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Parkway Properties to Acquire Atlanta’s Buckhead Plaza for $157 Million

Parkway Properties to Acquire Atlanta’s Buckhead Plaza for $157 Million

High Rise Facilities | October 31, 2014

Orlando, Florida-based Parkway Properties has reached an agreement to acquire One Buckhead Plaza, a 462,000 square foot Class A high-rise office building located in Atlanta. The office tower, designed by Thompson, Ventulett, Stainback & Associates and built in 1988, is located at the intersection of Peachtree Road and West Paces Ferry Road in the Buckhead […]

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Pair of Beach Front High-Rise Residential Towers Planned for Fort Lauderdale

Pair of Beach Front High-Rise Residential Towers Planned for Fort Lauderdale

High Rise Facilities | October 31, 2014

The Related Group and Fortune International Group, both based in Miami, have partnered with The Fairwinds Group of Fort Lauderdale to develop a 171-unit, high-rise beachfront condominium complex in Fort Lauderdale on a 4.6-acre site that is the former home of Ireland’s Inn Beach Resort. “We have assembled a world-class team to create an unmatched […]

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The Durst Organization Tops Out Bjarke Ingels’ 450’ Tall 625 West 57th Street

The Durst Organization Tops Out Bjarke Ingels’ 450’ Tall 625 West 57th Street

High Rise Facilities | October 31, 2014

The Durst Organization today topped out 625 West 57th Street. A final bucket of structural cement was hoisted to the top of the 450’ tall building to mark the completion of the superstructure and the beginning of the final phase of construction. “When we first designed this building a lot of people told us that […]

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New Global Measurement Standard for Office Buildings to be Revealed Next Month

New Global Measurement Standard for Office Buildings to be Revealed Next Month

High Rise Facilities | October 30, 2014

Next month a new standard for measuring office space square footage will be released by the International Property Measurement Standards Coalition (IPMSC). The coalition, formed in May 2013, is an international group of professional and not-for-profit organizations working together to develop and embed a single property measurement standard. At present, the way office floor space […]

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Report: 5 Ways That “Going Green” Can Boost Productivity

Report: 5 Ways That “Going Green” Can Boost Productivity

Rebecca Taylor | October 29, 2014

Next time you look around a mid-afternoon meeting and see nothing but stifled yawns and drooping eyelids, don’t think about replacing the espresso machine—think about going green. A new report by the World Green Building Council (WGBC) and JLL titled “Health, Well-being and Productivity in Offices: The Next Chapter for Green Building” finds that a […]

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Construction Complete for 26-Story Minneapolis Residential High-Rise

Construction Complete for 26-Story Minneapolis Residential High-Rise

High Rise Facilities | October 29, 2014

The Opus Group has completed The Nic on Fifth, a luxury high-rise apartment complex in downtown Minneapolis. The 26-story development is the first of its kind to be built in the downtown Minneapolis core in nearly three decades. Designed by Minneapolis-based Elness Swenson Graham Architects, construction began November 2012. Dave Menke, president of Opus, said […]

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Self-Climbing Elevator Installed at Toronto High-Rise Construction Site

Self-Climbing Elevator Installed at Toronto High-Rise Construction Site

High Rise Facilities | October 29, 2014

Canadian home builder Great Gulf has installed a pair of self-climbing elevators at One Bloor, a high-rise condominium under construction in Toronto. KONE JumpLift, which has already been installed in Europe, Asia, the Middle East, China and Australia, is an advanced, self-climbing elevator that operates during construction in a building’s permanent hoistway. It uses a […]

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20-Story Residential High-Rise Breaks Ground in Houston’s Museum District

20-Story Residential High-Rise Breaks Ground in Houston’s Museum District

High Rise Facilities | October 28, 2014

StreetLights Residential (SLR) recently broke ground on a new 20-story high-rise development – The Carter. Sitting on nearly 2 acres, the project site is just off Chelsea Blvd., between Montrose and Travis St. in the Houston Museum District. SLR CEO Doug Chesnut said: “We pride ourselves on creating a luxury, hotel-like environment with each of […]

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29-Story Mixed-Use High-Rise Planned for 1919 Market Street, Philadelphia

29-Story Mixed-Use High-Rise Planned for 1919 Market Street, Philadelphia

High Rise Facilities | October 27, 2014

Brandywine Realty Trust has formed a 50/50 joint venture partnership with LCOR/CalSTRS for a mixed-use development located at 1919 Market Street in Philadelphia, Pennsylvania. The joint venture is planning a 29-story, 455,000 square foot contemporary glass tower in a mixed-use development consisting of residential, retail and parking components. The project will be comprised of 321 […]

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Energy Efficient Alternative to Linear Fluorescent Lights

Energy Efficient Alternative to Linear Fluorescent Lights

Press Release | October 24, 2014

New light fixtures have been introduced to provide an energy efficient alternative to Linear Fluorescent recessed fixtures. The fixtures, from Halco Lighting Technologies, are called ProLED Panel Light fixtures. Halco offers two unique styles – the Panel and Volumetric Series. The Panel Light Series provides a sleek, classic look while the Volumetric Light Series’ architectural […]

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For Sale: 1896 Lord’s Court Tower, Once the Tallest in Lower Manhattan

For Sale: 1896 Lord’s Court Tower, Once the Tallest in Lower Manhattan

High Rise Facilities | October 24, 2014

Brooklyn-based real estate firm Weiss Realty has retained Eastern Consolidated to market 40-42 Exchange Place, a 20-story office building with ground floor retail in Lower Manhattan. The Weiss family has owned the high-rise for about 25 years. Expected to fetch around $140 million, the building primed for a major office building reposition, or conversion to […]

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Sales Center Opens for 60-Story Millennium Tower Boston

Sales Center Opens for 60-Story Millennium Tower Boston

High Rise Facilities | October 23, 2014

Millennium Partners has opened a sales center for Millennium Tower Boston, a residential high-rise under construction at 1 Franklin Street. The sales center is located at 40 Franklin Street across from the site of the former Filene’s Department Store and Burnham Building. The 60-story Millennium Tower Boston, designed by Blake Middleton of Handel Architects, will […]

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Thor Equities Acquires 26-Story High-Rise at 530 Fifth Avenue for $595 Million

Thor Equities Acquires 26-Story High-Rise at 530 Fifth Avenue for $595 Million

High Rise Facilities | October 23, 2014

Thor Equities has closed on the acquisition of 530 Fifth Avenue in New York City from a partnership comprised of Rockwood Capital, Jamestown, Crown Acquisitions and Murray Hill Properties. The sale price was $595 million. The 26-story office and retail high-rise occupies the entire western block of Fifth Avenue between 44th and 45th Streets. Rockwood, […]

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JLL Hires Lucy Carter as Senior Vice President in New York

JLL Hires Lucy Carter as Senior Vice President in New York

High Rise Facilities | October 22, 2014

JLL has hired Lucy Carter as a senior vice president in its Project and Development Services group in New York. Her responsibilities include new business development, strategic sourcing and resource alignment across the firm’s New York tri-state operations. Carter has more than 20 years of experience in new business development, marketing and corporate communications within […]

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Balfour Beatty to Construct High-Rise Houston Hospital Expansion

Balfour Beatty to Construct High-Rise Houston Hospital Expansion

High Rise Facilities | October 22, 2014

The largest medical center in the world will soon be even larger. Memorial Hermann Healthcare System (MHHS) in Houston has selected Balfour Beatty Construction to provide preconstruction and construction services for a major renovation and high-rise expansion of the Texas Medical Center campus. The $533 million master plan project includes construction of the Hermann Pavilion […]

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Over 300,000 Square-Feet Leased in October at 919 Third Avenue

Over 300,000 Square-Feet Leased in October at 919 Third Avenue

High Rise Facilities | October 22, 2014

One of the top grossing law firms in the world, Schulte Roth & Zabel LLP, has signed a 15-year renewal lease covering 283,894 square feet for its headquarters at 919 Third Avenue in Midtown Manhattan. The space is comprised of the entire 19-27 floors. Designed by Skidmore, Owings and Merrill, 919 Third Avenue was completed […]

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Wood Partners Breaks Ground on $100 Million 33 Peachtree Place in Atlanta

Wood Partners Breaks Ground on $100 Million 33 Peachtree Place in Atlanta

High Rise Facilities | October 21, 2014

Wood Partners has begun construction on 33 Peachtree Place, a $100 million, 369-unit residential and retail development on the site of a former parking lot on West Peachtree Street in Midtown Atlanta. The project will include a high-rise and mid-rise apartment building and 20,000 square feet of base-level retail space. Wood Partners expects construction on […]

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Stream Realty Partners Sells Houston High-Rise to Principal Financial Group

Stream Realty Partners Sells Houston High-Rise to Principal Financial Group

High Rise Facilities | October 21, 2014

After an extensive renovation and re-branding, Stream Realty Partners and DRA Advisors have sold The Bellevue, a 120,000 square foot office building at 2323 S. Shepherd in the River Oaks community of Houston, to Principal Financial Group. The purchase price was not disclosed. Stream acquired the 14-story building in 2011 from Younan Properties Inc. The […]

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