Development
Windsor Renewal Buys 320 Acres, 500 KSF of Industrial from Kodak
Windsor Renewal I, a division of The Broe Group, has taken a major step toward further developing the Great Western Industrial Park in Windsor, Colo., with the acquisition of 320 acres of land and 500,000 square feet of industrial buildings from Eastman Kodak Co. in a partial sale-leaseback transaction.
Clarion, Equity Partner Invest $100M in 1.4 MSF Sao Paulo Industrial Project
Looking to capitalize on what will certainly be a growing economy in the next few years, Clarion Partners has acquired 78 acres of land in a northwest suburb of Sao Paulo. The company intends to develop and lease a Class A industrial facility that will eventually include 1.4 million square feet of space.
Building and Land Technology Picks up 614 KSF Stamford Office Complex
Building and Land Technology, one of the largest property owners in Connecticut’s Fairfield County, has just acquired 695 E. Main St. in Stamford. The new owners will be renaming the 614,000-square-foot office complex the BLT Financial Center.
CPE's Top 11 in '11
Taken as a whole, 2011 was something of a tumultuous year, but an interesting time for commercial real estate. CPE presents our top 11 stories from 2011.
Marriott Marquis Hotel and Marina $182 Million Upgrade Project Reaches California Coastal Commission for Final Approval
By Gabriel Circiog, Associate Editor The San Diego port directors have approved the upgrade project for the Marriott Marquis hotel and marina. Signon San Diego reports the plan is off to the California Coastal Commission for final approval. The $182 million project features interior remodeling, replacing the Marriott Hall which is located west of the […]
Wood Partners to Begin Construction on 207-Unit Dallas Multi-Family
Capitalizing on the opportunities that the multi-family sector will present in the upcoming years, Wood Partners is slated to begin building two three-story apartment buildings on a five-acre plot in Southwest Dallas.
Skanska Nabs $60M Renovation Contract in Pennsylvania
Skanska USA has reached an agreement on the Spring House research complex in Montgomery County, Pa., securing a $60 million contract from Janssen Research & Development L.L.C. to provide construction-management services.
PwC: Investor Interest in Offices, Apartments to Gain Steam Next Year
Investor interest in the office market will gain some steam in 2012, as per results of the PricewaterhouseCoopers’ Real Estate Investor Survey, and the apartment sector will continue to attract a great deal of attention — as well as development dollars.
Duke Realty Buys 1.4 MSF of Industrial, 98 Acres of Land in Dallas
Courting two different sellers is no easy task, but Duke Realty Corp. has announced this week that it has done just that, adding two industrial properties in the Dallas area to its portfolio that total 1.4 million square feet.
CPE TV: Beyond Redevelopment
States under fiscal duress are rethinking traditional urban redevelopment models. In California the Redevelopment Agency system is, barring state supreme court reversal of earlier decisions, expected to virtually disappear. An Urban Land Institute panel of experts discusses how cities, developers and investors will operate in a post-RDA world.