Gabriel Circiog
Centerville City, City Creek Center Expand with New Retail, Other Offerings
By Gabriel Circiog, Associate Editor The first stage of a multimillion-dollar project in Centerville is nearing completion. The Salt Lake Tribune reports the city’s new Megaplex Theatres will open to the public in October. The 90,000-square-foot theater and dining complex will feature 14 screens, 3,400 seats, a 2D/3D IMAX screen and D-box motion seats. According […]
Cornerstone Real Estate Advisors Procured $29 Million in Financing for Bressi Ranch Village Center; Westcore Properties Expands Portfolio
By Gabriel Circiog, Associate Editor
Cornerstone Real Estate Advisors, on behalf of an institutional separate account investor, has procured $29 million in financing for Bressi Ranch Village Center, RenTV.com reports. The transaction was arranged by senior managing directors Dana Brome and […]
San Diego Mayor Seeking Inspiration for New Stadium for the San Diego Superchargers
By Gabriel Circiog, Associate Editor
San Diego Mayor Jerry Sanders has embarked on a three-day nationwide tour to explore downtown sports and entertainment districts in order to get ideas for what might work locally in the pursuit of building the Chargers […]
Controversial Country Club Plaza Office Project Relocated to Valencia II
By Gabriel Circiog, Associate Editor
The opponents of the Country Club Plaza office project have realized their objective as the developer has dropped the proposal for the controversial seven-story tower; therefore, the Neptune Apartments will survive. Kansas City Business Journal reports […]
eBay Announces New Facility; Park City Council Considers Downsizing Project
By Gabriel Circiog, Associate Editor The global online auction marketer eBay Inc. and the Utah Governor’s Office of Economic Development announced plans to build a new state-of-the-art facility in Draper. The Salt Lake Tribune reports that the new facility is expected to create 2,200 jobs over the next 20 years. The company currently employs around […]
Fashion Place Expands, as Wasatch Front Retail Real Estate Market Blooms
By Gabriel Circiog, Associate Editor At a time when the economy is somewhat troubling for most real estate markets, the retail real estate market along the Wasatch Front is doing well. Deseret News reports that there are four major retail centers expanding or under development. Fashion Place mall in Murray is currently undergoing a 100,000-square-foot […]
MIG Real Estate Expands Portfolio; Renaissance Towne Center Sells for $23.8 Million
By Gabriel Circiog, Associate Editor
MIG Real Estate, a Newport Beach-based real estate investment company has acquired a 367,002-square-foot San Diego office portfolio for $56 million. The portfolio includes five class B office building on 17.83 total acres of land.
The purchase […]
Whiterock REIT Buys U.S. Bank Operations Center in Overland Park
By Gabriel Circiog, Associate Editor
The Toronto-based real estate investment trust Whiterock REIT has purchased the U.S. Bank operations center in Overland Park for $38 million, reports the Kansas City Business Journal. Whiterock will handle tenant management of the fully leased […]
Downsized Office-Over-Retail Concept Gains Popularity; SLC Plans State-of-the-Art Theater
By Gabriel Circiog, Associate Editor
The latest city council meeting in Holladay saw the local residents supporting a new proposal in the Village Center development, The Salt Lake Tribune reports. Although six years have passed since the council chose Cowboy Partners as developer of a picturesque village center, the alternate plan of Holladay Village Center 1 […]
UC San Diego Completes New LEED Certified Housing Project; SR Commercial Expands Portfolio
By Gabriel Circiog, Associate Editor
The University of California San Diego recently announced that the apartments at Revelle and John Muir College, two of UC San Diego’s six undergraduate colleges, have been completed.
The Charles David Keeling Apartments at Revelle house 510 […]