Gabriel Circiog
KBS REIT II and Hines Announce LEED Platinum Certification of 300 North LaSalle Office Tower
KBS REIT II along with Hines recently announced that 300 North LaSalle in Chicago has been awarded Platinum certification under the U.S. Green Building Council’s LEED for Existing Buildings category. The tower had previously received Gold certification under the LEED for Core & Shell Rating System.
Manulife Buys $580M Office Tower in Hong Kong’s CBD2
Manulife (International) Ltd. has signed a sale-and-purchase agreement with Wheelock Properties Ltd. for the West Tower at the One Bay East development in Kowloon East, Hong Kong.
HFF Secures Financing for 194-Unit Student Housing Project
Holliday Fenoglio Fowler recently announced it has arranged construction financing along with joint venture equity for the development of Metro Park East, a 194-unit student housing project at the University of Minnesota – Twin Cities in Minneapolis.
After 100 Years, Sunbeam Family Services Mounts $12M Campaign for New HQ on North Classen
Sunbeam Family Services, in an effort to raise funds for their relocation, has recently launched their “New Home, Forever Family” capital campaign.
Hayden to Convert Top Floors of Millennium Center to Apartments
Downtown St. Louis’ first glass-walled office tower, the Millennium Center, has been acquired by developer Brian Hayden who intends to move the existing tenants to lower floors and renovate the higher floors as apartments
InterContinental Hotels, NewcrestImage Team Up for Bricktown Hotel
InterContinental Hotels Group recently announced its newest development in Oklahoma City will be in the Bricktown entertainment area. The hotel company has partnered up with NewcrestImage to develop their new-build Holiday Inn Express at 101 East Main Street. Construction is expected to be finalized by year end and the grand opening is scheduled for early 2014.
Gladstone Announce $28M Mixed-Use Project to be Developed by Flaherty & Collins
Gladstone officials have announced plans for a $28 million apartment-retail project in downtown Gladstone. The project which will add 222 market-rate apartments and retail space is set to be developed and managed by Indianapolis-based Flaherty & Collins Properties
Interserve, Tiger Developments JV to Build $300M M-U Project in Edinburgh
Britain’s Interserve Plc has signed a joint venture deal with Scottish landowner Tiger Developments to construct and invest in the Haymarket area of Edinburgh.
Owner of $8.2 Million Locust Street Lofts Files for Bankruptcy
Locust Street Lofts LP has filed for Chapter 11 bankruptcy and has listed between one and 49 creditors in the filing, with estimated assets and liabilities ranging from $1 million to $10 million.
City Renews Hunt for M-F Developer to Top Off 10-Story Downtown Parking Structure
Construction is set to start on a new downtown Oklahoma City parking garage and the Oklahoma City Urban Renewal Authority is trying once again to attract interest in developing housing on the top floors.