Business Specialties
NAREE Special Report: Hines’ Johnson Outlines New Development Preferences
Expect some changes as the commercial real estate development market heats up, Hines vice chairman C. Hastings Johnson told the audience at the NAREE conference in Houston.
Ascent to Develop New Data Center in St. Louis Tech Corridor for $85M
Ascent, a St. Louis-based provider of solutions for the development, design and operation of data centers, is expanding its footprint in its hometown, with plans to develop a new multi-tenant facility spread across 15 acres of a greenfield site.
Commonwealth REIT Retains CBRE for 43 MSF Property Management Portfolio
CBRE Group has been tapped by CommonWealth REIT to provide property management services for the company’s 43 million-square-foot portfolio.
Provenance Hotels, Thayer Lodging JV to Buy Hotel 1000 in Seattle
Provenance Hotels has entered a joint venture with Thayer Lodging Group to acquire the 120-key Hotel 1000 in downtown Seattle for what the Wall Street Journal reports to be $63 million.
Goddard Acquires 1.2 MSF Office Tower in Dallas
Atlanta-based Goddard Investment Group has added to its Texas holdings with the acquisition of Fountain Place, a 58-story trophy tower that is one of the tallest buildings in downtown Dallas.
Executive Insight, Mike Scilingo, Urban Innovations
Urban Innovations, an owner and manager of commercial real estate in Chicago, takes a unique viewpoint of its portfolio. Company president Mike Scilingo talks about where it’s seeking opportunity and next steps for its portfolio.
MIPIM Special Series – Part Three: The Emergence of Short-Term Retail Leases
The last in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.
INTERNATIONAL: Union Investment Acquires Landmark Weser Tower in Germany
Union Investment has bought the landmark Weser Tower in Bremen, Germany, in a deal that is deemed one of the most significant real estate transactions seen in the city.
Jamestown: Sale of San Francisco’s Pacific Place Has Strong Long-Term Income Drivers
Jamestown COO tells CPE the firm has sold Pacific Place, an office and retail property in downtown San Francisco, to J.P. Morgan for $415 million because of its attractiveness to institutonal investors