Anca Gagiuc
Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com
Round Rock’s Cypress Semiconductor Campus Acquired by World Class Capital Group
By Anca Gagiuc, Associate Editor
The long abandoned Cypress Semiconductor campus in Round Rock has found its new owner. Austin-based World Class Capital Group LLC announced the acquisition from Cypress Semiconductor Corporation who closed the facility in 2009.
IHG Offloads InterContinental Mark Hopkins San Francisco in $120 Million Transaction
The California hospitality market recently saw a major boost when the first hotel facility to be developed in the city’s core in a number of years was announced. Now, a major acquisition deal was completed for one of the most high-profile hotels in the city of San Francisco.
Emaar Properties JV to Develop RE Projects in Saudi Arabia
Abdul Latif Jameel and Emaar Properties have officially gone into business together, looking to develop a number of projects in the Kingdom of Saudi Arabia.
Hines Acquires a Portion of The Rim Outdoor Retail Center
By Anca Gagiuc, Associate Editor
The Northwest San Antonio is developing at very high speed. The latest acquisition is evidence of high interest coming from the investors – Hines Global REIT, Inc. announced it purchased the retail interest of Georgia-based Thomas Land & Development in The Rim, the largest outdoor retail center in Texas.
Kaiser Permanente Kicks Off $900M Hospital in Kearny Mesa
San Diego has a reputation of being a city that has a lot to owe to the bio-med industry, a sector that has seen impressive progress in the metro area of the city. Now a new health care giant is making waves with a large development project. Kaiser Permanente has broken ground on a hospital campus that it is developing in the growing submarket of Kearny Mesa. The Oakland-based, integrated managed care consortium is investing around $900 million into the high-end facility. The new development will further aid the growth of the Kearny Mesa submarket
Seven-Acre Townhome Project Breaks Ground in Rezoned Sawmill District
By Anca Gagiuc, Associate Editor Located north of Albuquerque’s Old Town, the Sawmill district is an area that recently has been rezoned from industrial to residential. The scenery changes progressively into a colorful mix of housing, commercial spaces and industrial lots. A groundbreaking event was by Sawmill Community Land Trust and Sawmill Crossing Partners last […]
IMMOFINANZ-Owned BUWOG to Buy 18K-Unit Portfolio in Germany for $1B
BUWOG, the subsidiary of IMMOFINANZ Group, one of the largest entities of its kind in Europe, is giving the German multi-family market a boost by acquiring an 18,000-unit portfolio for $1.2 billion.
Embrey Partners Receives Approval for M-U Development
The border delimitating the urban and suburban areas of San Antonio started fading away when Embrey Partners announced that they received zoning approval to turn 8.2 acres of commercial space in the Legacy Shopping Center into an apartment development with 289 units. The property is located at Loop 1604 and Highway 281 in northern San Antonio and will be the third mixed-used community the company has built along the 281 corridor.
Los Angeles Apartment Communities Trade Hands as M West Expands Portfolio
The local multifamily market has had a good start to 2014, with a number of deals taking place since the beginning of the year. Recently, real estate investment services firm announced that it had arranged the sale of a three-multifamily property portfolio in the Santa Monica submarket of Los Angeles. Additionally, M West Holdings recently announced the acquisition of a number of residential properties, expanding its multifamily portfolio in the Los Angeles market.
MIG Buys Office/Medical Office Complex in Henderson
The Las Vegas office market has seen consistent improvement over the past year, up to a point where important transactions once again take place. Recently a new portfolio transaction was announced by real estate investment company MIG Real Estate. The Newport Beach-based entity acquired an eight-property office/medical office package located in Henderson for an undisclosed amount. A CBRE team arranged the transaction on behalf of the seller.