Property Types
Preliminary Approval Granted for $800M Casino Resort in South Korea
The Ministry of Culture, Sports and Tourism of the Republic of Korea granted pre-approval for the development of the first internationally branded integrated entertainment resort in the country.
Parallel Capital Partners Teams with Zell to Buy San Diego Office Campus for $73M
Parallel Capital Partners has added to its holdings in the San Diego area with the acquisition of a three-building Class A office complex in the Sorrento Mesa submarket for $73 million.
AIG, Associated Estates Enter JV to Build $220M M-U Development in San Francisco
AIG Global Real Estate and Associated Estates Realty Corp. have entered into a 50:50 joint venture partnership to build a 3.4-acre site at Eighth and Harrison streets in San Francisco.
Meridian Arranges $200M in Financing for M-U Commercial Property in NYC
Meridian Capital Group has arranged $200 million in acquisition financing for the mixed-use commercial building at 530 Broadway in New York, on behalf of a venture led by Jeff Sutton’s Wharton Properties.
CBRE Cincinnati’s Mike McMillan to Represent Proposed Technology Park in Oxford
A proposed 74-acre technology park next to Miami University could transform Oxford into Ohio’s Silicon Valley. Or, as Ryan Howard, a character on the popular TV show The Office, called it, a Silicon Prairie. Recently, Mike McMillan, of CBRE Cincinnati’s Data Center Solutions Group, has been selected to represent this build-to-suit project, find tenants and help get it off the ground.
Diversified JV Buys 15-Acre M-F Development Parcel in Union, NJ
Diversified Realty Advisors in a joint venture with the Fidelco Realty Group has bought a 15-acre residential development parcel at 400 Clermont Terrace in Union Township, N.J.
Massive All-Season Water Park to Make a Splash in Toronto
Development group marbleLIVE is building a 100,000-square-foot, year-round indoor/outdoor water park and event complex in the Greater Toronto Area.
Simon Baron Grabs M-F Property on NYC’s Upper East Side from Nostra for $105M
Simon Baron Development Group has purchased the 13-story, 65-unit apartment building at 12 E. 88th St. in Manhattan from Nostra Realty for $105 million.
USAA Buys 916 KSF Industrial Portfolio in California’s Central Valley
USAA Real Estate Co. has acquired two Class A modern bulk warehouse distribution properties totaling 916,035 square feet in Stockton, Calif., in a bankruptcy process.
Titan Bank Announces the Acquisition of Its Third Self Storage Property through Funding Loan
Titan Bank, NA announced the acquisition of a 342 unit Self Storage property in Austin through the funding of a $985,000 loan, marking its third Self Storage property. With this transaction they now own and manage approximately 1,000 self-storage units.