Business Specialties
INTERNATIONAL: Hines Buys Back Industrial Property in Guadalajara
International real estate company Hines has purchased back Parque Industrial Tecnológico II in Guadalajara, Mexico, from Union Investment, to whom it previously sold the property back in 2007.
Executive Insight: William Shopoff, Shopoff Realty Investments
From Newport Beach to Inglewood, Southern California developer William Shopoff sees real estate and investment opportunity where others might not.
Target Takes 900 KSF in Memphis
New leases, build-to-suit leases, lease expansions–big-box retailers are staking claim to big chunks of space outside of the leading markets, and Target’s commitment to a 900,000-square-foot facility in Memphis is among the latest transactions.
CNL Healthcare Acquires 9 Medical Office Buildings
CNL Healthcare Properties has acquired from developer Meadows & Ohly a portfolio of nine Class A medical office buildings for $238 million.
Transwestern Increases M-F Focus: Teams with Amstar to Build Apartments in San Antonio
A plan to build a 229-unit, Class A apartment building in San Antonio with Amstar, is part of Transwestern Development Co.’s increased focus on multi-family projects.
PANYNJ Considers Selling RE, One WTC
Port Authority of New York and New Jersey officials are talking about possibly selling some of its real estate, including One World Trade Center.
Berkshire Group Grabs 325-Unit M-F Asset in Dallas’ Medical District
Berkshire Group wraps up a busy year of buying with the acquisition of Aura Medical District, a 325-unit apartment community in Dallas’ booming medical cluster.
Nakash Holdings Buys The Setai Hotel in South Beach
Nakash Holdings, the investment company controlled by the founders of Jordache Enterprises and famous for its Jordache jeans, is expanding its hospitality holdings in Miami with the acquisition of The Setai Hotel.
Time Equities Acquires 380 KSF Shopping Center in Monroe, N.C.
Time Equities has acquired Monroe Crossing Shopping Center, a 379,630-square-foot regional shopping center in Monroe, N.C., from Madison Marquette.
2015 Top Development Firms
Our first ranking of 2015 takes a look at development. These companies have brought an impressive number of cranes to major metro areas over the past couple of years.