LEED
Austin Self Storage Asset Scores LEED Platinum
CubeSmart’s 78,700-square-foot property is equipped with conservation features that create net zero energy status, including solar photovoltaic arrays, geothermal heating and cooling, and rainwater towers.
Preferred Office Properties Pays $209M for Charlotte Towers
The affiliate of Preferred Apartment Communities acquired two new Class A properties in the city’s SouthPark submarket.
Equus Capital Acquires Dallas-Area Office Building
The company purchased a 207,000-square-foot Class A property in Plano, which it plans to renovate and rebrand as Gateway of Legacy.
Skanska Builds for the Future
The director of sustainability for the company’s U.S. development unit sheds light on incorporating energy efficiency into large projects.
New York Adds $3B to Sustainable Investment Program
Among other steps, the state’s retirement fund—third largest in the U.S.—is committing as much as $6 billion to green investment across asset classes.
Top 10 Office Completions in Los Angeles
Inventory is expected to grow by 2 million square feet by the end of 2018, with significant additions in the CBD, Hollywood and Jefferson Corridor submarkets.
Boston Trophy Tower Commands $455M
Skanska’s 450,000-square-foot, LEED Platinum-certified asset opened in June. The office portion is fully leased to Alexion Pharmaceuticals and PTC.
NorthStar Realty Europe Sells Frankfurt’s Trianon Tower
The 737,360-square-foot iconic office building in the German banking center’s CBD changed hands for about $758 million. Cushman & Wakefield advised on the deal.
Cerberus JV to Repurpose Former Discovery Communications HQ
The partners bought One Discovery Place in downtown Silver Spring, Md., with plans to reposition the property once the building’s sole tenant relocates to New York City.
All LEED Buildings Now Eligible for Recertification
Over the past 25 years, the U.S. Green Building Council certified more than 43,700 commercial projects across 167 countries and territories.