Business Specialties

MIPIM Special Series—Part Two: Focus on the US

Associate editor Eliza Theiss presents a focus on foreign investment in U.S. real estate, the second in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.

CBRE Fund Buys $144M Trophy Office in Atlanta Suburb

CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors, has purchased Three Ravinia, a 31-story, 813,750-square-foot trophy office building in north suburban Atlanta.

DAMAC Properties Breaks into Iraq RE Market with $100M Residential Tower

The leading private developer of luxury projects in the Middle East, Damac Properties, has announced a comprehensive expansion plan into Iraq, a previously untapped market for the development giant.

Cole Real Estate Investments Acquires Hillshire Brands Company Headquarters for $97.5M

Cole Real Estate Investments has recently announced the acquisition of The Hillshire Brands Company headquarters on behalf of Cole Corporate Income Trust Inc. for $97.5 million.

Cole Acquires 234 KSF HQ for Hillshire Brands Co. for $98M

Cole Real Estate Investments has acquired The Hillshire Brands Co.’s headquarters in the West Loop of Chicago’s CBD on behalf of Cole Corporate Income Trust Inc. for $98 million.

TCC, Carlyle Group Break Ground on 240 KSF Junction Flats in Minneapolis

Construction has begun on Junction Flats, a six-story, 182-unit luxury apartment building in downtown Minneapolis located near Target Field and a major transit hub.

Hines Purchases LA’s 325 KSF Campus at Playa Vista for $218M

Hines Global REIT Inc. has added the Campus at Playa Vista, a 325,000-square-foot office complex in the Playa Vista neighborhood of West Los Angeles, to its portfolio.

Providence Clearly a Fan of Parks as Master-Planned Community Unveils Second Public Spot

By Alex Girda, Associate Editor The Providence master-planned community situated in the northwest part of the valley has recently inaugurated its second park. The community, located at 10695 Dorrell Lane, has now unveiled two parks that will benefit area residents, with another one in the pipeline. The Providence developer, John Ritter was quoted by The […]

Daisho Launches $300M Office Project in Brisbane’s CBD

Japanese developer Daisho Group has recently broken ground on a $300 million office tower in Brisbane, the capital and most populous city in the Australian state of Queensland.