Sustainability
IPA, Rockefeller Group JV to Develop Apartments in Phoenix Suburbs
Investment Property Associates and The Rockefeller Group are developing a Class A apartment community in Gilbert, Ariz.
Transwestern Kicks Off 600 KSF Houston Office Project
Transwestern is developing a premier 660,000-square-foot office project in a joint venture with Miller Global.
Rockefeller JV Acquires San Francisco’s 50 Beale St.
The Rockefeller Group and Mitsubishi Estate have bought a 23-story, Class A office building in San Francisco’s South Financial District.
Tianjin Eco-City a Blueprint for China’s Future Urbanization Efforts
Residents and companies have started moving in to Tianjin Eco-city, a joint Chinese-Singaporean project located close to Beijing. At full build-out in 2020, the project is expected to house 350,000 residents.
Amazon to Expand HQ—Again
Vulcan Real Estate is developing a sixth phase of Amazon’s campus in Seattle’s South Lake Union submarket.
Hyatt Hotel Corp. Opens First Grand Hyatt in Malaysia
Hyatt Hotel Corp. will be opening Malaysia’s first Grand Hyatt, with first-class luxuries and amenities including impressive views of the city, dining on almost every floor, and state-of-the art technology banquet halls and meeting rooms.
Alternatively Built M-F Development Uses Upcycling as a Hook
A new trend of alternative building for multi-family developments is on the rise. This trend uses upcycling, or the conversion of waste products into new uses.
Beacon Capital Picks Up Boston’s 177 Huntington Ave. for $59M
Beacon Capital Partners has bought 177 Huntington Ave. in Boston’s Back Bay submarket. The 1972 tower used to house The First Church of Christ, Scientist, and the Trustees of Church administration department.
LED Upgrade Will Be Latest Environmental Step for SL Green
SL Green Realty Corp. is nearing completion on an extensive, and apparently quite profitable, $2.5 million LED lighting retrofit involving 21 office buildings totaling 7 million square feet.
BOMA Special Report: The GSA’s Focus on Sustainability
The General Services Administration likes to push the envelope on sustainability, Stephen Monkewicz, senior realty specialist with its office of real estate acquisitions, noted in his presentation at BOMA International’s Every Building conference in Seattle.