Regions
Sacramento Office Campus Lands $45M Senior Loan
Prospect Green is a Class A, 518,156-square-foot, two- and three-story building office campus in Rancho Cordova, Calif. The loan will cover both capital improvements and leasing expenses.
PRP Grabs Pair of VA Foreclosed Office Assets
The properties total 420,000 square feet and sit in the proximity of Mark Center Transit Center, Alexandria Hospital and Alexandria Community College.
ENGIE, GE Team Up for Brazil Wind Project
The deal marks the firms’ second collaboration in the Umburanas/Sento Sé region, where ENGIE is the largest private producer of power.
JV Sells $135M Stake in Long Island Industrial Portfolio
A Cammeby’s International-led partnership sold its 50 percent stake in a 38-building industrial portfolio located in Nassau and Suffolk counties.
The Philly Met to Reopen, Lands $56M in Financing
After 110 years of history including being on the verge of demolition, a lawsuit and delayed redevelopment, Philadelphia Metropolitan Opera House is scheduled to reopen in late 2018.
Ram Board Introduces Painter’s Board
The floor-protection product features the company’s patented Spill Guard technology to keep liquids from damaging the working surfaces, as well as Vapor Cure, which allows air and moisture to escape.
Clark Construction Hires New VP
Roger Fricke, who brings more than 30 years of experience to the team, will lead preconstruction work for the firm’s projects in Los Angeles.
Economy Watch Weekly: New Year Kicks Off With Strong Job Growth
Job creation in January came in better than expected, according to the Bureau of Labor Statistics latest jobs report. Economy Editor Dees Stribling delves into the numbers, for the week ending Feb. 2, 2018.
Hines Inks 161 KSF Renewal at CA Industrial Asset
Acushnet Co., a parent company for golf industry brands, signed another 10-year lease at the industrial building in Carlsbad, Calif. CBRE represented the tenant in the lease renewal.
JV Unveils Revised Plans for San Francisco Mixed-Use
The Pelli Clarke Pelli-designed Transbay Parcel F will be the only mixed-use development to include office, retail, residential and hotel all in one tower.