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Commercial brokerage firm CBRE reported the sale transaction of the fee-interest of 182,753-square-foot Class A property at 2101 Park Center Drive and 2145 Metrocenter Boulevard to Metrocenter Office, LLC.
“We continue to see the growth of the University of Pennsylvania and Drexel University driving the demand for housing in this submarket and driving growth and redevelopment further west,” says Rittenhouse Realty's Ken Wellar.
Liberty expects to leverage Raiman's expertise as a real estate investor, "as we capitalize on the opportunities afforded by the industrial markets and our repositioned industrial platform,” says Liberty CEO Bill Hankowsky.
Greystar Real Estate Partners was selected by the University of California Hastings College of the Law as the master developer for housing, academic and mixed-use developments for its Civic Center campus.
New York City is the first city in the world to require all large existing buildings of 25,000 square feet or more, of which there are 50,000 citywide, to make efficiency upgrades that lower their energy usage and emissions or face steep penalties.
If rumors are true, Amazon would move thousands of operations employees across Lake Washington to Bellevue Corporate Plaza, which would house this team tasked with ensuring package delivery.
Stearns will oversee CBRE's global finance and accounting organization, including tax, treasury, balance sheet management, financial planning and analytics and investor relations.