Business Specialties
Building and Land Technology Picks up 614 KSF Stamford Office Complex
Building and Land Technology, one of the largest property owners in Connecticut’s Fairfield County, has just acquired 695 E. Main St. in Stamford. The new owners will be renaming the 614,000-square-foot office complex the BLT Financial Center.
Covenant Retirement Communities Achieves $59.1M in Financing
Ziegler has facilitated a tax-exempt bank direct purchase on behalf of seniors housing company Covenant Retirement Communities. The direct purchase came in the form of two series of bonds totaling approximately $59.1 million and representing the first multi-state bond issuance by the Illinois Finance Authority.
Fashion Retailer Leases 218 KSF in Houston
Francesca’s Holdings Corp., the company behind the Francesca’s Collection fashion boutiques, has signed a lease for 218,000 square feet to consolidate its corporate headquarters and distribution facility “back under one roof” in Houston.
2012 Forecast: Partly Cloudy With a Chance of Improvement
CPE offers a snapshot of forecasts for the new year, portraying the likely trends that will shape commercial real estate in 2012.
Economy Watch: U.S. Still Tops with Foreign Investors; Markets Stay Calm
The United States remains the No. 1 choice for crossborder investors in commercial real estate, but its popularity has slipped somewhat. And markets worldwide took it easy yesterday.
CPE's Top 11 in '11
Taken as a whole, 2011 was something of a tumultuous year, but an interesting time for commercial real estate. CPE presents our top 11 stories from 2011.
Taubman Completes $560M Purchase of Three Centers
Retail REIT Taubman Centers Inc. has completed the $560 million purchase of three shopping centers from Davis Street Properties.
Marriott Marquis Hotel and Marina $182 Million Upgrade Project Reaches California Coastal Commission for Final Approval
By Gabriel Circiog, Associate Editor The San Diego port directors have approved the upgrade project for the Marriott Marquis hotel and marina. Signon San Diego reports the plan is off to the California Coastal Commission for final approval. The $182 million project features interior remodeling, replacing the Marriott Hall which is located west of the […]
Wood Partners to Begin Construction on 207-Unit Dallas Multi-Family
Capitalizing on the opportunities that the multi-family sector will present in the upcoming years, Wood Partners is slated to begin building two three-story apartment buildings on a five-acre plot in Southwest Dallas.
Exclusive: 192 KSF El Segundo Triple-Net-Leased Office Sells for $45M
AG Net Lease Fund II, a vehicle of Angelo, Gordon & Co., has picked up a 192,053-square-foot office in the Los Angeles submarket of El Segundo for $45 million from Kilroy Realty Corp.