Office
Washington REIT Acquires DC Office Building for $105M
Washington Real Estate Investment Trust has acquired 1775 Eye St., N.W., a 185,000-square-foot office building in Washington, D.C.’s Central Business District, for $104.5 million.
MIPIM Special Series — Part One: Shared Buildings and Spaces
The first in a three-part series of reports on worldwide real estate focused on shared buildings and spaces.
For Studley, $260M Merger with Savills Promises Blooming Global Platform
“We will be uniquely positioned to develop new business from around the globe, while continuing to deliver exceptional service to clients,” Mitchell Steir, Studley’s chairman & CEO, told CPE.
Neuberger Berman Takes 355 KSF at Vornado’s 1290 Avenue of the Americas
The investment management firm will relocate to the Midtown Manhattan trophy tower in late 2016 after 24 years at 605 Third Ave.
CoreNet Global, Rocky Mountain Institute Offer Road Map for Energy Use
In an effort to advance the next generation of energy management in corporate real estate, CoreNet Global and the Rocky Mountain Institute have released a new framework for owners, tenants, property managers and other stakeholders.
Economy Watch: Job Creation Spikes in April; Manufacturing, Construction Gain
The economy added 288,000 jobs in April, and manufacturing expanded for the 11th consecutive month.
Expansion Team: Mark Doran on Transwestern’s Growth Strategy
Insights from COO Mark Doran on the strategy behind Transwestern’s recent acquisitions the Boston and Chicago markets.
CPE 100 Quarterly Sentiment Survey: Job Market Growth to Boost Demand for Space in 2014
Half of executives surveyed say that end users will seek more space for expanded departments or geographic growth in 2014.
Toyota to Move U.S. HQ to Texas
Saying it is designed for better customer service and sustainable, long-term growth, Toyota is moving its North American headquarters and about 4,000 jobs to Plano, Texas, to a state-of-the-art campus expected to break ground in the fall and be completed by 2017.
Griffin Capital Grabs Wyndham Worldwide HQ in Parsippany, NJ
Griffin Capital Corp. has snapped up Wyndham Worldwide’s 250,000-square-foot corporate headquarters facility in Parsippany, N.J., for $97 million.