News
Kamehameha Schools Sells Interest in Iconic Honolulu High-Rise
Kamehameha Schools, Hawaii’s largest private landowner, has sold the land under the 41-story mixed-use Executive Centre tower in downtown Honolulu.
Rouse Properties Completes Sale of The Shoppes at Knollwood
New York City-based Rouse Properties, Inc., a division of General Growth Properties (GGP) has completed the sale of The Shoppes at Knollwood in St. Louis Park, Minn.
CBRE Represents Price Development Group in Sale of Broadstone Colonnade in San Antonio
The Broadstone Colonnade apartment complex was sold to an anonymous buyer for an undisclosed price. The seller, Missouri-based Price Development Group, has been represented in the transaction by CBRE Capital Markets through Charles Cirar, Ryan Epstein, and Michael Wardlaw.
Beachwood Developer Plans 200,000-SF Distribution Center in Solon
ORG Holdings LLC intends to build a 200,000-square-foot warehouse on an 11-acre site located at 6801 Cochran Road.
Trammell Crow Residential, Bluerock to Develop Luxury Apartments Near Texas Medical Center
Trammell Crow Residential (TCR) and Bluerock Residential Growth REIT have joined forces for the development of a new, 269-unit apartment community in Houston. Dubbed Alexan Blaire House, the luxury community will be developed on a 4.2-acre tract just two miles from the renowned Texas Medical Center.
First Ever Virgin Hotel Opens in Chicago
The first property to be part of Sir Richard Branson’s new Virgin Hotels brand opened its doors in Chicago, marking a significant milestone in the history of the Virgin Group.
Wood Partners Makes Progress on Luxury Apartment Community in Downtown Dallas
Atlanta-based Wood Partners recently started work on the development of Alta Farmers Market, a 313-unit apartment community in downtown Dallas. The developers expect to complete the project sometime in late 2015.
Simpson Thacher & Bartlett Signs 40,000-SF Lease at 900 G St.
One of the world’s leading international law firms is moving to 900 G Street, N.W. Simpson Thacher & Bartlett LLP has recently signed a 15-year lease for 40,000 square feet of space in the building. MRP Realty and ASB Real Estate Investments made the announcement on Tuesday, January 20.
Developer Plans 15-Story Apartment Asset in Baltimore’s Little Italy
The year has just started and already we know of three new multifamily developments planned for the Baltimore area. The third and latest project will replace the former Della Notte restaurant, in the Little Italy neighborhood, with a 15-story apartment tower.
Tulsa’s 1925 Gates Building Gets 21st-Century Makeover
KSQ Architects has recently acquired the historic Gates Hardware building in downtown Tulsa, with plans to relocate its 47-person staff on the building’s second floor following renovations.