650 California Street

Comstock and DivcoWest Announce New Leases at Premiere Clarendon Office Property

Retrieved on: 
Monday, August 1, 2022
Courthouse, R, Time, GLOBE, CHCI, School, Comstock, Private sector, Sephora, Barnes & Noble, Hartford Building (Dallas), Health, Marketing, CIRCA, 650 California Street, Apple, Tenant, Wine, Clarendon station, LC, DFS, Transport, Heart, Nasdaq, Program, Growth, Communication, Whole Foods Market, Property management, Risk management, Greystar Real Estate Partners, D.C

RESTON, Va., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”) and DivcoWest announced today two new leases at the Hartford Building, located in the Clarendon neighborhood of Arlington, Virginia. Greystar, a leader in the investment, development, and management of high-quality rental housing properties, will occupy 10,166 sq. ft., and DFS Construction, an Arlington-based construction company, has leased 11,869 sq ft.

Key Points: 
  • RESTON, Va., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (Comstock) and DivcoWest announced today two new leases at the Hartford Building, located in the Clarendon neighborhood of Arlington, Virginia.
  • Comstock acquired the Hartford building in 2019 in a joint venture with Comstock Partners, LC, an affiliated private company, and DivcoWest, a vertically integrated investment firm headquartered in San Francisco, California.
  • Our longstanding relationship with Comstock Companies and DivcoWest made this trophy building an easy choice for our new offices.
  • These leases represent significant growth in our office leasing at the property, which continues to attract quality tenants.

Comstock Arranges $350+ Million Financing Package to Refinance First Three Completed Trophy Office Towers at Reston Station

Retrieved on: 
Monday, October 4, 2021
Blackstone, Comstock, Hartford Building (Dallas), 650 California Street, Reston Station, Dulles Corridor Users Group, Starbucks, Farmer, Spotify, Risk, Google, Partner, Annual report, Dulles Corridor, Private Securities Litigation Reform Act, NASDAQ, Dulles, Income, CHCI, LC, Company, Securities & Exchange Commission of Pakistan, Phillumeny, Megaphone, Marketing, GLOBE, Environment, Metro, RMP, Neustar, Tower, Bank of America, Forward-looking statement, Contract, IWG plc, Bank, Nasdaq, CVS, Rail transport, Property management, Retail

In connection with the closing of the transaction, CHCI received ~$2.6 million in debt and equity origination fees.

Key Points: 
  • In connection with the closing of the transaction, CHCI received ~$2.6 million in debt and equity origination fees.
  • The recapitalization package replaces construction loans provided by Bank of America covering 1900, 1902, and 1906 Reston Metro Plaza (the RMP Offices).
  • Retail tenants servicing the RMP Offices include Starbucks, CVS, Founding Farmers, matchbox, Bigs Buns Burgers, and Salon Nordine.
  • Comstock specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Creditflux Selects Saratoga Investment Corp As The 2021 Best U.S. Boutique CLO Manager

Retrieved on: 
Monday, September 20, 2021
Partnership, CCC, IRR, Compliance, Investment Company Act of 1940, Solution, CLO, BDC, 650 California Street, Income, Globe, Clos, CEO, Company, LLC, Class F, Investment, NYSE, Industry, Security (finance), Bank

NEW YORK, Sept. 20, 2021 /PRNewswire/ --Saratoga Investment Corp ("Saratoga") (NYSE:SAR) ("Saratoga Investment" or "the Company"), a business development company ("BDC"), was selected as the recipient of the 2021 Best U.S.

Key Points: 
  • NEW YORK, Sept. 20, 2021 /PRNewswire/ --Saratoga Investment Corp ("Saratoga") (NYSE:SAR) ("Saratoga Investment" or "the Company"), a business development company ("BDC"), was selected as the recipient of the 2021 Best U.S.
  • Boutique CLO Manager by Creditflux, a London-based global publication and leading information source for the global market of credit funds and CLOs.
  • The 12th Creditflux Manager Awards are fully quantitative performance-based awards for the global CLO and credit fund management industry.
  • "We are extremely honored to be recognized by Creditflux as the Best US Boutique CLO Manager," said Christian Oberbeck, Chairman and CEO of Saratoga.

Atlas Awarded $4 Million Richards Boulevard Office Complex Project in California

Retrieved on: 
Tuesday, July 7, 2020
Articles, Business, Economy, Financial District, San Francisco, Building engineering, Concrete, Precast concrete, Reuse, Californias, 650 California Street, Atlas, Chief operating officer

The Company will provide all soils compaction testing, materials testing & special inspections services for four structural steel office buildings and a precast parking garage that will house 4,650 California state employees.

Key Points: 
  • The Company will provide all soils compaction testing, materials testing & special inspections services for four structural steel office buildings and a precast parking garage that will house 4,650 California state employees.
  • This is a great opportunity for Atlas and we are pleased to work with a valued partner of ours, the California Department of General Services, to deliver this project to the state, said Atlas COO, Gary Cappa.
  • The Richards Boulevard Office Complex is one of Californias largest government buildings, at an estimated construction value of $1 billion.
  • The complex features four high performance, collaborative and interconnected office buildings, with a rich amenities program calibrated for the needs of building occupants and a unique landscaping program.

Columbia Property Trust and WeWork Announce Joint Statement

Retrieved on: 
Thursday, July 2, 2020
Commercial Building & Real Estate, Construction & Property, REIT, WeWork, Law, 650 California Street, Lease, Columbia, Business, Private law

(NYSE: CXP) and WeWork Companies, Inc. today released the following joint statement:

Key Points: 
  • (NYSE: CXP) and WeWork Companies, Inc. today released the following joint statement:
    Columbia Property Trust and WeWork today announced that they have mutually agreed to terminate WeWorks lease at Columbias 149 Madison Avenue.
  • WeWork and Columbia Property Trust look forward to continuing their productive relationship at 80 M Street in Washington, D.C., and 650 California Street in San Francisco and providing a wide range of companies with first-class, flexible space solutions.
  • Columbia Property Trust (NYSE: CXP) creates value through owning, operating and developing Class-A office buildings in New York, San Francisco, Washington D.C., and Boston.
  • The Columbia team is deeply experienced in transactions, asset management and repositioning, leasing, development, and property management.