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Kimco to Build $110M Shopping Center in Baltimore Area
The company will erect the 575,000-square-foot Mill Station on the land that had been home to the now-demolished Owings Mills Mall.
Baby Boomers Embrace the Live-Work-Play Lifestyle
Christopher Brown, co-developer of Giralda Place, talked to CPE about the new mixed-use development underway in downtown Coral Gables, as well as how the project appeals to Baby Boomers.
NY-Area Retail Centers Land $663M Refi
The refinanced portfolio comprises 98.1 percent leased retail centers anchored by grocery stores, including ShopRite, Aldi, Home Depot and more. The loans include 14 fixed- and two floating-rate facilities with terms ranging from seven to 13 years.
CBRE Wins $200M Contract for NY Public Library Revamp
Architecture firms Mecanoo and Beyer Blinder Belle are behind the project design. Upgrades will make way for a five-story wall of book stacks, new meeting rooms, 17,000 square feet of reading and study space and more.
Holder Properties Sells 4 Office Buildings in Charleston
As part of the deal, Holder Properties has agreed to continue to manage the buildings on behalf of the new owners. Each property boasts a mix of local, regional and national tenants.
Retail Strategies: New Market Properties
Joel Murphy, CEO of New Market Properties, provides insights into retail trends and how his company is addressing them, including the best markets and tenants for today and tomorrow.
Caesars to Buy Indiana Gaming Operator for $1.7B
The company, in bankruptcy not long ago, seems to see the purchase of Centaur Holdings as a safe bet. Subject to regulatory approvals and other closing conditions, the transaction is expected to close in the first half of 2018.
Tech Office Users Branch Out
With companies vying for the diminishing pool of available office space in North America’s top tech neighborhoods, surrounding submarkets are primed to benefit from the overflow of demand, according to CBRE’s annual Tech-30 report.
Medistar to Develop 550 KSF Medical Tower in Houston
The Class A development will be adjacent to an InterContinental hotel and a 35-story luxury apartment community and will serve the demand of the growing health science industry in Texas.
JPMorgan Chase Commits $900K to Help Detroit Go Green
The money will target infrastructure projects, in addition to Chase branch updates for better energy efficiency. The Nature Conservancy, Eastside Community Network and Jefferson East community are some of the groups accessing the funds.