Development
INTERNATIONAL: Hines Taps Aconex for Construction Management Services at Bayside Waterfront in Toronto
Hines has picked Aconex to provide construction management services for the first phase of infrastructure at Bayside Waterfront, a $910 million mixed-use waterfront development in Toronto.
Servcorp Takes a Tower Floor at One WTC
Servcorp has leased a 34,775-square-foot tower floor in the 3 million-square-foot One WTC.
Swire Properties, Whitman Family Development Close Deal to Bring Saks Store to South Florida
Swire Properties Inc., in a joint venture with Whitman Family Development, reached agreement with Hudson’s Bay Co. for a Saks Fifth Avenue store to open in Brickell City Centre, a planned 565,000-square-foot South Florida shopping center.
Canyon Capital, Hudson Pacific Provide $140M Loan for L.A.’s Broadway Trade Center
Canyon Capital Realty Advisors L.L.C. and partner Hudson Pacific Properties Inc. will provide $140 million in financing to enable Waterbridge Capital and investor Jack Jangana to redevelop the 1 million-square-foot Broadway Trade Center in downtown Los Angeles.
INTERNATIONAL: Asian Investors Unveil Mixed-Use Development Projects in Brisbane
Heeton Holdings Limited, Lian Beng Group Ltd. and KSH Holdings Ltd. have announced plans for the construction of an approximately $139 million development.
INTERNATIONAL: Brookfield Multiplex Completes Micro Nano Research Facility at Melbourne’s RMIT City Campus
Brookfield Multiplex has completed construction of the Micro Nano Research Facility at the Royal Melbourne Institute of Technology University City Campus.
Kimpton Hotels Buys Historic Chicago Office, Plans $86M Conversion
Kimpton Hotels & Restaurants looked at an office building in Chicago and saw a boutique lodging destination.
Payne Becomes SARES-REGIS President of M-F Development
Multi-family veteran Christopher Payne has joined SARES-REGIS Group as its new president of multi-family development.
Atlas Capital Leads Investor Group to Acquire L.A.’s EVOQ Properties
Affiliates of Atlas Capital, Square Mile Capital and USAA have announced plans to acquire EVOQ Properties. EVOQ’s holdings include more than two million square feet of rentable space and more than 13 acres of prime development land in Downtown Los Angeles.
