Office
CEMEX Headquarters in Houston Earns LEED Gold
About 20 percent of materials are recycled and water consumption was reduced by one-third with the use of efficient fixtures.
Direct Energy Leases 106 KSF in Houston for New HQ
The energy retailer is set to occupy two floors at 2 Houston Center. CBRE negotiated the deal on behalf of the tenant.
Somerset Properties Trades Milwaukee Office Portfolio
The six assets, which contain nearly 400,000 square feet, sold for close to $38 million. The seller purchased the buildings in 2012 as part of a $195 million portfolio deal.
Decoding Denver’s Office Market
Bridge Investment Group Director of Acquisitions David McCleve shares his views on the consequences of intense construction activity on the metro’s office market and highlights the submarkets where there’s room for rent growth in 2019.
KBS Realty Signs JPMorgan Chase Lease Renewal in Dallas
The long-time tenant will continue to occupy nearly 42,000 square feet at Preston Commons, a three-building office park undergoing a $15 million improvement plan.
FD Stonewater Buys Nashville Office Asset
The Class B building traded for $17 million. The fully leased property last changed hands in 2014, for $16.5 million.
Nashville MetroCenter Office Changes Hands
Menlo Equities acquired the 107,000-square-foot, Class B asset for approximately $22 million—more than double the price the seller had paid in 2006.
Northstar Commercial Partners Sells Denver Office Property
Northfield Business Center last traded back in January 2015, when the firm purchased it as a value-add investment. Since then, the asset has grown in occupancy by more than 65 percent.
Time Equities Buys Cleveland-Area Office Building
The company paid $7.6 million to PNC Bank—which was also a tenant in the building—in a transaction brokered by CBRE. The asset will be delivered fully vacant.
AbelsonTaylor Relocating to Chicago’s Old Post Office Building
The health and wellness advertising agency has entered a long-term lease with The 601W Cos. and will occupy nearly 85,000 square feet starting spring 2020.