Office
JLL Tapped to Lease North Dallas Office Development
The new office park, to be constructed over multiple phases, will include 480,000 square feet of office space, 50,000 square feet of retail and a hotel.
Investcorp, Schnitzer West Refinance Seattle Office Tower
The local HFF debt placement team worked on behalf of the joint venture to secure the $170 million loan through HSBC.
Lendlease Chicago Office Awarded Several Green Certifications
The company’s new location landed LEED Silver certification under USGBC’s LEED v4, and became the first 3 Star Fitwel-certified building in the city.
Industrial Realty Buys IBM’s 1.3 MSF Minnesota Campus
The commercial and industrial real estate investor plans to bring new tenants to the 490-acre property, where IBM will continue to occupy several buildings and, ultimately, a mixed-use development will take shape.
Two Equity Commonwealth Office Assets Fetch $670M
In separate deals, the company has closed on the disposition of both 600 W. Chicago Ave. in Chicago and 1600 Market St. in Philadelphia.
150 KSF Denver Office Project Breaks Ground
Goff Capital Partners’ Platte Fifteen, planned to encompass roughly 136,000 square feet of office space above street-level retail, is anticipated to open in fall 2019.
Shorenstein Snaps Up $255M Office Tower
ASB Real Estate Investments sold Capella Tower and the adjoining Star Tribune Building in Minneapolis on behalf of its $7.4 billion Allegiance Fund.
Thor Equities Enters Philadelphia Market
The firm acquired 907 Market St., a 214,000-square-foot asset, part of the much larger Market East, which includes the Lits Brothers Building, East Market and Fashion District Philadelphia.
Kiddar Capital Nabs Suburban DC Development Site
The nearly five-acre parcel, currently home to a 135,000-square-foot office building, will be the landing site of a new metro station.
Feil Organization Inks 70 KSF NYC Office Lease
Cornell University will lease space on four floors at 570 Lexington Ave., totaling 15 percent of the building’s total gross leasable area and bringing the asset’s occupancy to 96 percent.