Regions
DC-Area Office Asset Lands $33M Loan
The six-story property is close to Twinbrook Metro Station and last underwent thorough renovations in 2004. The current owner bought the building in 2005 from JBG Cos.
Vote: 2017 Executives of the Year
CPE has added a popular vote to the 2017 Executives of the Year awards program. Now’s your chance to help select the winners! The deadline to vote is November 13.
Empire State Realty Inks 85 KSF at NYC Office Asset
The company secured the American Society of Composers, Authors and Publishers with a long-term lease to occupy four floors at 250 West 57th St. in Manhattan. CBRE represented ASCAP in the negotiations.
Hyatt Hotel Coming to Indianapolis’ Historic District
HRI Properties broke ground on the sire, which will consist of a 186-key Hyatt Place Hotel and 130-key Hyatt House Hotel.
Hampshire Sells 117 KSF CT Industrial Portfolio
CBRE represented the company in the disposition. The four buildings, located in Danbury and Berlin, are fully occupied.
Talent Hunt, Tech Challenges Top Leaders’ Agenda
At IREM’s Global Summit, the heads of four national organizations shared insights about expanding the industry’s talent pool, managing Millennial workers and keeping up with technology.
Economy Watch: Bioscience Firms Will Pay Premiums for Prime Space
Life sciences employers are willing to pay high rents to be near hard-to-find talent. With laboratory space being scarce and rents continuing to rise, firms are facing the pressure to make their spaces desirable while keeping costs under control.
Cambria Hotels Breaks Ground in South Boston
Choice Hotels International is expanding its U.S. footprint with the addition of Cambria Hotel South Boston to its portfolio. The hotel is expected to open in 2019.
HDR Opens New LA Studio
The architectural, engineering and consulting firm leased more than 25,000 square feet of office space in downtown Los Angeles. The company selected Usman Tariq to lead the new location.
Dominion to Power Facebook’s $1B VA Data Center With Solar
The company will expand its photovoltaic portfolio to meet the needs of Facebook’s recently announced 1 million-square-foot Virginia facility.