Sustainability
CPE's Top 11 in '11
Taken as a whole, 2011 was something of a tumultuous year, but an interesting time for commercial real estate. CPE presents our top 11 stories from 2011.
Chicago's 896 KSF 321 N. Clark Office Tower Certified LEED Gold
Hines has just achieved LEED Gold for Existing Buildings certification for its 896,500-square-foot office building at 321 North Clark at Riverfront Plaza in Chicago.
First Wind Secures $210M in Financing for Wind Project in Washington State
Lenders are warming up to the alternative-energy market, as evidenced by the $210 million financing package First Wind just acquired on behalf of its subsidiary, Palouse Wind L.L.C.
$4B Better Buildings Challenge Unites Government, Private Sector
Saying “we can’t wait for Congress to act,” President Obama on Friday announced that over the next two years, nearly $4 billion in combined federal and private-sector money will be surging into energy upgrades to buildings.
Private Players to Fund $1B Solar-Energy Initiative for Military Housing
SolarCity and Bank of America Merrill Lynch have agreed on financing terms for SolarStrong, SolarCity’s plan to build more than $1 billion in solar power projects for privatized U.S. military housing communities across the country over the next five years.
Liberty Kicks Off 1.2 MSF Industrial Project in Lehigh Valley
The $62 million project will provide new big-box industrial space to a thirsty market and reclaim a brownfield site that was once home to the Bethlehem Steel Corp.
A Look Ahead: Opportunities in a Changing World from ULI
Success in real estate requires optimism and the ability to identify opportunity under any circumstances. This year’s Urban Land Institute Fall Meeting opened with plenty of advice for tackling both short-term challenges and long-term market shifts.
University of North Texas’ New Stadium Earns LEED Platinum
At the University of North Texas in Denton, green takes on new significance beyond the Mean Green athletics program, as the school’s recently completed $79 million stadium was certified as LEED Platinum.
GE Taps Colorado for $300M Solar Panel Plant
Large, lightweight panels produced at the facility will make solar installations on commercial building rooftops more efficient, GE contends.
SunEdison Secures $300M for Solar Projects in U.S. & Canada
The solar energy services provider just obtained a $300 million three-year revolving credit facility through Deutsche Bank Securities Inc. and Rabobank.