News
OliverMcMillan Unveils Plans for Apartment Community in Tempe
OliverMcMillan, a boutique real estate developer, recently made public plans for the development of SALT, a four-story, 265-unit, Class A apartment community in Tempe. The project is located on a 3.7-acre tract in the Hayden Ferry Lakeside master planned community, which includes residential, hospitality and office developments.
Historic La Fonda On the Plaza Hotel Changes Ownership
One of the historic and iconic centerpiece buildings of Santa Fe is changing owners. La Fonda on the Plaza, the 85-year old hotel, will belong in a few weeks to longtime family friends of the Ballen family, the current owners.
Robert A.M. Stern, Clayco Tapped for OGE’s New Headquarters
Kestrel Investments and OGE Energy Corp, the parent company of the Oklahoma Gas and Electric Company recently announced that OGE’s new headquarters in downtown Oklahoma City will be developed and built by Clayco, Inc. and designed by Robert A. M. Stern Architects.
Two Kenwood Retail Centers Fetch $32M
By Adrian Maties, Associate Editor Two fully occupied retail centers located across the street from one another in Kenwood are under new ownership. A joint venture of Cincinnati-based Jeffrey R. Anderson Real Estate Inc. and Kentucky-based P&P RE L.L.C. sold Kenwood Pavilion and Kenwood City Place to Colorado-based GDA Real Estate Services L.L.C. for $32 […]
Sustainable Contribution: Panasonic Marks One Year in Newark
One year ago, Panasonic Corp. of North America moved to Two Riverfront Plaza in Newark, N.J., built to be highly sustainable and in a location intended to benefit the community as much as the company. CTO Todd Rytting sat down with CPE to offer insights into the process and results.
AXA Acquires M-U Office Asset in Tokyo
AXA Real Estate Investment Managers has bought the Nishi Shinjuku KF Building in central Tokyo.
Datappraise to Advance CRE Appraisal Software Offerings with Capital Investment by Valbridge
Datappraise has just received perhaps the most significant endorsement a young company can get: a capital investment.
CREW Special Report: Lowest Cap Rates in History, Global Liquidity, Raise Fears of U.S. Commercial Property Inflation
The flood of liquidity worldwide is leading to an increase in commercial real estate values, said Ken Rosen at a luncheon during the 2014 CREW Network Convention & Marketplace this week in Miami.
Cominar Acquires $1.2B CRE Portfolio from Ivanhoé Cambridge
Cominar Real Estate Investment Trust has acquired a real estate portfolio of 14 properties in Québec and Ontario from Ivanhoé Cambridge Inc. for $1.2 billion.
C&W Arranges Financing for 2.5 MSF Office, Retail Complex in Atlanta
Capital improvements will be made at Peachtree Center in downtown Atlanta, thanks to $182 million in financing obtained by Cushman & Wakefield for owner Banyan Street Capital and its foreign equity partner.