Office
DC-Area Office Mid-Rise Trades for $36M
The Chevy Chase Land Co. sold a 70,000-square-foot building in downtown Bethesda, Md., home to tenants including Bank of America and Stone Street Capital.
Ivanhoé Cambridge Acquires Callahan Capital Properties
The companies had a strategic partnership since 2012, growing their U.S. office portfolio to more than $10 billion.
Energy Star’s Higher Bar
Many properties now fall short of stringent new standards. Experts offer tips for making the grade.
Thor Equities Buys First Boston-Area Asset
The company is continuing its expansion in the Northeast. Norwood Medical Center offers 92,000 square feet of medical office space across three stories.
Mack-Cali Sells 215 KSF Office Assets in NJ
The firm sold the last two buildings on the Horizon Center campus, having sold four properties earlier this year. NKF Capital Markets arranged both deals.
The Tech Office Saga: Silicon Valley vs. San Francisco
Transwestern’s Derek Cuschieri and Jack Seymour touch on the expanding tech presence in Silicon Valley and San Francisco, and the price companies and employees pay to stay cool in the sector’s hottest hubs.
Government Properties, Select Income REIT to Merge
Operating as Office Properties Income Trust, the combined company will own 213 properties in 38 states and Washington, D.C.
H-E-B Invests in East Austin Tech Facility
The expansion is expected to add hundreds of jobs to the local economy. HPI Corporate Services serves as tenant broker, while IA Interior Architects is in charge with design.
Forest City’s Cleveland HQ Is Complete
Vocon designed the 110,000-square-foot downtown office that the real estate company leased last year, allowing the tenant to reduce its footprint by 40 percent.
Thor Equities Sells London Office Asset for $64M
The firm purchased the property in 2017 and refurbished its facade. The six-story building comprises a little more than 25,000 square feet.