NEWS



Press Release

Capital Center in Downtown Indianapolis Wins the 2014 TOBY Award

Capital Center, a twin office tower complex in Downtown Indianapolis, IN was awarded The Outstanding Building of the Year (TOBY) Award … ( more )




Press Release

Hertz Family Foundation Awards $82,485 Grant to Project Swim and Provides Swimming Lessons to Over 1,800 Children and Adults in Shreveport

The Hertz Family Foundation of Santa Monica has awarded a grant to the City of Shreveport, Louisiana in support of 2013 Project Swim … ( more )




Press Release

Hertz Family Foundation Marks its Fourteenth Year of Raising Funds to Benefit UCLA Heart Disease Center and Surpasses the $2.5 Million Mark.

The Hertz Family Foundation of Santa Monica has announced that total contributions now exceed $2.5 million over the 14 year lifetime of the Annual Appeal to support the Ahmanson/UCLA Adult Congenital Heart Disease Center … ( more )




Press Release

Hertz Family Foundation Awards $100,000 Grant to UCSD for Research on Genetic Causes of Congenital Heart Disease.

The Hertz Family Foundation of Santa Monica announced a major medical research grant to the University of California at San Diego… ( more )




Press Release

Hertz Investment Group Completes Acquisition of Riverview Tower in Knoxville, Tennessee

Riverview Tower is a 24-story Class-A landmark office tower containing 334,198 square feet and is the second tallest building in Knoxville … ( more )




Knoxville Biz

Hertz Investment Group buys $30.2M note on Riverview Tower

After a drawn-out struggle with cash-flow issues, one of Knoxville’s tallest buildings has changed hands. … ( more )




Press Release


Hertz Investment Group Completes Acquisition of Bridgewater Place Office Building in Grand Rapids, Michigan

The building features a distinctive design and remarkable tenancies including some of the area’s most highly regarded legal, financial, insurance and accounting firms … ( more )




GRBJ.com

Bridgewater Place stands out to new buyer

A familiar piece of the Grand Rapids skyline is going to change hands once again. … ( more )



Hertz Investment Group Completes Acquisition of Capital Center Twin Office Tower Complex in Indianapolis, Indiana

The complex is located one block from the Capitol Building and the Indiana Government Center, and is two blocks from the city’s Monument Circle … ( more )




IBJ.com

California firm snaps up downtown office towers

Hertz Investment Group said Wednesday that it has completed its purchase of the nearly 650,000-square-foot Capital Center in downtown Indianapolis. … ( more )




Press Release

Hertz Investment Group’s Gateway Center in Pittsburgh Leases 100,000 Square Feet to Gateway Health Plan

Four Gateway Center will become the principal headquarters for Gateway Health Plan which has been consistently named one of “America’s Best Health Plans” by U.S. News & World Report … ( more )




Press Release

Hertz Investment Group Acquires the 111 East Capitol Building in Jackson, Mississippi


The six-story 111 East Capitol office building at 111 East Capitol Street features an atrium lobby with skylights and three interior glass elevators … ( more )




Press Release

Hertz Investment Group Completes Acquisition of 14 Premier Commercial Real Estate Assets from Parkway Properties


The properties total 1.7 million square feet and are located in Jackson, Mississippi; Memphis, Tennessee; and Richmond, Virginia ...( more )




Press Release

Hertz Investment Group to Acquire Selected Assets from Parkway Properties


Hertz Investment Group confirmed agreement to acquire 15 commercial office buildings and two parking structures, totaling 1.9 million square feet in office and retail space ...( more )




South Florida City Biz List

Parkway Properties Completes 14-Property Sale, Replaces KPMG with E&Y

Hertz Investment Group confirmed Tuesday that it has completed the acquisition of 14 commercial buildings from Orlando-based Parkway Properties … ( more )




Memphis Business Journal

Hertz enters Memphis with a bang, will buy five premier office properties

CB Richard Ellis Memphis currently handles leasing at the four Memphis properties Hertz is purchasing. … ( more )




Memphis Daily News

Hertz Closes On Memphis CRE Portfolio

Hertz Investment Group LLC has completed its acquisition of five Memphis office buildings, marking the firm’s return to the Bluff City and focus shift to secondary and tertiary markets. … ( more )




Press Release

Hertz Family Foundation Announces $385,000 Gift to Fund UCLA Practice and Research Advancing Technology and Treatment for Congenital Heart Disease


ACHDC was the first medical center in the country specifically established to treat adolescents and adults with congenital heart disease ...( more )




Pittsburgh Business Times

Webb Law Firm plans move to Gateway Center in Downtown Pittsburgh


The new space is more efficient. It features more open floor plates that will allow staff to operate with a more collaborative, team approach … ( more )




Press Release

Hertz Investment Group Announces Multi-Million Dollar Upgrades for Regions Center in Jackson, Mississippi


Hertz Investment Group detailed today some of the most recent improvements it has been making at its Regions Center property in the city of Jackson – Mississippi's state capital … … ( more )




Press Release

Hertz Investment Group Leases 37,000 Square Feet in its Laclede Gas Building to McCormack Baron Salazar

The 434,912-square-foot Laclede Gas Building in St. Louis, Missouri now has an 85% occupancy rate … ( more )




Press Release

Hertz Investment Group Leases 11,500 Square Feet in Its Starks Building to Platinum Restaurant Group

Under a 15-year lease, Platinum will develop the space as an Eddie Merlot’s, an expanding national chain of upscale steak and seafood restaurants … ( more )




Business First of Louisville

Upscale Steakhouse Lease Brings Occupancy Rate for Starks Building Near 75 Percent

The occupancy rate in the 14-story, 346,000-square-foot building in Louisville, Kentucky has risen from about 45 percent when Hertz Investment Group LLC bought the building in 2006 … (more)




Wall Street Journal

A Deal for The Big Easy

The sale of Dominion Tower helped pave the way to keep the New Orleans Saints in the Superdome through 2025 and for New Orleans to host the Super Bowl in 2013 … (more)




Press Release

Hertz Annual Appeal for Adult Congenital Heart Disease Center At UCLA Passes $2-Million Mark in Funds Raised Over Ten Years

The ACHDC was the first medical center in the country specifically established to treat adolescents and adults and is today the largest of its kind in California. … (more)




Press Release

Hertz Family Foundation Completes $1 Million Grant to Wiesenthal Center’s Museum of Tolerance in Jerusalem

The $200-million Center for Human Dignity – Museum of Tolerance complex is currently under construction in Israel’s capital... (more)




Press Release

Hertz Family Foundation Announces $1.5 Million In Grants Made to Yeshiva Ohr Somayach in Jerusalem

The yeshiva, founded in 1970, caters mostly to young Jewish men, usually of college age... (more)




Press Release

Hertz Family Foundation Completes $1 Million Support Grant to Aleh Foundation in Israel

The Hertz Family Foundation of Santa Monica has completed a $1 million grant to Aleh, Israel's largest network of residential facilities for children with severe physical and cognitive disabilities... (more)




Press Release

Hertz Investment Group Sells New Orleans Dominion Tower Property to Zelia LLC


The sales agreement transfers the Hertz-owned 600,000-square-foot Dominion Tower office building, the 400,000-square-foot New Orleans Centre mall, and the 2,000-space New Orleans Center parking garage… (more)


The Times-Picayune

Benson Family Completes Purchase of Dominion Tower
 
Zelia LLC paid the California real estate investment firm Hertz Investment Group $42.1 million for the 26-story Dominion Tower office building… (more)


The Times-Picayune

As Real Estate Prices Plunge Across the Country, Investor Judah Hertz Says He’s Happy in Low-Key New Orleans

In the years before Hurricane Katrina, Judah Hertz made a great wager on New Orleans. The California real estate investor bought four major office buildings downtown, transforming himself almost overnight into the Central Business District's dominant landlord... (more)


Pittsburg Business Times

California Investment Group Puts Downtown Verizon Building Up For Sale

Hertz Investment Group snapped up the Verizon Building for about $6 million in early 2006 near the height of a commercial real estate buying frenzy that led some out-of-state investors to consider Pittsburgh’s relatively cheap investment opportunities... (more)


New York Times

A New Orleans Project is Missing Some Pieces

Mr. Hertz entered the downtown office market here in late 2002, buying four prime buildings — one-fourth of the inventory — in the three years before Hurricane Katrina… (more)


Memphis Business Journal

Downtown Tower to Change Hands

Judah Hertz, Hertz CEO, has a history of buying properties in central business districts and spending significant capital to renovate and reposition the assets… (more)


St. Louis Business Journal

Laclede Gas Building Bought by Hertz Group

Hertz Investment entered the St. Louis market in 2005 with its purchase of the 22-story Bank of America Tower at 100 N. Broadway from Irving, Texas-based Archon Group for $30 million… (more)


Kansas City Business Journal

Hertz Looks for More Property Similar to Commerce Tower

Along with the recent purchase in Kansas City, the investment group owns substantial amounts of real estate in New Orleans and Pittsburgh… (more)


Los Angeles Business Journal

Hertz Investment Buys K.C. Office Tower

Commerce Tower contains nearly 450,000 square feet and is the fifth-largest multitenant office building in downtown Kansas City… (more)


St. Louis Business Journal

Hertz Enters Market with $30 Million Downtown Buy

This month, the company bought its first office building in St. Louis, the 22-story Bank of America Tower at 100 N. Broadway from Irving, Texas-based Archon Group… (more)


Telegraph (U.K.)

America Has the Power to Mop Up New Orleans

Just weeks before the storm battered the American south, Judah Hertz had spent close to $100m (£54m) on two downtown office buildings, finalising a three-year campaign to build up a $200m property portfolio in The Big Easy… (more)


CNN/Money

Real Estate Owner Betting on New Orleans

Hurricane Katrina may have altered the face of New Orleans permanently but one real estate mogul says he's upbeat about the city's real estate market… (more)


Wall Street Journal

Bullish On New Orleans

New Orleans has a very special way of life and there is no question in my mind that the city will come back even stronger than it was… (more)


Pittsburgh Business Times

Hertz Purchase of Gateway Center Closes

The four buildings that make up Gateway were constructed between 1952 and 1960, and have a combined 1.5 million square feet of office space… (more)


Los Angeles Times

L.A.'s Oviatt Building Sells for $9 Million

The 12- story Oviatt Building featires frosted glass designed by Rene Lalique in windows and doors, a three-faced neon clock on the roof and a luxurious penthouse that includes a replica of a Pullman-car stateroom… (more)


Los Angeles Times

California Mart Is Sold to Hertz Investment

The owners of the California Mart, the center of Southern California's apparel and fashion business, have agreed to sell the complex to Hertz Investment Group… (more)