Development
Durst JV Invests $1.5B in Astoria, Queens
Best known for developing and managing Manhattan office towers, The Durst Organization is investing $1.5 billion in a residential and retail development at Hallets Point on the Astoria, Queens, waterfront.
The October digital issue of CPE is now available!
From the Editor: Building Confidence News Analysis: The DLA Piper Real Estate Summit and Market Survey Much of the discussion at DLA Piper’s real estate summit in Chicago centered on the rapidly growing economy and its effects on commercial real estate. TrendTalk The real estate market for legalized marijuana, George Ratiu on consumers and jobs, and Bryan Hancock on vetting crowdfunding deals. Cover Story: Pioneer Spirit Arturo Sneider’s Primestor Development has forged new territory with its shopping centers, introducing retailers to underserved urban communities. Special Report: Sea Change As the Panama Canal expansion progresses, the industrial real estate sector is…
International: Marriott, Hotecapsa to Develop Guayaquil Hotel in 2016
Ecuador ‘s largest and most populous city is set to get a brand new Marriott-operated hotel in two years, according to the hotel chain.
Capp Industries Taps Opus to Build Spec Warehouse in Suburban Minneapolis
Confidence is building in suburban Minneapolis’ industrial sector and Capp Industries is making a move to capitalize on the improving conditions.
INTERNATIONAL: AMP, Billbergia Sell Landmark Site in Brisbane
AMP Capital Select Property Portfolio No.3 (SPP3) and Billbergia have agreed to sell part of the former Vision tower site in Brisbane’s CBD to the owner of Felicity Hotel Group, which plans to develop a five-star hotel on the property.
JPI Opens 360-Unit Suburban Dallas M-F Property for Leasing
The JPI/TDI Real Estate family of companies is feeding the apartment-hungry metropolitan Dallas market with the commencement of leasing at the 360-unit luxury multi-family community One of Jefferson Center in Richardson, Texas.
Simon, Noble Investment to Build 166-Room AC Hotels by Marriott in Atlanta
Buckhead’s Phipps Plaza will soon become home to one of the few U.S. properties under the rapidly expanding AC Hotels by Marriott brand.
INTERNATIONAL: Chicago-Based Perkins+Will to Design Largest Hospital in Ghana
Perkins+Will recently announced it will handle the design of the largest hospital in the Republic of Ghana.
Cinemex Dine-In Cinema Inks Lease for its U.S. Debut at Miami’s $1B Brickell Centre Project
Hong Kong-headquartered Swire Properties Inc. recently completed a lease agreement with Cinemex, a Mexico-based dine-in movie cinema chain.
INTERNATIONAL: Tanger Outlets to Open Newly Constructed 293 KSF Store in Ottawa
The new property is Tanger Outlets’ first ground-up construction in Canada.
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