Technology
Pegasystems Settles into 162 KSF in Cambridge, Mass.
Software firm Pegasystems relocated to its new headquarters, a 162,000-square-foot premier office space at One Rogers St.
W3 JV Acquires Sunpower Occupied Property in San Jose
A JV of W3 Partners and Ridge Capital Partners has purchased a three-building Class A office complex in the third largest city in California.
SL Green Shells Out $173M for Premium Manhattan Office Buildings
SL Green Realty bought two adjoining properties on Sixth Avenue from Atlas Capital Group, totaling 47,000 square feet of office real estate.
ANSYS to Establish New Headquarters at Southpointe II Business Park
By Adriana Pop, Associate Editor Southpointe-based technology company ANSYS will establish a new headquarters at the Southpointe II Business Park, less than a mile away from its current 107,000 square-foot space. According to the Pittsburgh Business Times, the company has signed a 15-year lease for a new 186,000-square-foot building scheduled for completion in the fourth […]
Compass Buys $2.1M Site in Durham to Develop Data Center
by Adriana Pop, Associate Editor Compass Datacenters of Texas has completed the acquisition of a 16.5-acre site in Research Triangle Park, where it plans to build one of its first data center complexes in the U.S. According to the Triangle Business Journal, a subsidiary of the Dallas-based company has purchased the land from two seller […]
United Natural Foods Inc. to Consolidate Denver Area Operations in New State-of-the-Art Distribution Facility
By Gabriel Circiog, Associate Editor United Natural Foods Inc. has announced plans to open a new state-of-the-art distribution facility in Aurora, Colo. Located near I-70 in the Denver International Airport corridor, the 535,000-square-foot facility will serve as a distribution hub … Continue reading →
Ground Broken at 71-Acre Green Mixed-Use Project Franklin Park
By Eliza Theiss, Associate Editor Decades of sustained development continue in the Cool Springs market, a top destination for relocating Fortune 500 companies and other corporations with the groundbreaking of the unprecedented 71-acre mixed-use sustainable corporate community Franklin Park. Located on the corner of McEwen Drive and Interstate 65 in Franklin, TN, Franklin Park is […]
Coast Income Properties Inc. Acquires Pacific Ridge Corporate Centre
By Gabriel Circiog, Associate Editor Coast Income Properties Inc. has acquired a two-building office project in Carlsbad for $29 million, Rentv.com reports. The San Diego-based development company, founded in 1979, paid $239 per square foot to Brandywine Realty Trust for the Pacific Ridge Corporate Centre. The 121,500-square-foot Class A project is located at 5780 and […]
ERT to Acquire Biomedical Company Invivodata
by Adriana Pop, Associate Editor Global technology company ERT purchased Pittsburgh-based biomedical company Invivodata, Inc. for an undisclosed amount. The acquisition positions ERT as a leader in Clinical Outcome Assessments. The transaction was facilitated by San Francisco-based private equity group, Genstar Capital LLC, which recently announced it has completed the acquisition of ERT. In June, […]
BOMA Special Report: Energy Efficiency Measures Deliver Outsized Income Gains
Building owners and managers should look at even modest energy efficiency upgrades as a three-legged stool supporting stronger net operating income, says Patty Anderson of the McKinstry sustainability consulting firm.