Regions

The Principal York

Starwood Capital Group to Sell 14 UK Hotels for $1B

Foncière des Régions will acquire the 2,638-key portfolio, which consists of four- and five-star properties in major cities in England, Scotland and Wales.

California Military Department

California Military Department’s $135M HQ Breaks Ground

Walsh Construction Co. II and Stantec have teamed up to build the 285,000-square-foot, zero-net energy campus in Rancho Cordova, near Sacramento.

Workplace Design: Space Standards Are Critical Focus Areas

Principal Dan Perruzzi of Boston-based Margulies Perruzzi Architects shared his view on sustainable office design in an interview with CPE. The company has roughly three decades of experience in designing energy-efficient working spaces.

Economy Watch: Employment Gain More Modest in April

Employment gains in February and March combined were also 30,000 more than previously reported, according to the Bureau of Labor Statistics.

Breaking Up the Big-Box

There are significant opportunities to transform an under-performing big-box into a more complimentary mix of real estate. Here are four tips to keep in mind when making the transition.

Scottsdale Plaza Resort in AZ Receives $64M Refinancing

The property’s owners will use the proceeds to retire an existing $57.2 million CMBS loan from JPMorgan Chase, which they secured in 2006.

811 W. Fulton Market, Chicago

Knoll Moves to Fulton Market

The company will occupy the entire sixth and seventh floors and part of the fifth floor in the building, or a total of 24,000 square feet of showroom and office space.

17930 Wolf Road, Orland Park, Ill.

Boulder Group Brokers $13M Jewel-Osco Deal

The property is located in Orlando Park, Ill. and features a drive-thru pharmacy and a large parking lot accommodating more than 450 vehicles.

Finmarc Continues DC-Area Expansion With 115 KSF Mixed-Use

Stone Industrial Campus in College Park, Md. traded for $6.2 million. The property comprises a manufacturing building, a warehouse and an office component.

NJ Industrial Facility Lands $37M Loan

HFF arranged the 15-year, fixed-rate loan with Allianz Real Estate of America, working on behalf of Bhasin Properties. The asset is situated in Secaucus and comprises 240,317 square feet.