Eliza Theiss
Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com
Stirling Properties Expands Holdings in United Plaza Office Park
Stirling Properties has led a group of local investors in purchasing United Plaza VIII, a three-story Class A office building located in the United Plaza Office Park in Baton Rouge.
Paramount Lodging Advisors Closes Sale of 118-Key Memphis Hotel
Paramount Lodging Advisors (PLA) completed the sale of the 118-key Drury Inn & Suites Northeast Memphis on behalf of DSW Inns, LLC, announced the hospitality industry-centric brokerage and advisory firm.
Al Futtaim Group to Open 2 MSF Cairo City Mall
Al Futtaim’s real estate development and operations division is set to develop Cairo Festival City Mall, Egypt’s first-ever indoor-outdoor shopping center.
Lincoln Harris Eyes 480KSF Office Project, Amid Strengthening Market Fundamentals
Charlotte-based Lincoln Harris has announced plans to develop 480,000 square feet of office space on the former Maersk site in SouthPark, according to a report by the Charlotte Business Journal. Dubbed the Capitol Towers at Carnegie due to design and architecture evocative of Washington D.C., as well as the site’s location on the corner of Carnegie Boulevard and Congress Street, the project is expected to break ground by June 2014.
$108M Wind Energy Research Facility Dedicated by Clemson University
Clemson University has dedicated the SCE&G Energy Innovation Center, a globally unique energy systems research and testing facility, in a ceremony attended by an international audience of more than 1,000 people, among which were elected representatives, industry executives and U.S. Department of Energy officials, including U.S. Deputy Secretary of Energy Daniel Poneman.
Nordstrom to Open New Store in Strong Nashville Retail Market
Nordstrom Inc., the popular Seattle-based retailer has announced plans to open a new Tennessee location in the affluent Nashville suburb of Brentwood.
Tiffany’s, H&M Open in French Quarter
New Orleans, the city that not so long ago had one of the biggest shortages of retail in the nation, just keeps adding retail options. From big-box retailers such as Walmart to affordable fashion icon H&M to luxury retailers, such as Tiffany’s, everybody seems to want to set up shop in the Big Easy
Schletter Celebrates140KSF Facility Grand Opening; DataChambers Breaks Ground on 50KSF Data Center
Schletter Inc., a global manufacturer of photovoltaic mounting systems has celebrated the grand opening of its new North American headquarters and manufacturing site in Shelby, NC.
IMMOFINANZ Subsidiary Buys M-F Portfolio in Berlin for $81M
BUWOG, a wholly-owned subsidiary of IMMOFINANZ Group, has bought a 1,185-unit residential portfolio in the greater Berlin area, stemming from an insolvency estate, for $81 million.
Lodging Capital Partners and Lubert-Adler Team Up On Embassy Suites Memphis Acquisition
Real estate investment banking firm RobertDouglas announced it has advised Chicago-based Lodging Capital Partners LLC and Philadelphia-based Lubert-Adler Management Co. on the $22.6 million acquisition financing of the 220-key Embassy Suites Memphis.