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SAN FRANCISCO-Boston Properties executives have said that construction on Transbay Tower, a 1,000-foot skyscraper in San Francisco, is expected start in 2014.
SAN FRANCISCO-The two owner/developers will acquire land for the 61-story office property from the Transbay Joint Powers Authority; a Hines spokeswoman says construction could begin sometime next year.
BOSTON-The office REIT faced a slight decline from the previous quarter, but the company is “continuing to slug it out and do leases,” president Douglas Linde said during an earnings call on Wednesday morning.
SAN FRANCISCO-Real Estate Alert reported that Singapore's sovereign wealth fund-led Asian partnership has decided to acquire a 92% interest in a 1.25-million-square-foot structure at 101 California Street for $851 million or $740 per square foot.
HOUSTON-Quorum Business Solutions Inc. has shifted its headquarters from the Westchase District to downtown Houston in order to accommodate its growth.
NEW YORK CITY and LOS ANGELES-SL Green entered the picture on the so-called Cabi Portfolio in 2007, when it bought a slice of junior debt on Cabi Developers’ $1.5-billion acquisition.
LAS VEGAS-Hines, in conjunction with a subsidiary of funds managed by Oaktree Capital Management, has added 32 institutional quality buildings to its holdings.