Office
Colliers Lands 1 MSF Office-Leasing Contract in Cincinnati
Colliers International has picked up a sizable management contract, as the firm was named the leasing broker for the 1 million-square-foot Queen City Square in Cincinnati’s Downtown.
Boston Properties Completes Acquisition of 100 Federal St. in Boston
Boston Properties has completed the acquisition of 100 Federal St. in Boston from an affiliate of Bank of America with an aggregate investment of about $615 million — reportedly funded with available cash.
Healthcare Trust of America Spends $54M on 558 KSF Pittsburgh Office Building
The 558,000-square-foot Penn Avenue Place office tower in Pittsburgh, Pa., has just become a part of Healthcare Trust of America Inc.’s portfolio. The company acquired the asset from an affiliate of Oxford Development Co. in a $54 million transaction.
Rockrose Development Spends $120M on Downtown D.C. Office Building
Continuing the trend of Washington, D.C., office transactions, Rockrose Development Corp. has picked up the building at 1776 Eye Street, N.W., a class A office structure totaling 224,666 square feet, for $119.7 million.
DivcoWest Makes $71M Office Buy in Cambridge
DivcoWest has spent $79 million on The Davenport, a 220,000-square-foot Class A office property in Cambridge, Mass. The firm picked up the property from a client of AEW Capital Management.
Ralcorp Signs 175 KSF Lease at Bank of America Plaza in St. Louis
Private-label foods producer Ralcorp has signed a 175,000-square-foot lease at St. Louis’ Bank of America plaza, an agreement that includes a 57,000-square-foot expansion.
EIFS in Practice: Implementation Case Studies
Exterior insulation and finish systems, or EIFS, has long been applied to residential properties but is now catching on as an insulation solution in the commercial sector. These case studies illustrate different applications that have produced energy cost reductions.
Cole Spends $53M on New Jersey Office Building
Cole Real Estate Investments has made another addition to its portfolio in the New Jersey area, this time picking up a 176,000-square foot, Class A office building for $53 million from The Hampshire Cos.
DivcoWest Takes 261 KSF Silicon Valley Office Complex for $71M
In a 261,059-square-foot transaction, DivcoWest acquired the Caribbean Corporate Center, a portfolio of four, 100-percent leased office buildings in the Silicon Valley area for a reported $71 million.
Roeland Park and Mission in Conflict Over Walmart Location
By Gabriel Circiog, Associate Editor While the border war between Kansas and Missouri saw a breakthrough as the two joined forces to keep the Marine Data Center from relocating to New Orleans, the Kansas City Star now reports Roeland Park is accusing its neighbor Mission of poaching its biggest retailer, Walmart, in order to kick-start […]