Office
Duke Realty Breaks Ground on New Indianapolis HQ
PK Partners LLC is the industrial REIT’s joint venture partner on the 78,000-square-foot office and retail project, which is scheduled for completion in late 2019.
GEICO Plans New Digs in Tucson
The private passenger auto insurance company broke ground on a new office building in Arizona, which is slated to open late next year.
Aztec Arranges Refi for 2 Miami-Area Properties
City National Bank provided loans totaling $13.5 million for a shopping center and a Bank of America building north of downtown Miami.
Tampa Flex Office Portfolio Trades for $15M
The buyer, a private investor, funded the acquisition of the two buildings with more than $10 million in financing from Starwood Mortgage Capital.
CREC Lands Miami Office Assignment
The firm will oversee leasing operations at Renaissance Properties’ Class A, 252,244-square-foot Aventura Corporate Center. The owner renovated the office asset following its acquisition of the property in 2016.
Tikehau Capital to Acquire Leading French CRE Firm
The transaction, which predominantly involves office and retail properties, will increase the alternative asset management and investment group’s portfolio from approximately $3 billion to $8.6 billion.
Bridge Investment Buys Suburban Chicago Office Complex
The company has expanded its portfolio with the addition of O’Hare International Center, a pair of nine-story Class A office towers adjacent to O’Hare International Airport.
Skanska Invests $35M in Budapest Office Campus
Construction on the third phase of Nordic Light, a 150,000-square-foot complex, has begun. The building is scheduled for completion by the second quarter of 2020.
CLEAR Moves to EQ Office’s Park Avenue Tower
The tech company signed a 10-year lease at the Plaza District location and will occupy the entire 17th floor until the end of the year.
Largest LEED-Certified Office Buildings in the US
When combining size and sustainability features in office properties across the U.S., San Antonio, New York and Chicago hold the top spots.