Gabriel Circiog
Brookfield Office Properties Acquires 1801 California Street for $215 Million
By Gabriel Circiog, Associate Editor
Brookfield Office Properties Inc. acquired, as part of an investment consortium, the second tallest office tower in Denver. Located in the city’s central business district, 1801 California Street was bought for $215 million from PSEG Energy […]
Sara Lee Corp. Chooses Chicago as Home of the New American Meats Co.
By Gabriel Circiog, Associate Editor
The Downers Grove, Ill.-based Sara Lee Corp. will relocate its new North American Meats corporate headquarters in 2013 to Chicago’s 400 S. Jefferson Street, Mayor Rahm Emanuel has announced.
Sara Lee Corp. announced earlier this year that […]
Grossmont Healthcare District Plans $240.8 Million Projects; Kaiser Permanente to Build New Hospital in Kearny Mesa
By Gabriel Circiog, Associate Editor
The San Diego medical care sector is buzzing once again as the Grossmont Healthcare District plans to break ground on several projects worth $240.8 million at the Sharp Grossmont Hospital in La Mesa next year and Kaiser Permanente announces plans to build a new 350-bed hospital in Kearny Mesa, according to […]
Target Plans Brooklyn Park Office Campus Expansion; Duke Realty Expands Industrial Portfolio
By Gabriel Circiog, Associate Editor
The Target Corp. is planning to expand its Brooklyn Park office campus by adding a seventh building on the site, which would add another 245,000 square feet of office space, Finance & Commerce reports. A proposed […]
EFG Brownfield Partners Plan Mixed-Used Redevelopment of Former St. Anthony Central Hospital Site
By Gabriel Circiog, Associate Editor
The redevelopment of the former site of St. Anthony Central Hospital, which moved in June from West Denver to a new location in Lakewood, will be up for discussion in two west Denver neighborhoods, The Denver […]
Twin Cities Multi-Family Projects Proliferate
By Gabriel Circiog, Associate Editor
The Twin Cities region is in a full-on apartment development boom. Two new apartment complexes have been completed and already have their first residents, while local developer Michael Lander plans three apartment projects, Finance & Commerce […]
Echo Pacific to Build Bio-Tech High School; Newmark Realty Capital Arranges $224 Million Financing for Class A Office Building
By Gabriel Circiog, Associate Editor
Echo Pacific Construction Inc. has started construction on The Del Lago Academy, Campus of Applied Science in Escondido. The new bio-tech high school is part of the Escondido Union High School District’s $98 million general obligation […]
MIG Real Estate LLC Acquires 240-unit Multifamily Community; Cornerstone Real Estate Advisors Adds 1899 Wynkoop St. Office Tower to Portfolio
By Gabriel Circiog, Associate Editor
MIG Real Estate LLC, a Newport Beach, California-based real estate investment company, has acquired the multifamily community Rosemont Ridge at Lowry for $29.7 million. Located at 10000 East Alameda Avenue, on approximately 10 acres of land, […]
Laramar Group to Buy Historic Belden-Stratford; Prudential Acquires 439,434-Square-Foot Office Tower
By Gabriel Circiog, Associate Editor
The landmark Belden-Stratford, overlooking Lincoln Park, is being acquired by Laramar Group for nearly $60 million. ChicagoRealEstateDaily.com reports the 297-unit apartment hotel, located at 2300 Lincoln Park West, was bought from an affiliate of IRMCO Properties […]
$550M Redevelopment Project Proposed Near McCormick Place
By Gabriel Circiog, Associate Editor
A massive redevelopment plan is surfacing again for the strategic parcel of land located near McCormick Place on two square blocks between Cermak Road and 21st Street. As the Chicago Journal reported earlier this year, the […]