Office
CBRE Grabs Boutique Office Building in San Fran’s Financial District
CBRE Global Investors has bought 235 Pine St, a 150,159-square-foot Class A office facility located in the heart of San Francisco Financial District.
ULI Special Report: Water, Water—Nowhere?
Whether in the dry Southwest or hurricane-prone coastal areas along the Atlantic Seaboard, developers need to incorporate water strategies into their plans. That message flowed through loud and clear during a panel titled “Water: Too Much, Too Little” at the Urban Land Institute’s Fall Meeting in New York City in late October.
Fifth Third Bank Signs 62 KSF Lease in Downtown Detroit
Downtown Detroit’s office market gets a big shot in the arm with Fifth Third Bank Eastern Michigan’s commitment to relocating its headquarters from the ‘burbs’ to 62,000 square feet of space at the landmark One Woodward Ave. office building.
TIAA-CREF, Norges Buy Prime Office Set in DC
TIAA-CREF and Norges Bank Investment Management have acquired 800 17th St., N.W., in Washington, D.C., for a reported record $1,075 per square foot – $392 million – for the 364,000-square-foot trophy property.
CFO, IBM Study Details Corporate Real Estate’s Rising Profile
With the recovering economy fueling broad-based growth, commercial real estate will play a larger role in corporate expenditures, according to a report presented by CFO Research and IBM yesterday at CoreNet Global’s North American Summit in Washington, D.C.
AREP-Investcorp JV Purchases Metro DC Office Complex
A joint venture of American Real Estate Partners and Investcorp has acquired Canal Center, a four-building, 540,000-square-foot Class A office complex on the Potomac River in Alexandria, Va.
Greenbuild Special Report: Finding the Value of Healthy Buildings
Much like when the green building movement that first hit CRE at the turn of the millennia, we are currently sitting at the starting line for a new era of change. This time the target is not the building, but rather its users.
INTERNATIONAL: Invesco Buys Office Project in Prague from Skanska
The Riverview office project in Prague traded hands as Invesco Real Estate purchased the asset from Skanska Property Czech Republic.
Thor Equities JV Buys Manhattan’s 530 Fifth Ave.
Thor Equities continues building up its presence on Manhattan’s famed Fifth Avenue, closing on the purchase of 530 Fifth Ave., a 26-story office and retail building, for $595 million.
CBRE Arranges $158M Financing for Koll on Office Industrial Park in Irvine
The Koll Co. has refinanced Airport Business Center, a 1.2 million-square-foot office/flex industrial park in Irvine, Calif., to the tune of $158 million.