Gabriel Circiog
Fresh Start in Store for Fading Warr Acres Retail Center
By Gabriel Circiog, Associate Editor A developer is planning to give the nearly vacant West Park Mall in Warr Acres a new lease on life, NewsOK.com reports. Located at the corner of NW 63 and MacArthur Boulevard, the 124,955-square-foot property was acquired for $2 million by Warr Acres Holdings L.L.C., an investment entity controlled by […]
Prudential Acquires Retail and Restaurant Space in John Hancock’s Center for Almost $142 Million
By Gabriel Circiog, Associate Editor John Hancock Center’s retail and restaurant space has been acquired by Prudential Real Estate Investors for close to $142 million, ChicagoRealEstateDaily.com reports. As previously reported by Commercial Property Executive, a joint venture including Deutsche Bank A.G. and NorthStar Realty Finance Corp. seized the property earlier this year after a joint […]
Mixed-Use Affordable Housing Project Starts in Greenwood
By Gabriel Circiog, Associate Editor More than 80 years after the last new development in Tulsa’s historic Greenwood district, construction is under way on a $9.5 million mixed-use affordable housing project called GreenArch. Tulsa World reports GreenArch LLC, a development team that includes Greenwood Community Development Corp. and the Hille Foundation, expects to complete the […]
St. Louis Design Alliance Starts New Construction, Renovation Project
Locally-based architecture and development firm St. Louis Design Alliance is renovating a 1920s apartment hotel and building a mixed-use building at the eastern end of the Delmar Loop,
IKEA’s Real Estate Arm to Build Master-Planned Community in East London
IKEA’s real estate arm, LandProp Holding, has begun a new 2 million-square-foot mixed-use master-planned neighborhood just south of the Olympic Park in Stratford, an area in eastern London.
Coast Income Properties Inc. Acquires Pacific Ridge Corporate Centre
By Gabriel Circiog, Associate Editor Coast Income Properties Inc. has acquired a two-building office project in Carlsbad for $29 million, Rentv.com reports. The San Diego-based development company, founded in 1979, paid $239 per square foot to Brandywine Realty Trust for the Pacific Ridge Corporate Centre. The 121,500-square-foot Class A project is located at 5780 and […]
Hyatt Plans to Return to Kansas City with 229-Room Mixed-Use Development
Hyatt Hotels Corp. announced plans to re-enter the Kansas City market with a new 225-room luxury hotel near the Country Club Plaza,
New Hyatt Place Opens in Vista-Carlsbad; NBTK Holdings LP Expands Office Portfolio
By Gabriel Circiog, Associate Editor Hyatt Hotels Corporation announced the opening of Hyatt Place San Diego/Vista-Carlsbad. The new 150-room hotel is the first Hyatt Place hotel in the Vista-Carlsbad area and the seventh hotel for Hyatt in the San Diego area. Located at 2645 South Melrose Drive, the hotel is targeting business as well as […]
UMKC Releases Downtown Arts Campus Studies
By Gabriel Circiog, Associate Editor The University of Missouri-Kansas City announced it has narrowed down the search for the future location of the Downtown Campus for the Arts to three potential sites. As previously reported by Commercial Property Executive, the planned downtown art campus, which is set to feature in the first stage a new […]
Solis Announces New Five-Star Guangzhou Hotel
Solis Hotels & Resorts announced plans to build a 260-unit luxury hotel in Guangzhou, China. The Solis Guangzhou will be the company’s third property under construction in China this year.