Regions
Voit Spearheads 85,053 SF Southern California Sale
The property includes an 82,053-square-foot building and a 3,000-square-foot building. It is situated on 4.7 acres. It was purchased by diamond manufacturing firm SH Trading, Inc., the United States subsidiary of South Korea-based Shinhan Diamond Corp. The firm will use the space for local manufacturing and distribution.
Kiva Takes 163,000 SF in Massachusetts
David Pergola and Jason Levendusky of CB Richard Ellis represented Divco West and Taurus, while Brooks Murphy and Sean Lynch of Jones Lang LaSalle represented Kiva.
Christian Science Church Revitalization of Boston HQ to Include Addition of 950,000 SF
Surrounded by Boston’s Back Bay, Prudential, South End and Fenway neighborhoods, the Plaza encompasses 14.5 acres and offers 10 acres of open space that is accessible to the public. Among the property’s seven existing buildings are two centerpiece structures, the iconic Original Mother Church, built in 1894 and the Extension church, which was developed in 1906. As per the proposal, all existing buildings will remain intact.
TD Ameritrade Breaks Ground on 475,000-SF Office Building in Omaha
TD Ameritrade currently leases an aggregate 125,000 square feet in three office structures at the site where the online stock trading and investment company’s new building will be erected. At completion, the corporate campus will occupy a total of 40 acres in the Old Mill area of west-central Omaha.
Toyota to Build $600M Manufacturing Plant in Brazil
Two years ago this month, Tokyo, Japan-headquartered Toyota Motor Corp. acquired a 914-acre parcel of land in the town of Sorocaba in Brazil , and now the automobile company is ready to erect a new plant on the site.
Media Outlets Relocate to 100,000 SF in 4 New York Plaza
Four New York Plaza has nearly 1.1 million of Class A square footage, located on two acres. The building features floor plates of 50,000 square feet and is 75 percent occupied by JPMorgan Chase.
Strategic Continues Florida Expansion
The company has acquired a 1,040-unit self-storage facility in the Florida city of Davie and will rebrand it under the SmartStop Self Storage trade name.
Sam Zell’s Equity International Pockets $245M on Sale of Brazil-Based BR Malls Shares
The sale, which accounted for nearly 9 percent of BR Malls’ capital stock, is no indication of Equity’s feelings about Brazilian retail. The investment firm remains keen on the market and retains a 6 percent ownership interest in BR Malls, Brazil’s largest retail real estate concern.
JER Turns a Profit on Sale of 395-Room Fairview Park Marriott in Coveted DC Market
Both McLean, Va.-based JER and Annapolis, Md.-based Thayer are keeping mum on the price tag attached to the Fairview Park Marriott transaction, but Devin Chen, Managing Director at JER, told CPE that the company definitely turned a profit on the deal.
SK Properties Rebrands, Changes Name to Kushner Real Estate
With the retirement of one of its founders, one of New Jersey’s largest privately held diversified real estate companies has decided to take on some changes.