Business Specialties
E.CON Special Report: E-Commerce Users Demand BTS–With Flexibility
As the e-commerce market heats up, industrial developers are scrambling for a piece of the action. That was the word from “The End User’s Perspective” session at NAIOP’s brand-new E.CON e-commerce conference in Phoenix on Thursday.
Washington REIT Buys Army Club Building in DC for $79M
Washington Real Estate Investment Trust continues repositioning its portfolio with the acquisition of The Army Navy Club Building, a Class A office building in Washington, D.C., for $79 million.
Transwestern Enters into JV, Plans Expansion into Mexico
Transwestern Development Co. is expanding its industrial development platform in the United States and Mexico through a joint venture with Chicago-based Ridge Property Trust.
Emaar Launches 300-Unit Luxury M-F Project in Downtown Dubai
Global property developer Emaar Properties PJSC has launched BLVD Crescent, its newest luxury residential project in downtown Dubai.
Dermody Properties Breaks Ground on 624 KSF Facility in Northern Nevada
National industrial development firm Dermody Properties broke ground on a 624,000-square-foot warehouse and distribution building in its new LogistiCenter 395 industrial park in Reno.
Hugh Frater: Fair Chance No Mandates on Fannie/Freddie This Year
Hugh Frater, CEO of Berkadia, shares his insights with Multi-Housing News/Commercial Property Executive regarding the commercial property financing market.
Preliminary Approval Granted for $800M Casino Resort in South Korea
The Ministry of Culture, Sports and Tourism of the Republic of Korea granted pre-approval for the development of the first internationally branded integrated entertainment resort in the country.
Parallel Capital Partners Teams with Zell to Buy San Diego Office Campus for $73M
Parallel Capital Partners has added to its holdings in the San Diego area with the acquisition of a three-building Class A office complex in the Sorrento Mesa submarket for $73 million.
AIG, Associated Estates Enter JV to Build $220M M-U Development in San Francisco
AIG Global Real Estate and Associated Estates Realty Corp. have entered into a 50:50 joint venture partnership to build a 3.4-acre site at Eighth and Harrison streets in San Francisco.