Gabriel Circiog
Governer Pat Quinn Praises 111 West Wacker Drive Development and Workers
As the long awaited 111 West Wacker Drive project gets closer and closer to completion, which is scheduled for this summer, Governor Pat Quinn recently saluted the developers and workers.
RingCentral Inc. Expands Denver Office
San Mateo-headquartered RingCentral Inc. recently announced that the company is expanding its Denver office. The company provides cloud business communications solutions and had opened the Denver office in 2011 to increase sales, technical and customer support personnel as the company expanded nationally.
Preliminary Approval Granted for $800M Casino Resort in South Korea
The Ministry of Culture, Sports and Tourism of the Republic of Korea granted pre-approval for the development of the first internationally branded integrated entertainment resort in the country.
Horizon Group Properties, CBL Break Ground on Phase 3 of The Outlet Shoppes at Oklahoma City
Horizon Group Properties and CBL & Associates recently broke ground on the third phase of the Outlet Shoppes at Oklahoma City. The 368,000-square-foot shopping center first opened in 2011 and since then has become a favorite shopping venue for Oklahomans, as well as for those living in the surrounding states including Kansas, Arkansas and Texas.
Mall of America Breaks Ground on $325M Expansion Project
The nation’s largest retail and entertainment destination, Mall of America, recently broke ground on a $325 million expansion project. Minneapolis-based Mortenson, a construction and development services company, Hotel Development LLC, an enterprise of the Shakopee Mdewakanton Sioux Community and the City of Bloomington and Mall of America celebrated the event.
New Luxury Boutique Nobu Hotel and Restaurant Chicago to Open in 2016
Nobu Hospitality LLC recently announced plans for a new development in the West Loop of Chicago. The new luxury boutique Nobu Hotel and Restaurant Chicago will be located on the corner of Randolph and Preoria Streets and is scheduled to open early 2016.
New African Cultural and Business Center, Afrikmall, Set to Open This Summer
An ownership entity created by Colorado-based Northstar Commercial Partners, 10180 E. Colfax LLC, has acquired a building in Aurora, Colorado and has provided a long-term lease to Afrikmall.
The University of Chicago Lists Harper Court Complex for Sale with CBRE Group
The University of Chicago recently announced that it has listed the 12-story Harper Court complex for sale with commercial real estate firm CBRE Group.
Crow Holdings Capital Partners Acquires the Historic Brown Palace Hotel Portfolio
Crow Holdings Capital Partners recently announced that its Crow Holdings Fund VI has completed the purchase of Brown Palace. The transaction includes the Brown Palace Hotel & Spa, as well as the adjacent Comfort Inn Downtown Denver, with a total of 472 guest rooms, 22,100 square feet of meeting space and five food & beverage venues.
Paulson & Co. Acquires 2 Oceanfront Resorts in Puerto Rico for $260M
New York-based investment firm Paulson & Co. has purchased a majority interest in the Condado Vanderbilt and La Concha Renaissance Hotel and Tower in San Juan, Puerto Rico.