Office
Avison Young Makes Entrée into Southern California’s Orange County Market
Toronto’s Avison Young continues the rapid expansion of its footprint in the United States with yet another new office opening.
Boston-Based Sibley Acquires 2 MSF Historic Rochester M-U Property
Sibley Redevelopment L.P., an affiliate of WinnDevelopment, the real estate development arm of WinnCompanies, acquired the Sibley Building, located in the central business district of downtown Rochester, N.Y.
MetLife JV Buys Iconic Seattle Office Tower
A joint venture comprising MetLife and an institutional real estate investor advised by Clarion Partners has purchased 1201 Third Ave., an Art Deco–inspired Class A building that is Seattle’s second-tallest office tower.
HFF Closes Sale of 177 KSF Office Building in Houston to International Buyer
Holliday Fenoglio Fowler represented an institutional owner in the sale of 777 Post Oak Blvd., a 176,799-square-foot office building in Houston’s Galleria/West Loop submarket.
Ningxia International Conference Center–Bringing China and Islam Together in More Ways than One
The China-Arab States Economic and Trade Forum is set to move into a new home, as the Ningxia International Conference Center is well into its development process.
Muss Signs FEMA to 200 KSF Lease for Sandy Regional HQ in Queens; IndCor Donates Space to Red Cross
FEMA has leased about 200,000 square feet at Forest Hills Tower in Queens to serve as its New York City headquarters while it helps residents and business owners in the region recover from Superstorm Sandy. At the same time, IndCor Properties donated 126,000 square feet of space to the American Red Cross, located near hard-hit areas.
Tishman Lands 129 KSF Tenant at Boston’s One Federal Street
Tishman Speyer, owner of the 1.1 million-square-foot tower, just signed an agreement with Iron Mountain for the information storage and management company to occupy the space as its headquarters under an 11-year lease agreement.
Vornado Undergoes $950M Refinancing of Manhattan’s 1290 Avenue of the Americas
Just several months away from completing a redevelopment of 1290 Avenue of the Americas in Manhattan, Vornado Realty Trust and the partnership that owns the 2 million-square-foot, 43-story building have completed a $950 million refinancing of the property.
New York Investors Buying Up Prime Office Properties in Downtown Chicago
A venture led by Michael Silberberg of Nanuet, N.Y.-based Berkley Properties LLC has agreed to buy the downtown Chicago Bank of America Building for $97 million.
344 KSF Masdar, International Renewable Energy Agency HQ Break Ground
Masdar City, the low-carbon, low-waste, emerging cleantech cluster and one of the most sustainable communities and mixed-use developments in the world continues its trailblazing development in United Arab Emirates.