Cushman & Wakefield

AmpUp Adds Powerhouse Ventures As Strategic Investor

Retrieved on: 
Tuesday, September 21, 2021

CUPERTINO, Calif., Sept. 21, 2021 /PRNewswire/ --Electric vehicle charging provider AmpUp has secured additional capital from leading cleantech investment firm Powerhouse Ventures .

Key Points: 
  • CUPERTINO, Calif., Sept. 21, 2021 /PRNewswire/ --Electric vehicle charging provider AmpUp has secured additional capital from leading cleantech investment firm Powerhouse Ventures .
  • Powerhouse joins Goodyear ($GT), TechNexus, Foothill Ventures, and other firms in AmpUp's latest funding round.
  • Powerhouse Ventures is a seed-stage venture fund that backs founding teams building innovative software to rapidly transform our global energy and mobility systems.
  • "We're proud to partner with distinguished investor Powerhouse Ventures as we move into our next phase of growth," said CEO of AmpUp Thomas Sun.

Cushman & Wakefield Commits to Industry-Leading Science Based Targets and Reaching Net Zero Emissions Across Its Value Chain by 2050

Retrieved on: 
Thursday, September 16, 2021

In addition, by signing up to the Business Ambition for 1.5C campaign, Cushman & Wakefield pledges to reach net zero emissions across its entire value chain by 2050.

Key Points: 
  • In addition, by signing up to the Business Ambition for 1.5C campaign, Cushman & Wakefield pledges to reach net zero emissions across its entire value chain by 2050.
  • Leading by example, the firm commits to partnering with its clients (representing 70% of its scope 3 value chain emissions) to set their own science-based targets by 2025.
  • Additionally, by 2050, the firm pledges to achieve net zero emissions across its entire value chain, encompassing all direct and indirect business elements that contribute to GHG emissions (scopes 1, 2 and 3).
  • "By setting ambitious science-based targets grounded in climate science, Cushman & Wakefield is taking action to prevent the most damaging effects of climate change."

LPC Ventures Joins Series C Funding for Measurabl, World’s Leading ESG Data Analytics Company

Retrieved on: 
Tuesday, September 14, 2021

LPC Ventures, the venture capital arm of national real estate firm Lincoln Property Company, today announced it has joined the Series C funding round for Measurabl, the worlds most widely adopted ESG data management company for commercial real estate.

Key Points: 
  • LPC Ventures, the venture capital arm of national real estate firm Lincoln Property Company, today announced it has joined the Series C funding round for Measurabl, the worlds most widely adopted ESG data management company for commercial real estate.
  • LPC Ventures invests in cutting-edge technology that benefits clients and partners, expanding innovation initiatives at properties that Lincoln Property Company develops and manages.
  • LPC is excited to continue to support Measurabl as the leading ESG data analytics company and continue to put our efforts behind strengthening our clients and our own ESG efforts, said David Binswanger, Senior Executive Vice President of LPC.
  • LPC Ventures joined other participants including Starwood Capital, real estate services companies Colliers, and Cushman & Wakefield as well as repeat investors S&P Global, Sway Ventures, Salesforce Ventures, Constellation Technology Ventures and Building Ventures.

KBS Signs Four-Floor Lease Extension With 72-Year-Old Law Firm at 510,268 Square-Foot Class A Office Property in Atlanta, Georgia

Retrieved on: 
Tuesday, September 14, 2021

The property, the first LEED Silver Core & Shell-certified building constructed in the world, is part of Singapore-based PRIME US REIT's portfolio.

Key Points: 
  • The property, the first LEED Silver Core & Shell-certified building constructed in the world, is part of Singapore-based PRIME US REIT's portfolio.
  • KBS, one of the largest investors in premier commercial real estate, serves as the U.S.-based asset manager for the portfolio.
  • The Atlanta market is experiencing a record high construction pipeline and healthy leasing performance , especially in the midtown submarket.
  • Glenn Kolker and Sonia Winfield of Cushman & Wakefield represented KBS as asset manager for PRIME US REIT in the lease transaction.

Cushman & Wakefield Named World’s Best Real Estate Advisor and Consultant by Euromoney for Fourth Consecutive Year

Retrieved on: 
Tuesday, September 14, 2021

Cushman & Wakefield (NYSE: CWK) announced today that the firm was named the worlds best commercial real estate advisor and consultant overall for the fourth consecutive year by Euromoneys annual 2021 Global Real Estate Survey.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) announced today that the firm was named the worlds best commercial real estate advisor and consultant overall for the fourth consecutive year by Euromoneys annual 2021 Global Real Estate Survey.
  • 1 advisor and consultant for Property Valuation and Research, each for the fourth consecutive year; No.
  • Were proud to be continually recognized as the real estate firm of choice globally, said John Forrester, President of Cushman & Wakefield.
  • Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners.

Measurabl Closes $50 Million Series C, Expands World's Leading ESG Technology Platform for Real Estate

Retrieved on: 
Tuesday, September 14, 2021

SAN DIEGO, Sept. 14, 2021 /PRNewswire-PRWeb/ --Measurabl, the world's most widely adopted ESG (environmental, social, governance) technology platform for real estate, announced today it has closed $50 million in Series C funding.

Key Points: 
  • SAN DIEGO, Sept. 14, 2021 /PRNewswire-PRWeb/ --Measurabl, the world's most widely adopted ESG (environmental, social, governance) technology platform for real estate, announced today it has closed $50 million in Series C funding.
  • It is also the only real estate ESG platform to have achieved mass global adoption.
  • "Measurabl is a pioneer in real estate ESG and continues to lead in this space," says Richard Mattison, President of S&P Global Sustainable1.
  • Matt Ellis, previously Director of Sustainability Solutions at CBRE, founded Measurabl in 2013, making Measurabl a first mover in ESG software for real estate.

CapRock Partners Starts Development on Largest Speculative Industrial Complex in the History of Phoenix

Retrieved on: 
Monday, September 13, 2021

CapRock Partners , a leading industrial investor, developer and asset manager in the Western U.S., today announced the development commencement of CapRock West 202 Logistics, the largest speculative industrial real estate project in the history of the City of Phoenix.

Key Points: 
  • CapRock Partners , a leading industrial investor, developer and asset manager in the Western U.S., today announced the development commencement of CapRock West 202 Logistics, the largest speculative industrial real estate project in the history of the City of Phoenix.
  • CapRock is transforming one of the largest remaining infill land sites in the Southwest Phoenix submarket into a state-of-the-art eight-building, Class A industrial warehouse complex totaling 3.4 million square feet.
  • View the full release here: https://www.businesswire.com/news/home/20210913005151/en/
    CapRock Partners is developing CapRock West 202 Logistics, a new 3.4-million-square-foot Class A industrial warehouse complex within the city of Phoenix.
  • CapRock West 202 Logistics is a critical project for CapRock Partners as one of the fastest growing industrial real estate firms in the West, added Pharris.

Cushman & Wakefield Japan Offers 3D Virtual Property Tours

Retrieved on: 
Thursday, September 9, 2021

TOKYO, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Cushman & Wakefield Japan has introduced Matterports 3D virtualization tool to provide first-class property assessment and enhanced property marketing services.

Key Points: 
  • TOKYO, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Cushman & Wakefield Japan has introduced Matterports 3D virtualization tool to provide first-class property assessment and enhanced property marketing services.
  • According to Matterport, 3D virtual tours increase audience engagement by over 300% in comparison to 2D imagery.
  • Cushman & Wakefields Leasing Management Services in Japan is offering the Matterport 3D virtual experience across all its retained properties.
  • We are delighted to be selected by Cushman & Wakefield Japan for all of their Leasing Management mandates.

Dallas-Based Real Estate Investment Office Continues to Infiltrate St. Louis Market

Retrieved on: 
Wednesday, September 8, 2021

Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the acquisition of a five-building industrial real estate portfolio in St. Louis, Missouri, totaling 554,007 square feet.

Key Points: 
  • Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the acquisition of a five-building industrial real estate portfolio in St. Louis, Missouri, totaling 554,007 square feet.
  • The St. Louis market is third in total square feet owned by the company only to Sealys other prominent markets, Dallas and Memphis.
  • The transaction was led by Sealys Investment Services Team, led by the aforementioned Jason Gandy and Davis Gibbs, Senior Investment Associate.
  • Sealy & Company, a fully-integrated commercial real estate investment and operating company, is a recognized leader in acquiring, developing, and redeveloping regional distribution warehouses, industrial/flex, and other commercial properties.

Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company LLC in a $3.9 Billion Transaction

Retrieved on: 
Tuesday, September 7, 2021

Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired by funds managed by Pacific Investment Management Company LLC (collectively, PIMCO), one of the worlds premier global investment management firms, for $3.9 billion including Columbias proportionate share of consolidated and unconsolidated debt.

Key Points: 
  • Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a definitive agreement to be acquired by funds managed by Pacific Investment Management Company LLC (collectively, PIMCO), one of the worlds premier global investment management firms, for $3.9 billion including Columbias proportionate share of consolidated and unconsolidated debt.
  • Constance Moore, Chair of the Columbia Board of Directors, said, The Board of Directors is pleased to have reached this definitive agreement with PIMCO.
  • The Columbia team is deeply experienced in transactions, asset management and repositioning, leasing, development, and property management.
  • In connection with the proposed transaction, Columbia will file relevant materials with the SEC, including a proxy statement (the Proxy Statement).