Office
NorthPoint Buys 285 KSF Office Tower in Downtown Kansas City
NorthPoint Development has acquired The Power & Light Building, an iconic 30-story office tower in downtown Kansas City, from Gailoyd Enterprises Group, with plans to convert the property into a mixed-use development with 200 apartments.
ASB Merges Two Leading Data Centers to Form National Data Center Operator
ASB Real Estate Investments has formed Infomart Data Centers, a national data center operator that rises out of a merger between Dallas Infomart and Fortune Data Centers.
Sustainable Contribution: Panasonic Marks One Year in Newark
One year ago, Panasonic Corp. of North America moved to Two Riverfront Plaza in Newark, N.J., built to be highly sustainable and in a location intended to benefit the community as much as the company. CTO Todd Rytting sat down with CPE to offer insights into the process and results.
CREW Special Report: Lowest Cap Rates in History, Global Liquidity, Raise Fears of U.S. Commercial Property Inflation
The flood of liquidity worldwide is leading to an increase in commercial real estate values, said Ken Rosen at a luncheon during the 2014 CREW Network Convention & Marketplace this week in Miami.
Cominar Acquires $1.2B CRE Portfolio from Ivanhoé Cambridge
Cominar Real Estate Investment Trust has acquired a real estate portfolio of 14 properties in Québec and Ontario from Ivanhoé Cambridge Inc. for $1.2 billion.
C&W Arranges Financing for 2.5 MSF Office, Retail Complex in Atlanta
Capital improvements will be made at Peachtree Center in downtown Atlanta, thanks to $182 million in financing obtained by Cushman & Wakefield for owner Banyan Street Capital and its foreign equity partner.
Tishman JV Buys Historic Midtown South Building
A joint venture between Tishman Speyer and The Cogswell-Lee Development Group has purchased 183 Madison Ave., an Art Deco office building in Manhattan’s Midtown South office district.
John Hancock Buys Office Tower in Chicago’s CBD
John Hancock Real Estate has acquired 55 W. Monroe, an 804,214-square-foot Class A office building located in Chicago’s Central Business District’s Central Loop.
Champion, Long Wharf Sell 800 KSF Group of Suburban Dallas Office Buildings
Champion Partners and Long Wharf Real Estate Partners have sold an 800,000-square-foot group of Class A office buildings in Richardson, just outside of Dallas, to Spear Street Capital.
Shorenstein Grabs 4-Building Tech Campus in North San Jose for $100M
Shorenstein Properties has acquired four buildings in Champion Station from TMG Partners for a reported $100 million.