News
Former NBA Star, Four Winds Pay $50 M for Three LES Mixed-Used Buildings
Former San Antonio Spurs star David Robinson teamed up with Four Winds Real Estate to pick up a portfolio of mixed-use properties located in downtown Manhattan.
NGKF’s Newest Acquisition
NGKF’s parent company, BGC Partners, will be acquiring a retail real estate advisory firm with quite an impressive client list.
How to Flip a KOIN
HFF has arranged financing for the purchase of an office tower in the second tightest office market in the country.
City Issues RFP for Piazza d’Italia Adjacent Sites
The City of New Orleans and the City’s public benefit corporation Canal Street Development Corporation (CSDC) have issued a requested for proposal (RFP)for the redevelopment of a two-lot site adjacent to Piazza d’Italia, one of New Orleans’ famed urban public plazas.
Totem Lake Mall in Kirkland to Undergo $200M Renovation, Expansion
The Totem Lake Mall in Kirkland was recently acquired by a joint venture consisting of CenterCal and PCCP LLC. The Village at Totem Lake LLC purchased the property from Developers Diversified Realty and Coventry Real Estate Advisors for a total of $35.5 million. The new owners are looking to extensively refurbish the asset and expand the amount of space available at Totem Lake. The shopping center will be transformed into a more modern location with new components and new anchor tenants.
Inland-PGGM JV Buys Sixth Shopping Center in Greater Cleveland
Inland Real Estate Corporation and its partner, Dutch pension fund administrator PGGM, have acquired another property in the Greater Cleveland area. The joint venture paid $28.3 million to buy the Creekside Commons shopping center.
Senior Services Provider Debuting $43 Million Apartment Community
St. Paul’s Senior Services plans a June 2 opening for St. Paul’s Plaza, a new $43 million senior community with 156 apartments in Chula Vista. The development spans 4.5 acres in the Otay Ranch master-planned community.
Arizona’s First Fisher House Providing Free Veterans’ Housing Breaks Ground in Tucson
Leadership from the Southern Arizona VA Health Care System, Fisher House Foundation, government and business leaders, Veteran Service Organizations along with community members celebrated the official ground breaking ceremony of the new Arizona Fisher House. The facility will provide free temporary housing to families of eligible veterans and military service members who are being treated at the Tucson VA or any other medical facility in Tucson.
Footwear Company to Convert Old Polaroid Campus into New Headquarters
It’s been almost ten years since Polaroid left its facility in Waltham, but a Newton-based shoe retailer wants to breathe new life into the abandoned building.