Property Types Office
University of Chicago to Create $200 Million Center Honoring Late Economist
May 15, 2008 - Source: Crain's Chicago Business
The Milton Friedman Institute will eventually be housed in facilities now occupied by the Chicago Theological Seminary.
Corus, Lehman Bros. Make D.C. Loans
May 15, 2008
Corus Bank closed a $72 million loan to MR BP Office #1 L.L.C. to finance the construction of a nine-story Class A office building located at 55 M Street SE in Washington, D.C.
Rebuilding Downtown JPMorgan Chase WTC Development Plans in Doubt
May 15, 2008
Has JPMorgan Chase finally backed off on plans to build an office tower at the World Trade Center site in lower Manhattan?
Adobe to Buy Boston-Area Office Building Upon Completion
May 15, 2008
In a $44.7 million deal, Adobe Systems Inc. has agreed to purchase Overlook Center in Waltham, Mass., from Normandy Real Estate Partners upon its construction.
Pair of Dallas Office Buildings Acquired by Newly-Launched Thompson National
May 15, 2008
Less than a month after the launch of Thompson National Properties L.L.C., the firm has acquired two Dallas Class B office buildings as the company’s first acquisition on behalf of the Bruin Fund, a $250 million opportunity fund.
Arent Fox to Relocate D.C. Office
May 15, 2008
Arent Fox L.L.P. has announced that it will relocate its Washington, D.C., office to 1000 Connecticut Ave. upon the expiration of its current lease in 2012.
CASTO Invests $400M in Puerto Rican Portfolio
May 14, 2008
Columbus-based CASTO has invested $400 million in 1.7 million square feet of retail and office space in Puerto Rico.
CBRE Investors Closes $2.1B Real Estate Fund
May 14, 2008
CB Richard Ellis Investors has announced the closing of CB Richard Ellis Strategic Partners U.S. 5 to new investors.  Strategic Partners U.S. 5 consists of two limited partnerships, with raised equity commitments of $2.1 billion from institutional investors in the United States, Europe and the Middle East.
Partnership Offloads Ridgelea Bank Building in Fort Worth
May 14, 2008 - Source: Dallas Business Journal
The 181,601 square-foot building was sold for an undisclosed amount by Dallas-based Cawley Partners and New York-based Greenstreet Real Estate Partners.
Which Way Is Green?
May 14, 2008
Should the industry adopt a gold standard or maintain options among certification systems?
Chicago Development Officials Green-Light Increased Subsidy for Loop Project
May 14, 2008 - Source: Crain's Chicago Business
Developer Village Green Cos. wants to redevelop a landmark 45-story office building into 313 apartments.
First Building at 2MSF Suburban D.C. Research Campus Opens
May 14, 2008
The 120,000-square-foot office building at M Square - The University of Maryland Research Park in College Park, Md., has made its debut.
Software Firm Stakes a Claim to 15,000SF in Cambridge
May 14, 2008
Allurent Inc. has just signed a lease with Transatlantic Investment Management Inc. for a 15,000-square-foot space at the 114,400-square-foot American Twine Building in Cambridge.
IT Firm Signs Lease for New HQ in Bucks County
May 14, 2008
The 600,000-square-foot Neshaminy Interplex Business Center in Trevose will soon become the new corporate headquarters of Training Camp now that the information technology training and programs provider has committed to a lease in the Class A business park.
Residential Woes Spread to S.F. Office Market
May 13, 2008 - Source: San Francisco Chronicle
According to several reports, companies gave back more space than was leased over the last quarter -- the first time in years this has happened.
85,000SF Lease Signed at Tech Campus in San Jose
May 13, 2008
SVTC Technologies has committed to 85,000 square feet at what will ultimately be the 1.3 million-square-foot Hellyer Oaks Technology complex in San Jose.
One Old Country Rd. Treeline Sells Nassau County Office Building for $65M
May 13, 2008
An entity controlled by The Treeline Cos. has sold One Old Country Road in Carle Place, N.Y., a five-story, 315,000-square-foot office building, for $65 million.
Tech Firm Takes Lease at New Building in The Woodlands
May 13, 2008
Desktop Assistance L.P. has signed a lease in the Class A office building at 2400 Waterway Ave. in The Woodlands.
Automotive Company to Expand Livonia HQ by 94,000SF
May 13, 2008
TRW Automotive has announced plans to expand its North American headquarters in Livonia, Mich., at a cost of $14.2 million.
Palmetto Med Office Tenet Healthcare Plans Sale of 34 Properties Nationwide
May 13, 2008
After losing $31 million in the first quarter of the year--compared to a net income of $75 million in the first quarter of 2007--Dallas-based Tenet Healthcare Corp. today released details of its plan to sell 34 medical office buildings across the country.
larimer $145M Construction Loan Set for Denver Tower
May 13, 2008
The Dallas office of Holliday Fenoglio Fowler L.P. has announced that it arranged a $140 million construction loan for 1800 Larimer.
American Systems Signs Five-Year Lease at New 75,000SF Flex-Tech Building
May 13, 2008
A new business will join the tenant roster at Challenger South, Phase II, now that American Systems Corp. has committed to occupying nearly 6,400 square feet of space at the 75,000-square-foot flex/tech facility in Orlando's Central Florida Research Park.
William Morris HQ $188M Financing Deal Paves Way for New William Morris HQ in Beverly Hills
May 12, 2008
A joint venture involving New York City-based George Comfort & Sons Inc. and Morgan Stanley Real Estate's Prime Property Fund, have secured $188 million in refinancing for an existing office structure and construction funding for the development of a new office and retail building in Beverly Hills.
Dallas Project to Include More Offices, Fewer Condos
May 12, 2008
Dallas’s massive CBD mixed-use project, Victory, will include more office space and less condominiums and hotel rooms, said Hillwood’s Development Co.’s chairman, Ross Perot, Jr.
Tyler Technologies Office Project Planned for Lubbock
May 12, 2008
Dallas-based Tyler Technologies Inc. plans to expand its West Texas presence with the development of a Class A office project in the city of Lubbock. No financials were released.
 

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