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Related, Oxford Start Construction on NYC’s $700M Hudson Yards Eastern Platform
New York City’s $15 billion, 28-acre Hudson Yards mixed-use project moves closer toward realization with the commencement of construction of the Eastern Platform.
Kilroy Grabs Premier Life Science Property in Seattle for $106M
Kilroy Realty Corp. has bought a four-story, LEED Gold–certified life science property at 401 Terry Ave. N., in Seattle’s South Lake Union submarket, from the building’s developer, Vulcan Real Estate.
MIPIM Special Report: 10 Must-Have Innovative Solutions
During a Friday morning session at the MIPIM 2014 Innovation Forum, Carlo Ratti, director of MIT Senseable City Lab and partner with Carlo Ratti Associati (Italy), Marek Partel, founding partner of Estateguru (Estonia), as well as four students from the ESSEC University in Paris discussed some of the most exciting, disruptive innovations impacting the real estate industry.
ARCP to Spin Off $2B in Multi-Tenant Shopping Centers
Looking to unlock the value of its shopping center portfolio, American Realty Capital Properties plans to spin off most of its multi-tenant retail centers into a publicly traded REIT valued at $2 billion and focus on its single-tenant net lease business.
Behringer Harvard M-F REIT Builds Property in Atlanta
Behringer Harvard Multifamily REIT I has begun construction of Cyan on Peachtree, a 23-story, 329-unit luxury apartment development in the Buckhead office and entertainment district north of downtown Atlanta.
Brookfield Acquires 460 KSF Office Asset in Dallas Suburb from Blackberry
Canadian investor Brookfield Property Group has bought Riverside Commons, a six-building, Class A office property in Irving, Texas, from Blackberry for an undisclosed amount.
Hackman Capital Buys Iconic 358 KSF Film Studio in Culver City, Calif.
Hackman Capital Partners has acquired The Culver Studios, a 358,200-square-foot independent film studio in Culver City, Calif., approximately 10 miles west of downtown Los Angeles.
C&W Taps Former NYPD Head Kelly as Prez of Risk Management Services
Cushman & Wakefield has chosen former New York City Police Commissioner Raymond Kelly to head up a newly created global Risk Management Services division to advise clients on risk-mitigation solutions.
RadioShack Closing 1,100 Stores – Repositioning Strategy
RadioShack continues to reinvent itself, but it will do it with fewer stores in the United States.
Skanska Develops Medical Building in Connecticut for $149M
Skanska USA is building a new 645,800-square-foot medical specialty building on the Stamford Hospital campus in Stamford, Conn., at a cost of $149 million.