Videos
SL Green Lands New Tenant at Midtown Manhattan Landmark
First American Title Co. will take over the entire 10th floor of the former Bowery Savings Bank building, leaving behind its offices at 44 Wall St.
JV to Acquire and Manage Intertur Hotels
The joint venture aims to reposition and modernize the portfolio of 1,119 guestrooms through an investment program. Alua will manage the hotels and market them under its brand in 2018.
Massive 600MW Offshore Wind Farm Opens in North Sea
The Gemini Offshore Wind Park is a collaboration between Northland Power, Siemens Wind Power, Van Oord and HVC. It has a generating capacity of 600 megawatts and will power 785,000 households.
Honda Breaks Ground on $30M Dealership in South LA
The 210,000-square-foot project is part of a neighbourhood revival which includes other high-profile developments. The company plans to relocate from downtown LA in the summer of 2018.
Jackson Healthcare’s $100M Atlanta Expansion Kicks Off
The expansion of the company’s corporate headquarters will be completed in December 2018. Once finalized, the new facility will total 550,000 square feet and will accommodate 1,400 new associates.
Cleveland Mixed-Use Project Lands $142M Financing
HFF secured the financing on behalf of development partners Fairmount Properties and the DiGeronimo Cos. Scheduled for completion in spring 2018, Pinecrest will offer more than 400,000 square feet of retail, restaurants and entertainment.
Frozen Gourmet Installs Cold Thermal Energy Storage System
Viking Cold Solutions’ Thermal Energy Storage reduced Frozen Gourmet’s energy consumption by nearly 30 percent since the beginning of 2017, while also maintaining more stable temperatures inside their freezers.
Financing Industrial: PGIM Real Estate Finance CIO Talks Discipline, Disruption
Paige Hood has a favorable outlook for commercial real estate lending, crediting market discipline as a key driver of his firm’s capacity to lend on coveted, last-mile industrial assets, among other property types.
Scout Boats Expands Dorchester County Footprint
The designer and manufacturer of luxury boats plans to invest $11 million in a new 120,000-square-foot facility in Summerville, S.C.
Guardian Life Signs 90 KSF NJ Lease
Guardian Life Insurance Co. relocated to a 90,000-square-foot space at Bell Works, New Jersey’s hottest multi-use space. The Garibaldi Group’s Jeff Garibaldi, Tara Keating and Kyle Mahoney arranged the 15-year lease.