Gabriel Circiog
Cypress Office Properties LLC Expands Portfolio; BioMed Realty Trust Plans to Raise Over $400 Million to Invest in Life-Sciences Buildings
By Gabriel Circiog, Associate Editor
San Diego-based Cypress Office Properties LLC has purchased a 78,400-square-foot Class A office building in Escondido. Located at 500 La Terraza Blvd, the three-story building was built in 2008 and RenTV.com reports it was 38 percent […]
New Walmart Revives $200M Mission Gateway Project
By Gabriel Circiog, Associate Editor The Mission Gateway project is finally back on track, as The Kansas City Star reports developer Tom Valenti, of the Cameron Group of Syracuse, N.Y., announced Walmart’s signing of a letter of intent to introduce a 150,000-square-foot store in the $200 million project. He said that securing the big discount […]
KTGY Group and Mercy Housing to Build Eco-Friendly Affordable Housing in Stapleton
By Gabriel Circiog, Associate Editor
KTGY Group Inc. has announced the construction of Bluff Lake Apartment Homes, a new eco-friendly residential community. The project will house 92 families with an income between 30 percent and 50 percent of the area median […]
Terramar Retail Centers Present Green Redevelopment Plan for Seaport Village
By Gabriel Circiog, Associate Editor
Terramar Retail Centers, owner of the Seaport Village, has come up with a redevelopment plan that aims to revitalize the Bayside shopping center. Signon San Diego reports the plan calls for an 82-room hotel, simplification of […]
Construction of $800 Million VA Medical Center in Aurora Will Finally Start
By Gabriel Circiog, Associate Editor
Although the official groundbreaking for the VA Medical Center in Aurora took place back in 2009, construction has been delayed. But The Kansas City Business Journal reports that an agreement has just been reached between the […]
United Properties Gets Funding for Ford Center Makeover
By Gabriel Circiog, Associate Editor
WNC & Associates Inc., an Irvine, Calif.-based investor specializing in urban renewal and affordable housing projects, has provided $8.3 million in New Markets Tax Credit financing to United Properties to purchase and renovate the landmark Ford […]
Aon Corp. and PricewaterhouseCoopers LLP Top the Year in Office Lease Transactions for Chicago
By Gabriel Circiog, Associate Editor
Two of the largest office lease transactions in Chicago this year were reported this week by ChicagoRealEstateDaily.com. The insurance brokerage company Aon Corp. tops the charts this year after renewing a lease for about 400,000 square […]
Expiring Lease Steps Up Vikings’ Quest for New Stadium
By Gabriel Circiog, Associate Editor
With the Minnesota Vikings’ 30-year lease on the Hubert H. Humphrey Metrodome expiring at the end of the 2011 season, and the real possibility of the National Football League’s departure from the state after 50 years, […]
IDS Real Estate Group Expands Portfolio; DPR Construction Awarded Top LEED Certifications
By Gabriel Circiog, Associate Editor
IDS Real Estate Group has acquired a 411,200-square-foot industrial/warehouse building in the Kearny Mesa area, RenTV.com reports. The 19-acre property located at 4000 Ruffin Rd is a Class B, multi-tenant facility with an 85 percent occupancy […]
Three Million-Square-Feet of the Bannister Federal Complex up for Sale
By Gabriel Circiog, Associate Editor One of the biggest real estate transactions in Kansas City history could soon happen as the federal government is searching for a buyer for part of the Bannister Federal Complex. The Kansas City Star reports the sale targets the 3 million square-foot section of the complex where non-nuclear parts for […]