Liviu Oltean
Queen Emma Land Proceeds with $300M Redevelopment
By Liviu Oltean, Associate Editor
Queen Emma Land Co. is moving forward with its $300 million masterplan to demolish and redevelop the International Market Place, Waikiki Town and the Miramar at Waikiki Hotel.
The company will develop a three-level retail, dining and entertainment center […]
McCaffery Interests, Pitt Ohio Break Ground on 96-Unit Apartment Property
By Liviu Oltean, Associate Editor
McCaffery Interests and Pitt Ohio recently announced the groundbreaking of ‘Lot 24’, a 96-unit apartment residence project in the Strip District.
Lot 24′s site was formerly a surface parking space. The development will be located in the vicinity of […]
Red Hat to Sublease Two Progress Plaza from Progress Energy for $87M
By Liviu Oltean, Associate Editor
Red Hat and Progress Energy’s negotiations over the sublease of the Two Progress Plaza tower have come to a close. The two companies have agreed to a 23-year sub-lease valued at about $87 million.
According to a report […]
Redevelopment Authority Sells Fifth and Forbes Lots to Millcraft for $2.43M
By Liviu Oltean, Associate Editor
The Urban Redevelopment Authority (URA) has voted and agreed to sell seven lots near Forbes Avenue to Millcraft Industries.
The 37,000-square-foot tracts were sold to the Washington-based company for $2.43 million. The Pittsburgh Business Times reports that […]
DeBartolo Cleared to Move Forward with Largest Shopping Center in Oahu
By Liviu Oltean, Associate Editor
The Hawaiian Homes Commission (HHC) has recently reported that DeBartolo Development’s final environmental assessment (FEA) has no significant impact on the environment.
Due to the approval of the FEA, DeBartolo is now eligible to enter the first […]
Highwood Plans $25.2M Rehab for PPG Place
By Liviu Oltean, Associate Editor
Highwood Properties Inc. has revealed a $25.2 million upgrade plan for the PPG Place complex, which incorporates six class A buildings ranging from 37,000 to 900,000 sq. ft. Highwood Properties purchased PPG Place for $214.1 million.
According […]
First Wind to Develop Hawaii’s Largest Wind Farm
By Liviu Oltean, Associate Editor
First Wind and Hawaiian Electric Co. recently received approval from the Hawaii Public Utilities Commission to develop the largest wind farm project in the state, the Pacific Business News reports.
The Kawailoa Wind Farm will be developed […]
PJ Dick Appointed as General Contractor for $71M Credit Union HQ
By Liviu Oltean, Associate Editor
PJ Dick has been recently selected as general contractor for the new Pennsylvania State Employees’ Credit Union (PSECU) headquarters.
The $71 million project represents PJ Dick’s first Harrisburg-based contract, and it is also the largest construction project […]
Brownstone Hotel Rebranded As DoubleTree; More Leasable Space on Flexible Terms in the Triangle Area
By Liviu Oltean, Associate Editor
The Brownstone Hotel located at the corner of Hillsborough Street and Cox Avenue has been rebranded as a Doubletree by Hilton. The hotel has been managed under the Holiday Inn aegis for the past nine years.
The rebranding comes after a […]
Kimco Realty Expands Portfolio with $42.7M Acquisitions
By Liviu Oltean, Associate Editor
Kimco Realty Corp. purchased the Brennan Station retail center in north Raleigh for $27.15 million. The transaction also included the sale of a Harris Teeter-anchored shopping center in Cornelius. In total, the two properties were sold to […]