Independence Square

Embracing Changes in the Commercial Insurance Industry

The forward-looking technology landscape and the growing regulatory environment are reshaping the vital ways in which insurance companies engage with customers, especially in the U.S., the largest insurance market in terms of premium dollars in the world. Adjusting to changes is the answer for Franklin Street Insurance Services Director Ted Holler.

Equinix Acquires Istanbul Facility for $93M

The company acquired three buildings from Zenium, one of which currently serves as a colocation facility that generates annual revenues of $2.5 million.

From Deserted to Dynamic: A Cincinnati Success Story

Once considered one of the most dangerous places in the U.S., Cincinnati’s Over-the-Rhine neighborhood has become a development and business magnet. Over the last decade, the area has attracted more than $1 billion in investment. Travis Likes, first vice president at CBRE Cincinnati, explains this remarkable metamorphosis.

Prologis Inks 10 Leases at NJ Office/Flex Facility

The transactions encompass seven office leases totaling 31,725 square feet and three industrial leases counting 12,020 square feet. Tenants include Panalpina Inc., Hexim Pharmaceuticals and Public Service Enterprise Group.

Partnership Brings New Charter School to South Bronx

The building represents the first newly constructed facility in the Classical Charter Schools portfolio. The school is scheduled to open during the 2017-2018 academic year.

Terreno Expands Seattle Portfolio

The company purchased a 13,000-square-foot industrial building, near Seattle’s Port and SoDo district, for a total acquisition cost of $4 million.

Automotive Supplier to Open New Plant in Alexander County

Borealis Compounds Inc. intends to invest $15 million in a production facility in Taylorsville, N.C. The Austrian company will create 37 jobs.

Renewable Energy

Trinity Investments Adds New VP

The company added Craig Lovett as the new VP at its Honolulu office. He has more than 29 years of design, development, project management and construction experience.

JLL Continues Leasing Spree at Mission Center

Over the past 12 months, the company closed 10 leases at the property, totaling more than 80,000 square feet. The office park still has 10,000 square feet of available space.