown Manhattan. A partnership comprising real estate company Hines, investment entity Pacolet Milliken Enterprises and institutional investors advised by J.P. Morgan Asset Management have broken ground on 7 Bryant Park, a premier office tower that will deliver 470,000 square feet of state-of-the-art office accommodations in the Bryant Park area.
Brickman, DivcoWest Acquire Three Manhattan Office Buildings
San Francisco-based real estate firm DivcoWest has partnered with a private equity firm headed by New York real-estate investor Bruce Brickman to acquire three office buildings in Midtown South from Einstein College at Yeshiva University.
City Center, Angelo Gordon JV Buys 320 KSF Office Space in Minneapolis
A JV of City Center Realty Partners and Angelo, Gordon & Co. has acquired the 320,000-square-foot office portion of the Plaza Seven building at 45 S. Seventh St. in downtown Minneapolis.
NVIDIA to Develop $300M, 500 KSF HQ in Silicon Valley
As it celebrates its 20th birthday this month, chipmaker Nvidia announced plans to construct a 500,000-square-foot building on a 24-acre site in Santa Clara, Calif., the first part of an eventual 1 million-square-foot headquarters.
Foram Group’s 600 Brickell Tower Goes Platinum
By Georgiana Mihaila, Associate Editor The 40-story 600 Brickell building can now pride itself with a rare designation that makes it unique in the Florida market—placing it among only a handful of its class and size in the world—after being certified LEED Platinum by the U.S. Green Building Council. The 600,000-square-foot mixed-use commercial tower set […]
Tishman Lands Two More Leases at Wilshire Courtyard
Less than two months after buying the two-building Wilshire Courtyard office complex in West Los Angeles, Tishman Speyer has completed two lease transactions, bringing the property’s occupancy to 94 percent.
SL Green Closes $900M Refinancing of Manhattan’s 1515 Broadway
SL Green Realty Corp. has done it again. New York City’s largest office landlord has refinanced its 1.8 million-square-foot office building at 1515 Broadway once again– to the tune of $900 million.
Microsoft Strengthens Retail and Office Presence in Westside Tech Submarket
By Alex Girda, Associate Editor As Microsoft continues its steady expansion into the retail world, the company is also gaining a stronger footing in major tech hubs. With upcoming real estate deals the Redmond, WA-based tech giant has lined up, … Continue reading →
Hines Picks Up Mercedes-Benz Bank Building in Germany
International real estate firm Hines purchased the Mercedes-Benz Bank Building in Stuttgart, Germany, for a reported $70 million.
Rubenstein Acquires 500 KSF Boston-Metro Office Portfolio
Rubenstein Partners purchased CenterPoint, a 500,000-square-foot office park in Waltham, Mass., for $68 million in a JV partnership with Saracen Properties.