News
Stream Realty Announces Houston CBD Acquisition, Retail Center Grand Opening
It’s been a busy new year for Stream Realty Partners, L.P. Just recently, the Dallas-based firm announced the grand opening of their Center at Pearland Parkway in Pearland and the acquisition of 600 Jefferson in the Houston CBD.
Stream Realty Prepares to Break Ground on Irving Office Project
Dallas-based Stream Realty Partners will soon start work on Connection Park, a two-building office project in Irving, Texas. Located near the Dallas/Fort Worth Airport and other major thoroughfares, the project will be developed in two phases.
Penn Approves Final Design for $77.6 Million Perelman Center
The West Philadelphia Title and Trust Company building in University City is set for a three-year, multi-million renovation and expansion project.
ClubCorp Expands in Chicago with Rolling Green Country Club
Dallas, Texas-based ClubCorp, an owner and operator of private golf and country clubs has recently acquired the Rolling Green Country Club in Arlington Heights, Illinois.
Outlets of Michigan Nears Start of Construction
More than six months after unveiling plans to build an open-air shopping center in Romulus, MI, New England Development took another step forward in this project.
$148 Million Lightweight Research Center Opens in Detroit
A new innovation center officially opened in Corktown on January 15, marking another big step forward in Detroit’s drive to become a technology hub and lure back its lost manufacturing jobs.
JLL Income Property Trust Pays $16M for Chicago Parking Garage
Jones Lang LaSalle Income Property Trust, Inc. has recently completed the purchase of Ohio Ontario Self Park, a 336-stall parking garage in Chicago’s River North area.
The Pinnacle, Two Live Oak Acquired by Brookdale Group Investment Fund
Two Buckhead office towers changed hands recently, The Brookdale Group announced in a news release. The Atlanta-based privately held commercial real estate investment company’s newly formed seventh fund purchased the properties from TIAA-CREF for a combined $201 million. Cushman & Wakefield’s Capital Markets team of Atlanta represented the seller during the negotiations with Executive Directors David Meline and Stewart Calhoun, Senior Director Samir Idris and Brokerage Services Director Casey Masters in charge.
YOTEL Picks Williamsburg Site for New Micro-Hotel project
Almost four years after the first micro-hotel was successfully launched in Midtown Manhattan in 2011, the UK-based luxury hospitality chain YOTEL is planning to open a second cabin-like hotel in Brooklyn’s Williamsburg neighborhood.
$14 Million CubeSmart Self-Storage Facility Approved for Development
The Boston Redevelopment Authority (BRA) green-lighted a project proposal to transform the vacant warehouse at 99 Rivermoor Street in West Roxbury off of VFW Parkway into a high-quality self-storage facility with new loading areas and accessory uses.