Cities
Westgate Center Scrambling to Avoid Foreclosure; Pool Fence Program Reaching Milestone
By Alex Girda, Associate Editor
Glendale’s Westgate City Center is facing foreclosure according to several reports that have popped up in real estate news. The Phoenix Business Journal’s coverage on the matter mentions the fact that the two companies that own […]
Government Center Garage, Downtown Crossing to See New Development
By Veronica Grecu, Associate Editor
Hym Investment Group L.L.C. recently filed an approval request with the Boston Redevelopment Authority for a 2.4 million-square-foot mixed-use development at the Government Center Garage in Downtown Boston. Quoted by the Boston Herald, Hym CEO Thomas […]
MetLife Eyes Citigroup Campus; Oak Properties Buys Garfield Mixed-Use from USAA
By Georgiana Mihaila, Associate Editor
Once the largest corporate facility to get built in the Dallas suburbs, Citigroup’s campus, part of Las Colinas, might soon see a change of owners. According to local real estate brokers and economic development officials, MetLife […]
Joint Venture Contracted to Build National Center for Civil, Human Rights
By Georgiana Mihaila, Associate Editor
The long-awaited National Center for Human Rights in downtown Atlanta is getting closer to being built. With an estimated total cost of $125 million, the 100,000-square-foot facility is now merely $10 million short of its groundbreaking […]
Lakeland Town Center, Moda Apartment Buys Mark Solid Puget Sound Real Estate Performance
By Alex Girda, Associate Editor
California-based Loja Real Estate L.L.C. expanded outside of its home state with the acquisition of Lakeland Town Center for $39.4 million. Purchased from Lakeland Town Center II L.L.C., the 125,000-square-foot shopping center will be managed by […]
Chino Hills Revitalization Begins with Shoppes; Bel-Air Mansion Sale Tops 2011
By Alex Girda, Associate Editor
A high-end lifestyle center located in the Inland Empire county of San Bernardino has managed to arrange a $61 million financing deal, RENTV.com reports. The 388,000-square-foot complex dubbed The Shoppes at Chino Hills, owned by Chino […]
$400M Casino Project Moves Forward in Downtown Cincinnati
By Adrian Maties, Associate Editor
Even in tough times, Downtown Cincinnati continues to expand, with the resumption of the briefly stalled construction of the $400 million Horseshoe Cincinnati. Meant to boost the city’s economy and tourism, the new casino is being developed […]
Office Tower for Sale; Apple Store Revamped
By Veronica Grecu, Associate Editor
Beacon Capital Partners has announced plans to sell all or a partial stake of its office tower located in Midtown Manhattan at 1211 Sixth Ave. Beacon purchased the 2 million-square-foot building in 2006 for $1.52 billion. […]
Residential Boom, Revamped Planetarium in Chicago
By Veronica Grecu, Associate Editor
Chicago seems to be heading toward an apartment construction boom. The Chicago Sun-Times recently listed the most prominent residential communities under development in Chicago. An old office tower at 188 W. Randolph St., built in the […]
Miami’s Brickell CitiCentre and 1700 Biscayne Boulevard Approved by City Commissioners
By Georgiana Mihaila, Associate Editor
June 23 marked a great day for developers Swire Properties and James Goldstein, as Miami city commissioners approved both of their major projects that are to reshape the city core.
In an attempt to create Miami’s own […]