Office
BofA Scores Naming Rights for Skanska’s Capitol Tower
The anchor tenant signed a 210,000-square-foot lease in April, covering six and a half floors. The lease features both office and 5,000 square feet of dedicated retail space.
Hines, Ivanhoé Break Ground on Toronto’s CIBC Square
The project will comprise two buildings and a one-acre elevated park over the rail corridor. The first property is scheduled for completion in 2020.
C&W to Lease, Manage Westchester One in NY
The 906,689-square-foot office tower is the largest office building in White Plains, N.Y., and changed hands this month. The asset is set to undergo a complete renovation and pre-built program.
Hudson Pacific to Transform Santa Monica Office Asset
Hudson Pacific Properties is set to reposition a three-story, 44,000-square-foot office building in Santa Monica, Calif. The company plans to invest up to $1.4 million in interior/exterior upgrades.
JLL Inks Lease at Houston-Area Development
JLL’s David Bale and Eugene Terry represented the tenant in the lease negotiations, which will occupy the entire second floor of Building 4 at Grandway West.
Santa Ana Office Park Trades for $32.8M
Benchmark Holdings purchased Alton Deere Plaza from TA Associates Realty. At the time of sale, the two-building, 185,245-square-foot property was 96 percent occupied.
NETSCOUT to Relocate to North Dallas Next Year
NETSCOUT will occupy a 145,000-square-foot office building in Allen, Texas, expected to open in summer 2018. The company will relocate more than 500 employees in the process.
Monday Properties Grabs DC, SoCal Assets
The company made moves on both coasts, acquiring Spectrum Tower in Laguna Hills, Calif., and Beauregard Office Park in Alexandria, Va.
Houston Office Tower Lands $164M Refi
JLL’s Tom Melody and John Ream procured the mortgage on behalf of the joint venture ownership, while Goldman Sachs provided the financing.
CBRE to Transform Atlanta’s 7000 Central Park
The 18-story office tower will undergo major upgrades and will join CBRE’s “5-Star Worldwide” program, a national network of top-tier office buildings.