Cities
Kilroy Reportedly Pursuing Hollywood Property; JV Snaps Up Pasadena Campus
By Alex Girda, Associate Editor
Kilroy Realty is ready to fork out an impressive sum for a Hollywood office building. The Sunset Media Tower houses several media companies and is owned by a discouraging three dozen investors. Nevertheless, the West Los […]
Office Activity Sets Bar High, Will Housing Follow?
By Alex Girda, Associate Editor
Parkway Properties has just expanded its portfolio after buying a nautical-design building on the south bank of Tempe Town Lake, The Phoenix Business Journal reports. Hayden Ferry Lakeside I was purchased for $39.4 million. According to […]
Luxury Development at Rancho Santa Fe in Courtroom Spotlight
By Gabriel Circiog, Associate Editor
The Bridges at Rancho Santa Fe is one of the most elegant real estate developments of San Diego County. The project includes 235 luxury homes surrounding a championship golf course and a country club. The Bridges […]
Kansas City Congratulates LEED Gold-Rated Green Campus and Other Construction Projects of the Year
By Gabriel Circiog, Associate Editor
Kansas City Business Journal has published a ranking of the Kansas City-area construction projects of the year.
Ranked in third place was the Kauffman Center for Performing Arts. The construction cost of the project is reported at […]
The Ups and Downs of Baltimore’s Superblock
By Adrian Maties, Associate Editor
Baltimore’s spending board has approved a six-month extension for Lexington Square Partners LLC to buy the site of Baltimore’s “superblock.” This exclusive negotiation deal with the city was first extended last December and was supposed to […]
Developers Diversified Upgrades Loans
By Adrian Maties, Associate Editor
Developers Diversified Realty Corp. announced last week it has replaced a $550 million loan scheduled to mature in February 2012 with a new one for $500 million. The new loan has a 39-month term, with an additional […]
Renovation of Old American Can Factory Heads into Final Stretch
By Adrian Maties, Associate Editor
It’s been more than six years since Bloomfield/Schon began eyeing redevelopment plans for the old American Can factory building in Cincinnati. Now, the $21.9 million renovation is heading into its final stretch.
The building was developed in […]
Long-Awaited New Residences in Store for Coral Gables
By Georgiana Mihaila, Associate Editor
Coral Gables ranks among one of the most exclusive housing markets in the country, and construction has been fairly slow since 2006. But this seems about to change, given recent news. HFF (Holliday Fenoglio Fowler LP) […]
Redevelopment Projects Continue in New York; 220 Park Ave. Sold for $20M
By Veronica Grecu, Associate Editor
New York’s Chelsea Hotel, which was purchased earlier this year by developer Joseph Chetrit for more than $80 million, will undergo major renovation. Although the exterior renovation is limited because of the building’s Queen Anne architectural […]
Navy Pier to be Redeveloped; New Campus Building for Roosevelt University
By Veronica Grecu, Associate Editor
Chicago’s Navy Pier redevelopment plan, dubbed the “Centennial Vision,” was revealed last week by the Metropolitan Pier and Exposition Authority (MPEA) and the recently formed Navy Pier Inc. The improvements will include expanded recreation space and […]