Duke Inks Deal with Automotive, Chemical Company in IL

Duke Realty Corporation signed a lease with Old World Industries to occupy all of Crossroads Parkway 605, a 354,400-square-foot building in Bolingbrook, IL. The automotive and chemical company, best known for its PEAK brand of motor oil, antifreeze and other automotive products, will take occupancy of the building located at 605 W. Crossroads Pkwy. The

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Boston’s $1.35-Billion Winthrop Center MXU Launched

MP Boston commenced construction on Winthrop Center, a $1.35-billion mixed-use development in Downtown Boston. Set to be completed in spring 2022, the project will feature 750,000 square feet of office, 420 residential units, as well as a mix of retail, dining, and commercial space, along with a curated public gathering space. The endeavor is the

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425K-SF Craftsman Plant Coming to Fort Worth

Stanley Black & Decker announced it would expand its manufacturing footprint in the United States, with a new Craftsman manufacturing plant in Fort Worth. Construction will launch in summer 2019 on the 425,000-square-foot plant, located in Hillwood-owned AllianceTexas, near Interstate 35W.  The facility is scheduled for completion in late 2020. The new plant will manufacture

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Indoor Adventure Park Lands in Sterling, VA

ZAVAZONE is taking over a former indoor baseball practice facility and creating a 34,000-square-foot indoor adventure park in Sterling, VA. Located at 45685 Oakbrook Court, the facility will be its second when it opens next month, following the opening of a site in Rockville, MD in April 2016. Transwestern’s Ethan Bernardi and Nathan Bortnick represented

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CapRidge Claims Office Campus in Denver for $71M

Austin, TX-based CapRidge Partners, LLC acquired Westmoor Place 8, 9 and 10, a three-building, Class A office campus totaling 428,029 square feet in Westminster, CO. The property was sold by an unnamed party for $71.1 million. The assets are located at 11400, 11300 and 11000 Westmoor Circle in Denver’s Northwest submarket, between Denver and Boulder.

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Dirt Work Begins on 100K-SF MXU in Baton Rouge

Site work has begun on the $30 million City Square, a 100,000-square-foot, mixed-use development at Bluebonnet Boulevard and Highland Road in Baton Rouge, LA. Developer Kevin Nguyen is building the complex, which will offer 75,000 square feet of retail, with the remainder given over to office space. Nguyen bought the 17-acre parcel in two phases,

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Donaldson, Declaration, Angelo & Gordon Grab Maryland MF

Rockville, MD-based The Donaldson Group, New York-based Declaration Capital, and New York-based Angelo, Gordon & Co. acquired Plaza Towers Apartments for roughly $42.6 million, in an off-market transaction. The 288-unit high rise apartment community is located in Hyattsville, MD. The Donaldson Group’s John Majeski says, “Plaza Towers is a well-built apartment community in a fantastic

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Natixis Originates $231M for Boston’s Congress Square

Natixis provided $230.7 million in floating-rate financing to Related Fund Management for the refinancing of a mixed-use building known as Congress Square in Boston. Located at 40 Water St., the property is situated in the Post Office Square neighborhood of Boston’s Financial District. Congress Square is a newly-renovated, 16-story, Class A, mixed-use building with 369,617 square

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Qinghua International Readies to Build 690-Unit Condo

Hong Kong developer Qinghua International Holdings Ltd. has filed a sewer connection permit with the City and County of Honolulu’s Department of Planning and Permitting, to build a 690-unit condominium tower. The development on the 1300 block of Kapiolani Blvd. in Honolulu will also include a 75-seat restaurant, 7,200 square feet of retail space and

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