Development
Neiman Marcus’ Planned NYC Debut Marks a Retail Milestone, Insiders Say
The Dalas-based luxury retailer is the latest high-profile addition to the retail roster at Related Cos.’17 million-square-foot mixed-use project on Manhattan’s West Side.
Executive Spotlight: Riggs Kubiak, Honest Buildings
Riggs Kubiak, founder & CEO of Honest Buildings, talks about his formation of a platform that New York real estate developers and owners can use to connect with architects, contractors and other vendors.
Inland Real Estate, PGGM to Develop Power Center in Chicago
Inland Real Estate Corp. and Dutch pension fund advisor PGGM are teaming up to develop Pulaski Promenade, a 133,000-square-foot power center on Chicago’s southwest side.
Zero Energy Buildings to Become Big Business in Future
Navigant Research predicts the market’s annual global revenue will skyrocket to $1.4 trillion in 2035.
INTERNATIONAL: Starwood to Bring Third W Hotel to Thailand by 2018
W Hotels Worldwide recently announced plans to debut W Retreat Phuket – Phang Nga Bay in southern Thailand.
Ramco-Gershenson Plans Expansion of Newly Acquired Colorado Shopping Center
Ramco-Gershenson Properties Trust is planning to add about 100,000 square feet of retail to Front Range Village, an 810,000-square-foot shopping center in Fort Collins, Colo., it acquired this week for $128.3 million.
Related Beal Launches 343 KSF Congress Square Project in Boston
Eight months after announcing its acquisition of The Block on Congress, Related Beal has launched the transformation of the 343,000-square-foot space into the mixed-use Congress Square.
INTERNATIONAL: Starwood Plans Four New Luxury Resorts on Tropical Hainan Island in China
Starwood Hotels & Resorts Worldwide Inc. is expanding its luxury presence in China with the opening of four new properties on Hainan Island by 2020.
Nevada CRE Executive: State Best Choice for Tesla’s $5B Battery Factory
Tesla Motors Inc.’s decision to locate its $5 billion battery “Gigafactory” in Nevada came as no surprise to at least one local commercial real estate executive.
Hillwood Expands into Memphis
Commercial developer Hillwood will open a new office in Memphis that will be led by industry veteran Kurt Nelson.