YOU CAN BUY THE GREEN NATIONAL OFFICE PORTFOLIO

May 10, 2013 on 8:45 pm | In Green, Investment Opportunities, Lights Camera Transaction, Office Fodder, Uncategorized, Winning Properties | 3 Comments

by Jodi Summers

You can buy the National Office Portfolio = six significant office assets have attained a level of LEED certification and the portfolio is available free and clear of existing debt.

Spread across the country in such desirable cities as Los Angeles, Dallas, Houston, Washington, D.C., and West Palm Beach, FL. all totaled, nearly 2 million square feet of office space.

Here’s what’s included in the deal:

• Los Angeles – 500 North Brand Ave. Located in the heart of Glendale’s Central Business District, this 22-story, 413,274-square-foot office building provides tenants with one of the area’s most exceptional office space alternatives. This premier high-rise is conveniently located adjacent to numerous retail, restaurants, and hotel amenities, including the Glendale Galleria, the to-be built Americana at Brand, and the Burbank-Glendale-Pasadena Airport (Bob Hope Airport).

• Washington, D.C – One Washingtonian Center, a Class A, LEED, 14-story, 315,929-square-foot office building in the Gaithersburg submarket of Washington, D.C. that recently renewed a lease with Sodexo Inc. to keep its headquarters in the building. Sodexo, is on Fortune’s list of The World’s Most Admired Companies, has the ambition is to become the premier expert in Quality of Daily Life service solutions.

• Palm Beach – Esperante Corporate Center, a 20-story, 256,151-square-foot, and LEED Gold landmark located at the gateway to Palm Beach – Esperante Corporate Center commands spectacular views of the Atlantic, the Intracoastal Waterway and Downtown. Having recently completed a $4.5 million renovation, achieving status, this Class A asset offers WiFi-enabled common areas, a 24/7 lobby attendant, valet parking and a six-story atrium ideal for corporate events. Tenants automatically become members of 5-Star Worldwide, an exclusive program of tenant services that adds value to every square foot.

• Houston – 2603 Augusta, a 16-story, 243,348-square-foot office building located in the West Loop/Galleria area, described as “Houston’s premier submarket.” 2603 Augusta offers Class A, boutique office space and all the amenities of the Galleria at your doorstep.

• Dallas – Preston Commons, 8111-8117 Preston Rd., Dallas 75225 – an office complex totaling 427,800 square feet that includes a pair of eight-story buildings located in the Preston Center submarket of Dallas. The building description boasts, “A revolution in tenant service, 5-Star Worldwide is an uncommonly smart choice for tenants who need a wide array of business and personal amenities to include conference facilities, technical support, a cafe and 5-Star Worldwide personal attention.”

• Dallas – Sterling Plaza, a 302,747-square-foot building asset at 5949 Sherry Lane in the Preston Center submarket of Dallas. Sterling Plaza has one prime objective: To become North Dallas’s premiere office destination offering VALUE, SERVICE, and a fabulous package of AMENITIES. Here, tenants enjoy a one-of-a-kind 5-Star Worldwide amenities program featuring executive conference facilities and concierge services. Come see why Sterling Plaza is “Where Business Shines.”

Interested? Contact us. We’re here to help you with your real estate needs. Please contact Jodi Summers and the SoCal Investment Real Estate Group @ Sotheby’s International Realty – jodi@jodisummers.com or 310.392.1211, and let us move forward together.

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http://www.esperantemgt.com/home.axis

http://www.costar.com/News/Article/CBRE-Shopping-US-Office-Portfolio/145922?ref=100&iid=324&cid=383F14EEE265B182474DA2442BACBBBF

http://www.socalgreenrealestateblog.com/?p=2646

http://www.loopnet.com/Listing/14598363/500-N-Brand-Blvd-Glendale-CA/

http://www.prestoncommonsdallas.com/home.axis

http://www.sterlingplazadallas.com/home.axis

http://2603augusta.com/PhotoGallery.axis

http://www.sodexousa.com/

3 Comments »

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  1. The Green Gap Trend Tracker survey tells us some things we already know: the majority of Americans (71%) keep the environment in mind when they shop, and almost half of people surveyed look for environmental information about specific products.

    But there are some communications issues that linger between companies and consumers. While 71% of consumers read and follow instructions on how to use products with environmental claims, just 66% go so far as to deal with disposal instructions. And only 41% do additional research on proper disposal–presumably because 85% of those surveyed think that it’s the company’s responsibility to make sure consumers know how to use and dispose of so-called “green” products.

    Comment by Fast Company — May 16, 2013 #

  2. Didja know, according to the LOS ANGELES COUNTY
    DEPARTMENT OF PUBLIC WORKS, east and west thoroughfares shall be called streets, and north and south thoroughfares shall be called avenues.

    Comment by DPW — May 19, 2013 #

  3. Hanley Wood LLC, the premier media, event, information and strategic marketing services company serving the construction industry and the U.S. Green Building Council (USGBC) announced today a strategic partnership whereby Hanley Wood has acquired the Greenbuild International Conference and Expo.

    USGBC will continue to produce Greenbuild’s hallmark programming: the thought-provoking plenaries, industry-leading education, the popular pre-conference sector summits, the USGBC Leadership Awards and other special events that make Greenbuild the leading conference and expo for the green building movement. Hanley Wood’s expertise in exhibition and conference management along with its media, information and strategic marketing services will enable Greenbuild to expand to its next level domestically and to help position the brand globally.

    Comment by RLM Finsbury — May 25, 2013 #

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