Regions
NAI Hiffman Brokers Four Chicago Leases
All properties are located in Chicago’s O’Hare submarket and offer a mix of office and industrial space. The assets, totaling 170,000 square feet, are owned by Prologis.
Maryland Mixed-Use Asset Scores First Sale
The Sylmar Corp. disposed of the Clock Tower Place, a retail and office building located in Annapolis, Md. for $10.3 million. The building was 98 percent leased to 21 different tenants at the time of the transaction.
NYC Benchmarking Law Tracks Energy Efficiency
Starting with 2018, owners of buildings measuring 25,000 square feet and larger need to submit reports to EPA’s Energy Star Portfolio Manager.
Remington Corporate Center’s Final Unit Changes Hands
NAI Hiffman closed on the sale of the last 2,147-square-foot office condominium part of the 63,000-square-foot multi-unit property in Bolingbrook, Ill.
Suburban DC Mixed-Use Development Lands Refi
The refinancing of Westphalia Town Center—a mixed-use development in Prince George’s County—allows the company to continue developing the project and preparing land for commercial and retail uses.
Olive Hill to Redevelop Silicon Beach Office Campus
The redevelopment program will focus on creating new amenities, such as a new gym, a food truck loading zone and a bocce ball court. Olive Hill Group will also rebrand the two-building asset.
Best Western Brand Tapped for Stratosphere, Aquarius Resorts
American Casino and Entertainment Properties chose Best Western’s BW Premier collection for the properties, which include Las Vegas’ tallest structure and a 1,906-key resort in Laughlin, Nev.
Siemens Breaks Ground on $300M Manufacturing, R&D Facility
The expansion of the company’s existing 500,000-square-foot complex in Walpole, Mass., marks one of the largest single capital investments of Siemens Healthcare in the U.S.
Aetna to Relocate HQ to Manhattan
The health care insurance giant will move its headquarters from Hartford, Conn., to Vornado Realty Trust’s upcoming 61 Ninth Ave., a Class A office building targeted for completion this year.
US Tech Firm Sets Foot in Canada
Okta’s new office will benefit from Toronto’s diverse talent pool, which will help grow the company’s engineering team to better serve its Canadian customer base.