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HOUSTON- Houston Chronicle reported that Invesco Real Estate based in Dallas is likely to acquire Williams Tower, a 64-story trophy building in the Galleria area, for a price of $420 million.
HOUSTON-Locally based Colvill Office Properties will direct leasing activities for the Hines own and managed 15-building, 12-million-square-foot portfolio in Houston and Dallas.
NEW YORK CITY-SL Green Realty Corp. has chosen Kohn Pedersen Fox Associates, a New York-based architecture firm, to design a huge office building beside Grand Central Terminal.
SAN FRANCISCO-Construction of the 61-story Tower, which will contain 1.4 million square feet of office space and serve as a beacon for the City’s Transit hub in the heart of downtown San Francisco.
SAN FRANCISCO-Starwood intends to sell the first mortgage in the near term to increase its investment returns while retaining the mezzanine loan on 100 Montgomery.
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.