Sector Insight

Four-Building Intersect Office Campus Set for Clean Energy Upgrades

MetLife Investment Management (MIM) has signed an agreement with DSD Renewables to install a 2.2-megawatt solar project and 510 kWh Battery Energy Storage System at Intersect, a creative office campus in Irvine, on behalf of owners PGGM and MetLife. The four-building rooftop and car canopy solar project will generate more than 3.5 million kWh of

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Orange County Leases 70K SF with Drawbridge Realty

The County of Orange has signed a long-term lease with Drawbridge Realty to occupy approximately 70,000 square feet at 1700 E. St Andrew Pl., located one block from the 55 freeway in Santa Ana. Lease terms were not disclsoed. Mike Embree, managing director and SVP, Drawbridge Realty, said, “1700 E. St Andrew is a quality building which

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San Diego Design Center Opens Collaborative Space

Local design leaders are joining forces to reinvigorate the San Diego Design Center, a 15,344-square-foot office campus located at 3605 Fifth Ave, in Hillcrest. Sean Slater and Frank Wolden of architecture, planning and interiors firm RDC, David McCullough of McCullough Landscape Architecture, and property owner Graham Hollis of Blue Sapphire Holdings are collaborating to bring back

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Clorox-Leased Pleasanton Offices Trade at Steep Discount

A Pleasanton office complex mainly occupied by Clorox, the consumer and household products titan, has sold for $73.5 million in a deal that hints at a feeble Bay Area office market, the Mercury News reported. The sale price suggests the complex of six office buildings has lost more than one-third of its value since the

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JLL Names Cynthia Kantor to Lead Project and Development Services

JLL has appointed Cynthia Kantor CEO of Project and Development Services (PDS), a newly created position. Based in Atlanta, Kantor now leads the full spectrum of PDS services globally, including managing the construction, development, design and branding of commercial real estate projects. “There are many enduring trends shaping the evolution of the built environment, and the needs of

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