Business Specialties
Hard Rock Partners with NYS Funding on Casino Plan in Rensselaer, N.Y.
Hard Rock International has joined NYS Funding L.L.C. in the bid to build a casino, the Hard Rock Hotel & Casino, along the Hudson River, in Rensselaer, N.Y.
PREI, AP3 JV Acquires $360M Worth of German Retail Assets
A new joint venture between Prudential Real Estate Investors and the Third Swedish National Pension Fund, AP3, will invest in retail properties throughout Germany.
Branding Benefits: Walgreen’s Sustainability Efforts vs. the Competition
In a cut-throat, thin-margin consumer marketplace, Walgreen Co.’s portfolio sustainability endeavors help differentiate the brand from the competition.
Replicating Success: The Nuts & Bolts of Walgreen’s Net-Zero Model
In designing its retail store in Evanston, Ill., Walgreen Co. management tasked the facilities team with engineering a net-zero store that can be replicated across the country on a large-scale basis.
Property Insurance: How Limits & Deductibles Are Changing
A survey of Aon insurance clients indicates that deductibles and limits remained unchanged for the vast majority of policy holders from 2012 to 2013.
Lights! Camera! Blueprints! Kilroy Unveils Plans for M-U Campus in Hollywood
Kilroy Realty Corp. took a step forward with its $250 million to $300 million project in Hollywood by unveiling plans on Thursday for a four-building, 475,000-square-foot “creative media mixed-use office campus.”
Sunstone to Acquire 544-Key Maui Resort for $326M
Sunstone Hotel Investors has entered into a definitive agreement to acquire the 544-key Wailea Beach Marriott Resort & Spa for $326 million, or $598,600 per key, from an affiliate of Blackstone Real Estate Partners IV.
Thor Equities Adds to Manhattan Footprint with $590M Deal for 530 Fifth Ave.
The sale price is $200 million more than Rockwood Capital, Jamestown, Murray Hill Properties and Crown Acquisitions paid when the building last traded in January 2012.
JV Formed for Half-Billion-Dollar Redevelopment of Chicago’s Old Post Office
It’s not mail that will be delivered from the Old Post Office in Chicago a few years from now. It will be office space, retail space and much more.
Zephyr Partners Plans $250M High-Rise Development on Full Block in Downtown San Diego
Zephyr Partners is planning a $250 million mixed-use development in one of the last remaining full blocks of available property in the city’s downtown.