Steve Guggenmos

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  • Watt Plaza Recertified to LEED Platinum Level

    The office asset exceeded its previous Platinum LEED certification by five points. In addition, the property consistently achieved high Energy Star rating every year since 2004, reaching 98 out of 100 this year.

    30 May 2017 21:52
  • SL Green, Vornado Snag $1.2B Refi for Manhattan Tower

    The new loan on the 280 Park Ave. office building, now 97 percent leased following its emergence from a sweeping $150 million renovation, replaces the $900 million refinancing secured in 2016.

    28 August 2017 09:03
  • Investors Cash Chips in Las Vegas

    Apartment construction slowed in 2016 to 2,000 new units, likely because of oversupply of single-family home rentals. But development looks promising, with more than 4,500 units under construction, according to Yardi Matrix.

    04 May 2017 08:02
  • Tori Sunderman Climbs the Ladder at C&W

    Sunderman is now a senior director in the commercial real estate services firm’s Cincinnati office. Prior to her new role, she was senior associate.

    07 June 2017 14:39
  • Rexford Acquires, Sells Industrial Properties in CA

    The company bought Safari Business Center in Ontario for $141.2 million and sold a two-building property at 2535 Midway Drive in San Diego.

    29 May 2017 08:17
  • Skanska Breaks Ground on $343M NJ Hospital

    The 204-bed facility designed by Array Architects is slated for completion by December 2019. This will be the company’s largest Integrated Project Delivery development to date in North America.

    30 May 2017 23:14
  • Car Parts Manufacturer to Bring $60M Investment to Springfield

    The Japanese auto parts manufacturer previously announced a $10 million investment, but it now significantly expanded the project. Topre America intends to build a 150,000-square-foot facility in Clark County, Ohio, that will create 85 jobs.

    04 April 2017 13:14
  • Breaking Down Brooklyn Retail: A New Manhattan?

    The retail market in Brooklyn is bucking national trends, with prices and rents for retail properties on the rise as the borough experiences a population boom. But the surge in popularity comes with its challenges, notes GFI Realty Services President Michael Weiser.

    06 September 2017 15:10
  • Mack-Cali’s NJ Horizon Center Hits the Market

    The REIT named Newmark Knight Frank as exclusive agent for the sale of a six-building office/flex portfolio located in Hamilton, N.J. The sale is part of the firm’s disposition plan of non-core assets.

    07 June 2017 20:28
  • SoCal Delivering for Investors in San Diego

    The city's multifamily market continues to attract robust investor demand, with transaction activity hot off 2016’s cycle high and already at $1 billion year-to-date through July. The market boasts the fourth-highest occupancy rate among major U.S. metros. As a result, rents were up 4 percent year-over-year as of August, well above the national rate.

    19 October 2017 13:59