News
HFF Secures $165M in Financing for 2 MSF Retail Portfolio in Pennsylvania, Ohio
A 1.9 million-square-foot collection of four retail properties in metropolitan Pittsburgh and the greater Toledo region has reeled in $165 million in financing.
SMG/Shamrock, W Capital Group Grab Former Golden Sands Development Site in Miami Beach
A joint venture between SMG/Shamrock and W Capital Group has acquired a vacant lot at 6901 Collins Ave. in Miami Beach from a subsidiary of Lehman Bros.
Global Law Firm Signs 440 KSF Lease at Premier Rockefeller Center Location
Powerhouse global law firm White & Case has signed a long-term lease for 440,000 square feet at the Class A tower at 1221 Avenue of the Americas, also known as the McGraw-Hill Building, in Manhattan.
Economy Watch: State Unemployment Rates Mostly Down in March; Number of Underwater Homes Dropping
In March, a total of 24 states had unemployment rates significantly lower than the U.S. figure of 6.7 percent. The first quarter of 2014 reported the lowest underwater residential properties since 2012.
Starwood’s Aloft Brand Debuts in Oklahoma City
Starwood Hotels & Resorts Worldwide Inc. recently announced that its Aloft brand has arrived in Oklahoma City with the opening of the new Aloft Oklahoma City Downtown – Bricktown.
Simon to Renovate, Expand Iconic Fashion Centre at Pentagon City
The Fashion Centre at Pentagon City, the largest enclosed shopping mall in Arlington, is getting a makeover. Simon Property Group, Inc., the property’s owner, announced on April 16 its plans to renovate and expand the upscale shopping mall.
Hennepin County Medical Center Announces Plans to Expand Downtown Campus
Hennepin County Medical Center recently announced the construction of a new 322,000-square-foot clinic and specialty center. The new addition will expand its downtown Minneapolis campus and aims to meet the growing demand for outpatient and specialty services.
Cincinnati Ranked 6th Best Market for Recent College Grads by Apartments.com
Many of the students that graduate from Cincinnati colleges and universities choose to remain in the city. And, according to the seventh annual Apartments.com “Top 10 Best Cities for Recent College Graduates,” this is a wise move, because Cincinnati is number 6 on the list this year.
City Council Green-Lights Robertson Properties’$767M Mixed-Use TOD in Honolulu
The Honolulu City Council has granted Robertson Properties Group the final approval for the construction of its proposed $767 million, 1,500-home mixed-use development in Aiea.
HMC Nabs Management Contract for Slidell Wingate Inn
By Eliza Theiss, Associate Editor Dallas-based Hospitality Management Corp. (HMC) has been appointed manager for the new 82-key Wingate Inn Slidell/New Orleans East. Located in Slidell, just 30 minutes north of New Orleans, the 2013-built hotel is easily accessed from I-10, making it easy to reach local attractions such as the Infinity Science Center, Oak […]