the Editors of Commercial Property Executive
Forestar Group Announces New Luxury Multifamily Development in Denver
By Gabriel Circiog, Associate Editor Forestar Group Inc. has partnered up with Guggenheim Real Estate LLC to develop a luxury multifamily community in Denver. Located in the southeast business corridor of the metro area within the Denver Tech Center market, the project—called 360 deg—will feature 304 units. Designed by Denver-based JG Johnson Architects, 360 deg […]
JCI breaks Ground on 300-unit Buda Development
By Camelia Bulea, Associate Editor
Six months after JCI Residential made public its intention to build a $24 million multifamily complex in Buda, the Austin-based developer announced the groundbreaking of the new project. The 300-unit complex, called Silverado Crossing, is being […]
The dark side of QR codes
Quick response codes are everywhere — magazines, take-out menus, and the sides of bus stops. But this marketing tool could be just the opportunity hackers are looking for.
Maxim Invests $65M to Expand San Antonio Facility
By Camelia Bulea, Associate Editor Maxim Integrated Products Inc., a Fortune 1000 semiconductor company headquartered in Silicon Valley, will invest approximately $65 million to expand its semiconductor fabrication facility in San Antonio. Purchased in 2003 from Philips Semiconductors Inc., the 380,000-square-foot facility will also undergo an equipment upgrade as part of the same investment, according […]
Pioneer-Endicott Buildings to be Converted into 234 Market-Rate Apartments
By Gabriel Circiog, Associate Editor The Pioneer-Endicott buildings in downtown St. Paul have been vacant for some time, but things could soon change. Local developer Rich Pakonen envisions a 234-unit market-rate apartment conversion project that would also include 31,900 square feet of commercial space, Finance & Commerce reports. The two buildings are among the oldest […]
$13.4M Wal-Mart to Replace Former Gentilly Woods Mall
By Eliza Theiss, Associate Editor Looks like New Orleans’ shortage of retail options will soon be remediated, as national retailer Wal-Mart has closed on a deal to acquire the shuttered Gentilly Woods Shopping Center from the New Orleans Redevelopment Authority (NORA), The Times Picayune reported. Wal-Mart and NORA have been in talks for the past […]
Cleveland Medical Mart Achieves Milestone in Construction Process
By Adrian Maties, Associate Editor The $465 million Medical Mart & Convention Center project under construction in Cleveland has now reached an important milestone. On Friday, June 22, the uppermost steel beam was placed on top of the building in a topping out ceremony. Dignitaries and hundreds of construction workers signed a white steel beam, […]
Silver Spring’s Station Square Sold for $120.6M
By Adrian Maties, Associate Editor Brandywine Realty Trust announced on Monday, June 25, that its Brandywine-AI Joint Venture has agreed to purchase three office properties in Silver Spring, Md. The acquisition price for the three-building portfolio was $120.6 million, or $241 per square foot. Known as Station Square, the portfolio totals 499,395 square feet. It […]
JV Breaks Ground on Luxury Development in Jersey City
Development partners Ironstate Development Company and Kushner Real Estate Group have broken ground on 18 Park—a 550,000-square-foot, mixed-use project that will replace an undeveloped site adjacent to the Liberty Harbor North Light Rail Station near PATH and ferry service to Manhattan, all within the Liberty Harbor Redevelopment District in Jersey City
Groundbreaking Ceremony Held for Swire’s Brickell CitiCentre
The long-awaited, large-scale, mixed-use Brickell CitiCentre development is finally underway, as developer Swire Properties broke ground on the project on June 28—with the company’s chief executive Martin Cubbon hosting the ceremony.