Allison Landa
Killam Properties Teams with Kuwait Finance on $450M Canadian M-F JV
Reaching beyond North American borders, Halifax, N.S.-based Killam Properties Inc. has found a real estate investment partner with deep pockets.
First Potomac Lands Tenant for Entire 93,000-SF Suburban D.C. Office Building
Under a new 12-year agreement, Vocus will relocate its corporate headquarters to an entire building at First Potomac’s 313,000-square-foot Ammendale Business Park in Beltsville, Md.
Starwood Launches Major Expansion of Aloft, Four Points Brands in India
Having closed on two funds totaling $2.8 billion earlier this month, Starwood Hotels and Resorts Worldwide, Inc. is taking its full pockets on a passage to India.
Yet Another Acquisition: Healthcare Trust Makes $40M Deal
Healthcare Trust of America is continuing its medical office building spending spree.
Fitch: Improved Liquidity May Have U.S. Equity Reits Shifting to Offense
According to a special report by Fitch Ratings, the liquidity picture is brightening for U.S. equity REITs.
Economy Watch: Retailers See the Green Shoots of Spring
Was it an early Easter — good weather after bad? A comparison to last year’s numbers, which were abysmal all around for retailers? Or were consumers just tired of their belt-tightening, penny-pinching ways, at least for now?
Balfour Beatty Team Tapped for $900M DFW Airport Project
Dallas/Fort Worth International Airport is undergoing a massive makeover and Balfour Beatty Construction, along with its joint-venture partners, will do the handiwork.
Voit: Orange County Office Market Shows Signs of Stabilizing
In Orange County, Calif., an office market hard-hit by the recession and in particular the disappearance of real estate-related businesses, there are signs of revival.
North American Development Enters California Market with $23.5M Shopping Center Acquisition
Shopping center development firm North American Development Group has taken a toehold in the Golden State. The company has acquired Rock Creek Plaza, a 205,100 square-foot regional shopping center in the town of Auburn near Sacramento.
Equity Snaps up $167M Luxury D.C. Property
In another example of commercial real estate companies taking advantage of distressed-asset availability, Equity Residential has purchased a luxury Washington, D.C. apartment property in an all-cash $167 million transaction.