Mixed-Use Project Planned for New Braunfels, Texas
June 1, 2023
Offshore-Drilling Contractor to Relocate Houston HQ
June 1, 2023
property type: Office
Advertising Firm Negotiating Lease on 100,000 SF in Boston’s Financial District
Boston HeraldAdvertising firm Hill Holliday is negotiating a lease for 100,000-plus square feet at 53 State St. in Boston's financial district. The company plans to relocate from four floors at the Hancock Tower in Boston's Back Bay. Hancock Tower's new ...
Hines Affiliate Buys Austin Office from Crescent
National Office Properties LP has purchased 301 Congress, a 418,338-square-foot office property in Austin, Texas, from a venture between Crescent Real Estate Equities Co. and Aetna.National Office is a venture between Hines and the California Public Employees' Retirement System. It ...
Vornado Increasing Rents at Manhattan Office and Retail Properties
Vornado, which owns a substantial amount of office and retail space in Manhattan, is poised to increase rents, thanks to extremely strong demand. Rents at its Manhattan properties are now 15 percent below market, and Vornado says it will be ...
Thomas Group Closes $1.2Bln Texas Buy from Blackstone
A venture led by Thomas Properties Group Inc. has completed its $1.15 billion acquisition of a portfolio of 10 office properties with 3.5 million square feet in the Austin, Texas, area from Blackstone Real Estate Advisors. The properties were previously ...
Health Care Service Corp. to Expand Chicago Headquarters
Chicago Sun Times Health Care Service Corp. has announced that it will add 24 stories to its building at 300 E. Randolph in Chicago's East Loop. Health Care Service Corp., the parent company for Blue Cross and Blue Shield, said ...
Office Building in Manhattan’s Herald Square Sells for $105Mln
New York Community Bancorp Inc. has agreed to sell 960 Ave. of the Americas, a 99,000-square-foot office building in Manhattan's Herald Square neighborhood, for $105 million.The lender took over the property last year when it acquired Atlantic Bank of New ...
Triple Net Purchases St. Louis Office Building
Triple Net Properties has acquired 8555 University Place, a 315,000-square-foot office building in St. Louis.The Santa Ana, Calif., firm purchased the three-story building on behalf of tenant-in-common investors from Northpark Partners ESA, a St. Louis venture consisting of McEagle Development, ...
Boston’s One Financial Center Expected to Fetch $900Mln
Boston GlobeRose Associates Inc. and MetLife Real Estates Investments are about to place Boston's One Financial Center up for sale. The 46-story tower, with 1.1 million square feet, is being put on the market at a time when sale prices ...
AIG Provides $17.8Mln for Suburban Alexandria, Va., Office Buildings
AIG Global Investment Group has provided $17.8 million to finance Towngate III and IV, a two-building office development with 106,400 square feet in Alexandria, Va.ELV Associates Inc. of Boston received the 10-year, fixed-rate financing, which was arranged by HFF Inc. ...
Macklowe Passes on Purchasing 717 Fifth from Blackstone
Wall Street Journal Macklowe Properties has passed on acquiring 717 Fifth Ave. in New York. The firm, led by Billy and Harry Macklowe, had agreed to pay $7 billion for eight New York assets formerly owned by Equity Office Properties, ...
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