Sustainability
JLL Secures 811 KSF Office Lease for ExxonMobil Subsidiary in Calgary
Imperial Oil, one of Calgary’s largest corporations and an ExxonMobil subsidiary, is moving its headquarters from downtown Calgary to a 20-acre site that will be developed in the Quarry Park submarket in the Canadian city’s southeast section.
CBRE Acquires 369 KSF of Dallas-Area Buildings
Everything’s bigger in the Lone Star State, and so goes a recent transaction between Equity Office Properties Trust and a CBRE Global Investors Fund, which bought two Class A office buildings in North Dallas totaling 369,000 square feet for an undisclosed amount.
Hines, Boston Properties, Kilroy to Build Two Office Towers Near San Francisco’s Transit Center Project
Hines has formed a JV with Boston Properties for the development of a 1.4 million-square-foot high-rise and Kilroy Realty Corp. just announced that it will build a 400,000-square-foot tower.
Miami Gets First LEED-Certified Hotel with 221-Room Hampton Inn & Suites
The Hampton Inn & Suites Miami just got the U.S. Green Building Council’s Leadership in Energy and Environmental Design certification, making it Miami’s first LEED-certified hotel.
Amazon’s HQ in Seattle Sold to — Surprise! — Amazon for $1B
Vulcan Real Estate sold 11 office buildings to Amazon totaling 2 million square feet in the South Lake Union neighborhood.
Archstone Partnership Buys Green Apartments in Venice, Calif., for $56M
A partnership sponsored by Archstone has purchased The Frank, an upscale 70-unit apartment property, for $56 million.
JLL, Royal Philips Electronics Create Global Lighting Partnership
JLL has teamed up with a global lighting leader to deliver energy-efficient lighting and energy management solutions to all of the company’s clients.
Opus Breaks Ground on 127 KSF Build-to-Suit in Omaha
Opus Development has started work on a new home for Gavilon Group in Nebraska, which will be a Class A building incorporating sustainability.
CBRE Introduces Sustainability Research Program
CBRE Group plans to financially support advocates of sustainability in commercial real estate across the globe.
Bridge Sells 163 KSF Suburban Class A Chicago Office
Bridge Development Partners sold a suburban four-story office building in Chicago to Cole Real Estate Investments.