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JV to Build $1.2B Angels Landing High-Rises
Three companies have teamed up to develop the mixed-use project planned for the 2.2-acre site on L.A.’s Bunker Hill. The towers are expected to be among the tallest in all of the western U.S.
Activity Abounds at Gaedeke’s Dallas Office Properties
One McKinney Plaza, 17Seventeen McKinney and Regency Plaza wrappped up the year with a burst of new leases, as the buildings’ owner makes renovation plans at two of the assets.
Caesars, VICI Close $1.1B Harrah’s Sale-Leaseback
The deal paves the way for Caesars to develop a new convention center and partially funds the firm’s previously announced acquisition of Centaur.
Luxury Hotel Breaks Ground in Tribeca
The partnership—including Caspi Development, Mactaggart Family & Partners and Barone Management—expects to deliver the 96-key Manhattan property in 2020.
Two-State Industrial Portfolio Commands $40M
BPP Pacific sold the assets located across Arizona and Colorado in a deal facilitated by JLL. The properties are 92 percent leased to 17 tenants.
NYC Mixed-Use Development Secures $190M Loan
Trinity Place Holdings has begun construction on 77 Greenwich St., which will include luxury condos and a long-awaited public school for Lower Manhattan.
Miami’s Citigroup Center Emerges From $20M Makeover
Crocker Partners has completed the upgrade of the 803,000-square-foot office tower, refurbishing the exterior, transforming the lobby and creating the largest tenant amenity conference center in the downtown market.
Forest City Initiates Major Retail Selloff
Once the Madison International Realty and QIC transactions are completed, Forest City will have exited from substantially all of the shopping center-based retail in its portfolio.
Skanska to Build $125M Mixed-Use Tower in MA
The company is developing on EF Education First’s campus in Cambridge. EFIII will include office and administrative accommodations, as well as student housing.
NYC’s Largest Modular Hotel Tops Off
Working on behalf of Brack Capital Real Estate and citizenM, general contractor Rinaldi Group is quickly approaching the completion of the 300-key citizenM Bowery Hotel.