Business Specialties
Goodman to Develop Largest Logistics Facility in Poland, Leased by Amazon
Goodman is developing a 95,000-square-meter 1 million-square-foot) fulfillment center for Amazon in Wroclaw.
Greenbuild Special Report: Learning from LEED’s Critics
The U.S. Green Building Council’s LEED rating system is not without its share of criticism. While the program has yielded the largest push towards the sustainable design, construction, operation and maintenance of the built environment, many say the program does not do enough.
Ivanhoé Cambridge Grabs Premier 1.4 MSF Office Property for $360M
In a partnership with Callahan Capital Properties, Ivanhoé Cambridge acquired 10 and 120 South Riverside Plaza, twin 21-story office towers located smack dab in the Windy City’s central business district, from TIER REIT for $360 million.
Lone Star Funds Acquires 6 MSF Commercial Portfolio
Global private equity firm Lone Star Funds has acquired State Farm’s 23 existing operations centers consisting of 6.2 million square feet in 16 states, through a sale-leaseback agreement.
50-Story Tower Proposed as Part of NYC Seaport Redevelopment
One month after breaking ground on an upscale mall at Pier 17 at Manhattan’s historic South Street Seaport, The Howard Hughes Corp. is proposing more redevelopment at the site, including a new marina and a mixed-use 50-story hotel and apartment tower.
Executive Spotlight: Mukang Cho, In-Rel Properties
Mukang Cho, CEO of In-Rel Properties, has doubled its portfolio of mostly distressed assets since joining the privately held firm in 2010.
Dutch Architects to Build M-F Complex on Water in Netherlands
Architecture firm Waterstudio plans to build a floating multi-family complex called The Citadel on a new development site in Naaldwijk, Holland.
Luxora to Build M-U Mega Development in India
Luxora Infrastructure Pvt Ltd. is set to build a mixed-use mega development called Ensaara Metropark in Nagpur, the state of Maharashtra, in India.
Ritz-Carlton, Denver Refinanced with $51M Loan
The Ritz-Carlton, Denver, the Mile-High City’s only AAA Five Diamond-rated hotel, has just been refinanced, courtesy of a $51 million loan.
BC LYND, CrossHarbor Acquire 6 Marriott Hotels in Midwest, Southwest
BC LYND Hospitality has teamed with CrossHarbor Capital Partners on the acquisition of six Marriott-branded properties, located in the Midwest and Southwest.