News
Highwoods Properties Invests $92M in Acquisition and Renovation of Iconic Office Tower in Raleigh
In a $92.3 million deal, Highwoods Properties has acquired another landmark property in downtown Raleigh, namely the One Bank of America Plaza, a 17-story, 374,000-square-foot multi-tenant office building at 421 Fayetteville St.
LSU Opens Olinde Career Center
For students of the Louisiana State University, finding a job just got a little easier. At the start of the month, the university officially opened the new Olinde Career Center in the heart of Student Union.
The Weitz Co. to Build Senior Living Community on 6.5 Acres
The Weitz Company, a national full-service construction firm has recently announced its selection to build the Hacienda at The River project for The Freshwater Group, Watermark Retirement Communities, Inc.’s acquisition, finance, design and development arm.
Albuquerque City Council Approves $1.8M for ABQid’s “Business Accelerator”
A contract with a nonprofit group called ABQid worth $1.8 million was approved through an unanimously vote by the Albuquerque City Council. The three-year contract represents a new economic-development strategy dubbed “business accelerator” which aims to help entrepreneurs and start-up companies.
Crocker Partners Purchases 1.4 MSF Flagler Office/Industrial Portfolio
Crocker Partners has just doubled the size of its portfolio in Jacksonville, Fla.
650 California Street Acquired by Columbia Property Trust in $300 Million Deal
650 California Street was recently acquired by Columbia Property Trust, Inc. in a deal completed with owners Tishman Speyer and Prudential Real Estate Investors. The buyer paid a fee of $309 million for the iconic Class A office tower located in San Francisco’s coveted Financial District.
Blue Chip Marketing Opens New Office in Chicago
Northbrook-based Blue Chip Marketing Worldwide opened a new office in downtown Chicago on September 2nd.
DLA Piper Conference Special Report: Industry Leaders Detail Change, Opportunity
Rapid change, a global appetite for U.S. real estate assets and ample financing characterized the market snapshot offered by a panel of industry leaders at DLA Piper’s real estate summit in Chicago.
The Apartments at Denver Place Acquired by Waterton Associates
Chicago-based Waterton Associates L.L.C. recently revealed that it has purchased The Apartments at Denver Place, a 193-unit apartment community in downtown Denver.
INTERNATIONAL: Starwood to Bring Third W Hotel to Thailand by 2018
W Hotels Worldwide recently announced plans to debut W Retreat Phuket – Phang Nga Bay in southern Thailand.