News
Tanger, Poag Build New Outlet Shopping Center Near Memphis
North Carolina-based Tanger Factory Outlet Centers Inc. and Poag Shopping Centers, LCC will break ground for a new Tanger Outlets shopping center in Southaven, MS on March 13. Located just 4.5 miles from Memphis at the northeast quadrant of I-69/55 and Church Road, the outlet mall will be developed in two phases.
Economy Watch: Rising Tide of Millennials & CRE
Millennials have now outnumbered Baby Boomers and their existence is bound to affect real estate.
SL Green Lands Leasing Commitments from Two Big Names
Be it office or retail space, SL Green Realty Corp.’s Manhattan portfolio always brings in the big names, and lately it’s Diesel and Swarovski.
INTERNATIONAL: Blackstone Disposes of Significant Investment in Sydney
Blackstone Real Estate Partners VI, through its portfolio company, Valad, has agreed to sell its first major property investment in Australia.
Akara Gives Chicago’s Development-Hungry Fulton River District a Boost
Akara Partners is taking an underdeveloped, transit-oriented site in Chicago and building an apartment property on it to accommodate the growing technology market where Google is opening its new headquarters.
CBRE Global Investors Grabs Multi-Tenant Office Building in Denver
On behalf of an unidentified separate account client, CBRE Global Investors has acquired 700 Broadway, an office building in Denver where Anthem is the main occupier.
Noblis Leases 160,000 SF in Reston
Noblis, Inc. is moving its headquarters to Reston. The nonprofit science, technology, and strategy organization has recently signed a lease with The JBG Companies, for 160,000 square feet of space in two buildings on Edmund Halley Drive, adjacent to the future Reston Town Center Metro station.
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.