News
Keystone Unveils Updated Plans for $200 Million Mixed-Use Project in Conshohocken
The $200 million mixed-use project that Keystone Property Group is looking to build in Conshohocken is moving forward as the developer recently presented updated details for the mega-development and announced that architecture and consulting firm Gensler will lead the planning and design of the project.
Kimpton Hotels to Operate Hotel Component in $100M Mixed Use Midtown Project
Buckingham Companies, the developer of Buckingham Midtown, a 17-story, 600,000-square-foot mixed-use project in Midtown Nashville, has announced Kimpton Hotels & Restaurants as the operator of the project’s 180-key hotel component.
Toyota to Expand Technical Center in York Township, Create 250 Jobs
Toyota is looking to grow its investment in Michigan by expanding the Toyota Technical Center in York Township, a few miles south of Ann Arbor, as the company will consolidate its national headquarters in Plano, Texas.
UPDATE: Servcorp Takes a Tower Floor at One WTC
Servcorp’s deal increases leasing momentum in the iconic tower as it prepares to open, notes Durst’s director of leasing there.
The Opus Group to Complete 45,000-Sq. Ft. Industrial Expansion for King Shan in West Dundee, Ill.
The Opus Group recently announced it has received a contract to complete a major industrial expansion for Taiwan-based King Shan, L.L.C. in the West Dundee village of Kane County, IL.
Aragon Holdings Expands Multifamily Portfolio with $100+ Million Purchase of Denver and Orlando Properties
Los Angeles-based Aragon Holdings recently announced the acquisition of two residential properties in the Denver and Orlando areas, at a cost of over $100 million.
Servcorp Takes a Tower Floor at One WTC
Executive and virtual office space provider Servcorp joins Conde Nast in the iconic Lower Manhattan tower.
Swire Properties, Whitman Family Development Close Deal to Bring Saks Store to South Florida
Swire Properties Inc., in a joint venture with Whitman Family Development, reached agreement with Hudson’s Bay Co. for a Saks Fifth Avenue store to open in Brickell City Centre, a planned 565,000-square-foot South Florida shopping center.
Economy Watch: Home Prices, Negative Equity
The latest S&P/Case-Shiller Home Price Indices, which were released on Tuesday by S&P Dow Jones Indices, show a sustained slowdown in U.S. home price increase, and the national negative equity rate continued to decline in the second quarter, according to the Zillow Negative Equity Report.
Canyon Capital, Hudson Pacific Provide $140M Loan for L.A.’s Broadway Trade Center
Canyon Capital Realty Advisors L.L.C. and partner Hudson Pacific Properties Inc. will provide $140 million in financing to enable Waterbridge Capital and investor Jack Jangana to redevelop the 1 million-square-foot Broadway Trade Center in downtown Los Angeles.