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Development - Page 25
Morgan Stanley Sells $360M for 2 Park Avenue
Morgan Stanley has offloaded its 28-story office building at 2 Park Ave. to Haddad Brands for approximately $360 million. This deal marks one of the largest office investment sales in New York City this year. The property at 2 Park…
Where the Legacy of Montana Comes Alive
Spanning over 55 usable acres across both banks of the West Gallatin River, A River’s Ranch at 1021 Gateway South Road is a once-in-a-generation Montana ranch—minutes from Bozeman,…
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Commercial - Page 25
Nuveen Snaps Up Chicago Shopping Center for $100M
Red Mountain Group moved certain tenants around and added new anchors to re-position Algonquin Commons. Image courtesy of Red Mountain Group, Inc. Nuveen Real Estate has purchased a 548,000-square-foot shopping center in Algonquin, Ill., from Red Mountain Group Inc. The…
DLC, Meadow Partners Make $69M Retail Investment
Penn Mar Shopping Center has a diverse mix of tenants including Burlington, Ross Dress for Less, Dollar Tree, Petco and Foot Locker.…
Coca-Cola Unit Breaks Ground on $650M Dairy Products Plant
The Coca-Cola Co. and its fairlife dairy products subsidiary have broken ground on a 745,000-square-foot production facility near Rochester, N.Y. The plant…
Quest Partners to Relocate Manhattan Offices
The office tower at 110 E. 59th St. is LEED Gold-certified. Image courtesy of Jack Resnick & Sons Jack Resnick & Sons…
Blue Owl JV Obtains $2.3B for Data Center Project
Crusoe uses modular data centers for cloud computing. Image courtesy of Crusoe Energy Systems The joint venture of Blue Owl Capital, Crusoe…
Capital Ideas: The Case for Vintage Office Properties
Therese Fitzgerald In today’s flight-to-quality market, there has been a lot of talk about the vulnerability of older office buildings. Who’ll lease…
Stark Office Suites Extends Manhattan Lease
Stark Office Suites occupies the entire 22nd and 23rd floors at the Manhattan high-rise. Image courtesy of Stark Office Suites Stark Office…
The Future of Energy Star
Earlier this year, the Administration aimed to shut down the EPA’s Energy Star program, but where do things stand now? The Energy Star program was established by law, so it can only be discontinued by an Act of Congress. BOMA…