News
White Eagle Property Grabs Sizeable Community in Florida
White Eagly Property is riding Orlando’s multi-family wave.
Ivanhoé Cambridge Expands in London
Ivanhoé Cambridge has got its sights set on central London for the long haul.
U.S. Lacrosse Breaks Ground on $15M Headquarters in Sparks
U.S. Lacrosse has finally started work this month on its new national headquarters complex. The project is being developed in Sparks, a community in Baltimore County. It will cost $15 million.
Redbrick, David Werner Buy 2,175-Unit Apartment Portfolio in Fairfax County
After registering several important transactions in April, the Greater Washington apartment market ended the month in full force, with the sale of a 2,175-unit multifamily portfolio in Fairfax County.
266 New Apartments Planned for Downtown St. Paul
Sherman Associates of Minneapolis is moving forward with a $50 million multifamily development adjacent to its West Side Flats near downtown St. Paul, the Star Tribune reports.
Proposed New Tower to Transform San Antonio Skyline
Weston Urban, Frost Bank, and the City of San Antonio have finally agreed on a complicated land swap that has been on the negotiation table for almost a year. The decision will dramatically change San Antonio’s skyline by bringing to the downtown area the first office tower since 1989.
TIAA-CREF Buys Stake in Hawaii’s Largest Shopping Mall
In a $454 million deal, TIAA-CREF has acquired a 12.5 percent equity interest in Honolulu’s Ala Moana Center from General Growth Properties, Inc. (GGP).
CBL, Stirling Announce Additional Tenants for 635K SF Fremaux Town Center
CBL & Associates Properties, Inc. and Stirling Properties have announced 12 additional tenants for the 285,000-square-foot second phase of Fremaux Town Center
Microsoft Office Trades Hands as Kilroy Sheds 10 West Coast Assets
Kilroy Realty Corp. recently offloaded a consistent amount of inventory that netted the company approximately $309.2 million in gross proceeds. The real estate investment trust sold ten office properties totaling roughly one million square feet of space with an average occupancy rate of 84 percent.
Cabela’s to Build 81,000 SF Store in Avon
By Adrian Maties, Associate Editor Cabela’s Inc. plans to open another store in the state of Ohio. This time, it will be located it the Greater Cleveland area. Construction on the Avon store is expected to start later this year, with an opening set for the fall of 2016. The cost of the project was […]