Office
Plans Move Forward for Western Europe’s Tallest Residential Tower
British government granted planning consent for the redevelopment of a project in Vauxhall, central London, which will include Western Europe’s tallest residential tower.
Office in Boston’s Channel Center Gets $170M Construction Loan
Holliday Fenoglio Fowler secured a $170 million construction loan for Boston’s Channel Center mixed-use project involving a Class A office building.
Plans Move Forward for DeBartolo Development’s $350M West Oahu Shopping Center
By Adriana Pop, Associate Editor The Hawaii Land Use Commission has approved a use change for a proposed 1.4 million-square-foot regional shopping mall in East Kapolei. The Pacific Business News reports that under a previous state plan the site had been slated for the development of a regional sports complex. Florida-based DeBartolo Development L.L.C. plans […]
Upcoming Sale of Summerlin Office Properties Offers Promise for Market
By Alex Girda, Associate Editor A big office deal or a series of smaller ones seems likely to take place in the Las Vegas area in the near future. VegasINC magazine recently reported that General Growth Properties is looking to offload a number of the office buildings it holds in Summerlin. The 32 office buildings […]
HFF Arranges Sale of $148M Non-Performing Loan
HFF closed the sale on a non-performing loan carrying an unpaid principal balance of approximately $148 million.
Cassidy Turley Secures 620 KSF Management Assignment in Suburban Washington, D.C
USAA Real Estate chose Cassidy Turley to spearhead property management services for two Class A office buildings in Arlington, Va.
ANSYS to Establish New Headquarters at Southpointe II Business Park
By Adriana Pop, Associate Editor Southpointe-based technology company ANSYS will establish a new headquarters at the Southpointe II Business Park, less than a mile away from its current 107,000 square-foot space. According to the Pittsburgh Business Times, the company has signed a 15-year lease for a new 186,000-square-foot building scheduled for completion in the fourth […]
Thomas Properties, CalSTRS Buy 3 MSF Austin Portfolio for $859M
In an evenly split JV, Thomas Properties and California State Teachers’ Retirement System have purchased a group of eight office buildings in the Texas capital.
OHL Renews, Expands Space to 591 KSF in South Dallas
Ozburn-Hessey Logistics, one of the largest third-party logistics companies, has both expanded and renewed a lease in the third most populous city in Texas.
MB Real Estate Completes 260 KSF in Leases at Michigan Plaza
MB Real Estate has completed 26 lease transactions this year at a two-building complex in Chicago totaling 69 stories.