Office

The latest deals, personnel moves and transactions in the Midwest region.

Seagate Properties used 30-year C-PACE financing by Cleanfund to install a 49.6 kW solar PV array on Seagate's San Rafael headquarters and in an office building in Sausalito using a 76 kW solar PV array.

The seller has invested more than $5.4 million in capital improvements since 2007, and the well-maintained property includes a recently renovated on-site conference center and café and 1,288 underground parking spaces.

Commercial construction totaled $23.8 billion between 2013 and 2017, yielding a total of more than 73 million new square feet of space. The last three years showed the strongest growth, with each year topping $5 billion and 16 million square feet of new commercial construction.

“40% of Generation Z said that working Wifi was more important to them than working bathrooms.”

Temasek expands to approximately 23,000 square feet in RFR Realty's office tower.