News
Liberty Property Trust Completes Spec Office Tower in Houston
A little over a year after breaking ground at Legacy at Fallbrook in Houston, Liberty Property Trust has wrapped up development of the office complex’s first tower.
International: Dalian Wanda to Invest Big in Developments Across Province of Sichuan
One of China’s largest property developers says it is aiming to boost local economies and generate tax revenues with its latest enormous investment.
Paladin Partners with Local Development Company on Homebuilding Platform in Rio de Janeiro
Paladin Realty Partners continues its investment in Latin America, this time in Brazil, with a new partnership.
Starwood, Fortuna to Break Ground on Aloft Hotel in Midtown Manhattan
Starwood Hotels & Resorts Worldwide and Fortuna Realty Group are set to break ground on a hotel in Manhattan’s garment district.
Thermaldyne To Build $19M Plant In West Baton Rouge Parish
The Greater Baton Rouge area has registered another important economic win. Gov. Bobby Jindal announced this week that Thermaldyne, a provider of environmental and industrial waste remediation services, plans to develop an indirect thermal desorption plant in West Baton Rouge Parish.
Local Group Buys 22,289 SF Downtown Parking Lot for $1.78M
A parking lot at the intersection of Broadway Boulevard and Stone Avenue in Tucson changed hands recently. Swain Chapman, Owner and Managing Member of Chapman Management Group sold the property to a team of Tucson-based investors. Art Wadlund of Hendricks & Partners and President Rob Caylor of Robert Caylor Construction Company acquired the 22,289-square-foot asset for $1.78 million, or $80 per square foot, according to Real Estate Daily News. As licensed real estate brokers, bothparties represented themselves in the transaction.
Dunkin’ Donuts Announces Nine New Restaurants in Albuquerque and Surrounding Areas
America’s well-loved Dunkin’ Donuts has recently announced expanding its presence in Albuquerque and the surrounding areas. The company has signed an agreement with existing franchise group NMR, LLC consisting of developing nine new retail locations: five Dunkin’ Donuts restaurants and four multi-brand restaurants with its sister-brand Baskin-Robbins, with the first one scheduled to open in the summer of 2016.
Toll Brothers Unveils New Details for 600-Acre Community in Northwest Houston
New details have emerged regarding Toll Brothers’ previously announced 600-acre, master-planned community in northwest Houston. According to a recent press statement, the residential community has been dubbed NorthGrove at Spring Creek and will open for sale in February, 2016.
Waterton Associates Acquires 264-Unit Apartment Community in Uptown Chicago
Chicago native Waterton Associates has expanded its portfolio with the acquisition of a 264-unit mixed-use community in Chicago’s Uptown neighborhood.