Sustainability
Mayer Brown Signs 187 KSF Lease in NYC’s Rockefeller Center
The Rockefeller Group has completed an 187,000-square-foot lease with Mayer Brown at 1221 Avenue of the Americas, a 50-story office tower anchoring the western border of Rockefeller Center between West 48th and West 49th streets.
GDS to Develop ‘Barely Visible’ Skyscraper in South Korea
GDS Architects got approved to build a skyscraper in Seoul, South Korea, that has been dubbed the Infinity Tower. Its design is said to create an optical illusion that makes the structure barely visible from certain angles.
Guest Column: How Much Environmental Due Diligence is Enough?
McCarter & English partner Jane Warren talks about how much environmental due diligence you need to perform in order to protect yourself against liabilities.
Mace Opens Johnnie Walker Student Housing in London
International construction company Mace purchased a former brewery-turned-whisky-warehouse from Johnnie Walker with joint venture partner Alternative Developments and turned it into a mixed-use luxury student housing project.
V&A Waterfront Gives South Africa’s Oldest Port a ‘Green’ Facelift
The rejuvenation of Cape Town’s Victoria and Alfred Waterfront, South Africa’s oldest working port reached a poignant milestone with the completion of the project’s first phase, the No.1 Silo.
Ivanhoé Cambridge Ends Phase II Redevelopment of Shopping Center in Metro Vancouver
Ivanhoé Cambridge completed Phase II of the redevelopment of its fully-owned Guildford Town Centre, located in Surrey, British Columbia, the fastest growing municipality in Metro Vancouver and Western Canada.
Hines-Managed Coca-Cola Building in Rio de Janeiro Receives Brazil’s First LEED-EB Silver Certification
The 19-story office building that has housed the soft drink manufacturer’s Brazilian administrative HQ, since 2003 has become the first building in the country to obtain LEED-EB Silver certification.
Hines Commences 300 KSF Spec Office Project in Denver
Who’s afraid of speculative development? Not Hines. The real estate firm has just broken ground on 1601 Wewatta, a 300,000-square-foot office tower that will sprout up in Denver’s burgeoning lower downtown district.
CBRE Selects Recipients in Real Green Research Challenge
By Barbra Murray, Contributing Editor CBRE Group Inc. has selected five recipients in its Real Green Research Challenge, a $1 million program launched in December 2012 to fund cutting-edge sustainability research and innovation in commercial real estate. The participants in the program will each receive awards of up to $250,000 to conduct research projects. The five recipient institutions are Stanford University; EURO Institute of Real Estate Management; Cleveland State University and Central Michigan University; Maastricht University; and the Natural Resources Defense Council. There was no lack of interest in RGRC; CBRE received more than 100 submissions. “The overwhelming response to…
NewMarket Corp. Sells 311 KSF Office Building in Richmond, Va., for $144M
The world headquarters of paper, packaging and specialty chemical manufacturer MeadWestvaco, a nine-story trophy office building in Richmond, has been purchased by Select Income REIT for $144 million, excluding transaction costs.