Liviu Oltean
Developer Donates $10M New UH Campus
By Liviu Oltean, Associate Editor
The University of Hawaii received a $10 million donation from the developers of the 725-acre Palamanui mixed-use project on the Kona Coast.
Pacific Business News reported that Palamanui LLC has wired a payment of $5.2 million to […]
HCDA Issues Final RFP for Hawaii’s Tallest Building
By Liviu Oltean, Associate Editor
The Hawaii Community Development Authority (HCDA) will soon issue the final Request For Proposals (RFP) for the development of the mixed-use transit-oriented development project at 690 Pohukaina in Kakaako.
The Pohukaina project entails the development of two […]
RLJ Lodging Trust Completes $24M Hotel Conversions
By Liviu Oltean, Associate Editor
RLJ Lodging Trust has recently completed a $24 million conversion of three hotels – the Hilton Garden Inn Pittsburgh University Place, the Hilton Garden Inn Durham and the Embassy Suites West Palm Beach-Central.
The conversions were part […]
Archon Group Acquires Six Office Properties in the Triangle Area
By Liviu Oltean, Associate Editor
Duke Realty Corp. recently sold six office properties for $44 million to Archon Group of Irving, Texas, a real estate investment arm of Goldman Sachs.
The buildings, located in Raleigh and Cary, had been acquired or developed […]
PNC’s $400M Leed-Certified Tower Gets Green Light
By Liviu Oltean, Associate Editor
The city planning commission voted in favor of the development of Tower at PNC Plaza.
The tower is a 33-story glass office building that will house PNC Financial Services Group. Estimated to cost about $400 million, the PNC tower […]
Federal Capital Partners Purchases Loft Mixed-Use for $35.25M
By Liviu Oltean, Associate Editor
Federal Capital Partners (FCP) recently acquired the first phase of West Village in Durham for $35.25 million. The seller was BGL Real Estate Advisors, which was represented by First Capital Realty of Bethesda, Md.
According to the CityBizList, […]
Development Authority Approves Hi-Rise on Site of Expired WTC Franchise
By Liviu Oltean, Associate Editor
The Hawaii Community Development Authority showed support for the long- delayed development of a 40-story, mixed-use project at the corner of Kapiolani Boulevard and Ward Avenue.
The HCDA director of planning and development, Deepak Neupane, said that the […]
Dickie & McCamey Renews Lease at PPG Place
By Liviu Oltean, Associate Editor
Dickie & McCamey has decided to renew the lease at PPG Place by 10 years. As reported in November by the Pittsburgh Business News, the law firm’s 10-year lease was set to expire in 2014, and the firm […]
A&B Buys 4.35-acre Parcel Zoned for Commercial Development
By Liviu Oltean, Associate Editor
A&B Properties Inc. has recently announced the purchase of a 4.35-acre parcel within the 7-acre Gateway at Mililani Mauka Shopping Center complex for $8.2 million.
The tract of land was purchased from Castle & Cooke Properties, which […]
UNC Health Purchases 47 Acres from Blue Cross for $14.25 Million
By Liviu Oltean, Associate Editor
UNC Health recently acquired 47 acres of land from Blue Cross and Blue Shield of North Carolina for $14.25 million.
The tract, located on U.S. 15/501, across Blue Cross and Blue Shield’s Chapel Hill HQ, also includes […]