Development
GLP to Develop 3 Large-Scale Logistics Facilities in Greater Tokyo
Global Logistic Properties Ltd. (GLP) has announced it is beginning construction on three major multi-tenant logistics facilities in Greater Tokyo.
Stanford Hotels Affiliate to Develop San Francisco’s First New Upscale Hotel Since ‘08
SOMA Hotel, a privately held hotel development company and an affiliate of the Stanford Hotels Group, has acquired a prime development site in San Francisco’s South of Market neighborhood and plans to build the first full-service hotel in the city since 2008.
After Manhattan’s Banner 2013, Experts Await an Encore
“I think we can cheer about 2013 and feel pretty good about 2014.” That was how Ron Lo Russo, president of Cushman & Wakefield Inc.’s New York Tri-state region, summed up the outlook Tuesday morning at a briefing in Midtown Manhattan.
Winthrop Realty Trust’s Times Square NY Venture Refinances Existing Debt
The development venture that bought 701 Seventh Ave. in Manhattan’s Times Square in October 2012 has completed $815 million in refinancing.
Wood Partners to Break Ground on 270 KSF Apartment Building in Tempe, Ariz.
Wood Partners is preparing to break ground on Alta Tempe, a 296-unit apartment complex at University Drive and Dorsey Lane in Tempe.
Executive Spotlight: Stephanie Berman-Eisenberg, Carrfour Supportive Housing
Stephanie Berman-Eisenberg, president & CEO of Carrfour Supportive Housing, is leading this non-profit’s efforts to provide housing to the homeless in Miami-Dade County, Fla.
SPECIAL REPORT: Prudential Sees Economy Heating Up in 2014
Prudential expects the economic recovery in U.S. to gain momentum in 2014.
Mitsui Fudosan Develops 202 KSF Office Property in San Francisco
Looking to take advantage of the hot tech market in San Francisco, Mitsui Fudosan America has formed a joint venture with SKS Partners to develop a 202,000-square-foot Class A, speculative office building at 270 Brannan St. near Second Street in SOMA’s historic South Beach district.