Business Specialties
Waldorf Astoria NY to Undergo Major Renovation
The upgraded hotel will feature restored public and event spaces, 350 new guestrooms and suites, as well as 350 residences. Architectural firm Skidmore, Owings & Merrill and interior designer Pierre Yves Rochon were tapped to design the new space.
Brookwood Buys SW Florida Office Portfolio
The new owner of the 15 buildings plans substantial investments in the properties. The assets are located in Fort Myers and Bonita Springs.
Hines JV Plans 270 KSF Timber Office Project in Chicago
The company has teamed up with Diversified Real Estate Capital and Big Bay Realty to build T3 Goose Island, the city’s first wood-structured office development since the 1800s.
Coldwell Banker Commercial: Brick-and-Mortar Stores Still Desirable
Forty-seven percent of the survey’s respondents indicated that they favor shopping in stores over buying online. Participants also expressed their loyalty to small businesses and penchant for boutique stores.
Orlando MOB Changes Hands
Situated on a 1,6-acre site in the south Orlando submarket, Royal Oaks Medical Plaza recently changed hands. Transwestern arranged the transaction.
The Shops at Starwood Expand in TX
Whitestone REIT opened the third phase of The Shops at Starwood in Frisco, Texas. Multiple retailers and restaurants will set up shop in the new space, including Beverly Hills Rejuvenation Center, Oasis Accents and Up Inspired Kitchen.
Barcoding to Relocate Baltimore HQ
The company bought the former I.C. Isaacs & Co. garment factory earlier this year and is slated to move from Canton by the end of 2018.
Ohio Educational Facility Awarded by EPA
A year ago, Springfield High School & Junior High scored only 69 on the EPA’s scale of 1-100, disqualifying it from receiving an Energy Star Building Label. Since then, energy efficiency initiatives were implemented that increased the school’s score to 86, making it the only K-12 educational facility in the county to tout the distinction.
Northridge Breaks Ground on NC Creative Office Project
In partnership with Insite Properties, the company is developing The Refinery, a 107,000-square-foot creative office and retail project. The property is scheduled for completion in the fall of 2018.
SC Mixed-Use Development Receives $23M Financing
Eyzenberg & Co. arranged the construction loan for a 42,000-square-foot, oceanfront mixed-use complex located in Myrtle Beach. Several tenants are already lined up to for the development.