Office
Skanska Nabs $60M Renovation Contract in Pennsylvania
Skanska USA has reached an agreement on the Spring House research complex in Montgomery County, Pa., securing a $60 million contract from Janssen Research & Development L.L.C. to provide construction-management services.
Newmark Knight Frank to Lease, Manage 2 MSF NYC Office Portfolio
Newmark Knight Frank just added 2 million square feet of responsibilities to its plate. The real estate services firm has won a leasing and management assignment for a 19-property Manhattan office portfolio owned by The Rosen Group Inc.
421,900-SF Suburban D.C. Office Complex Trades for $125.7M
Centerpointe I & II, a Class A office property in Fairfax, Va., has come the ownership of Carr Properties Income Trust, courtesy of a transaction valued at $125.7 million, including $3 million of closing-cost credits for capital improvements.
PwC: Investor Interest in Offices, Apartments to Gain Steam Next Year
Investor interest in the office market will gain some steam in 2012, as per results of the PricewaterhouseCoopers’ Real Estate Investor Survey, and the apartment sector will continue to attract a great deal of attention — as well as development dollars.
M-M Properties Takes Dallas' 1.2 MSF Plaza of the Americas
In a deal reaching a reported $100 million, M-M Properties — partnering with an institutional client of Invesco Real Estate — has acquired Dallas’ 1.2 million-square-foot Plaza of the Americas.
Chicago's 896 KSF 321 N. Clark Office Tower Certified LEED Gold
Hines has just achieved LEED Gold for Existing Buildings certification for its 896,500-square-foot office building at 321 North Clark at Riverfront Plaza in Chicago.
Houston's Hess Tower Taken for $442.5M
Carrying a sale price of $442.5 million, Houston’s Hess Tower was just picked up by H&R Real Estate Investment Trust from Trammell Crow Co. and Principal Real Estate Investors.
Talon Private Capital, Prudential Purchase 15-Story Seattle Office for $76.5M
Talon Private Capital and Prudential have taken Seattle’s 312,700-square-foot office tower at 1800 Ninth Ave. off the hands of Regence BlueShield in a sale-leaseback transaction for $76.5 million.
Hines Spends $160M on Seattle's Fisher Plaza, Nets New Data-Center Capabilities
Fisher Media Services has finalized the $160 million sale of Fisher Plaza, a two-building office complex in Seattle, to Hines Global REIT.
Kennedy Wilson, Equity Partners Complete Five-Building L.A. Office Portfolio
Kennedy Wilson, along with its equity partners, has wrapped up the acquisition of a five-property office portfolio in metropolitan Los Angeles for a total of $143.5 million.