Office
Akridge, Mitsui Fudosan Complete 170 KSF Office Project in Washington, D.C.
Akridge and Mitsui Fudosan America have just opened the doors of the new 1200 Seventeenth St., N.W.
Lionstone Snaps Up 650 KSF San Diego Tech Center
Lionstone Investments acquired the trophy property from Beacon Capital Partners, which paid $152.2 million for the asset in 2012.
Boston Properties Sells Interest in Office Buildings to Norges Bank for $1.5B
Norges Bank Investment Management, Norway’s sovereign wealth fund, continues picking up prime office assets in the United States.
Update: JCR Capital Obtains $105M for Middle-Market Fund
JCR Capital’s JCR Capital Commercial Real Estate Finance Fund III L.P. is targeting a total capitalization of $250 million for middle-market sponsors typically overlooked by institutional capital.
SL Green to Buy, Sell in Two Deals Totaling $745M
It’s not every day that a real estate company announces it has signed deals involving two properties valued at an aggregate three-quarters of a billion dollars.
INTERNATIONAL: Amazon to Open 431,000-SF London Office in 2017
Amazon Inc. recently announced plans to depart its U.K. base of 16 years in Slough, Berkshire, and move to a brand-new office in east London in 2017.
Ashkenazy Unveils Faneuil Hall Makeover Plan
Ashkenazy Acquisition Corp. has filed plans with the city of Boston for a bold transformation of Faneuil Hall Marketplace, one of the nation’s premier retail properties.
INTERNATIONAL: W.P. Carey Completes Sale-Leaseback with Nokia in Poland
In a sale-leaseback deal with Nokia Solutions and Networks, W.P. Carey Inc. has acquired an office/R&D facility in Poland on behalf of one of its non-traded REIT affiliates.
Zero Energy Buildings to Become Big Business in Future
Navigant Research predicts the market’s annual global revenue will skyrocket to $1.4 trillion in 2035.
Office Properties in San Francisco Sell for Over $700M
San Francisco’s office investment market continues to sizzle, with two more high-profile sales closing.