News
Brookfield Asset Management Acquires Silicon Valley Office Campus
Brookfield Asset Management has acquired Rio Robles Technology Park, a 460,000-square-foot, eight-building office/R&D portfolio located in the North San Jose submarket of the Silicon Valley.
Inland Buys Aston Waikiki Beach Hotel for $183M
Inland American Lodging Group made its first acquisition in Hawaii with the purchase of the 645-room Aston Waikiki Beach Hotel in Honolulu for $183 million.
Economy Watch: A Billion Here, a Billion There; Home Prices Still on Upward Trajectory
Forbes published its annual billionaire list this week, detailing the wealth of all the known billionaires in the world. Home prices increased by 12 percent in January 2014 compared to December 2013.
Publix, Whole Foods Expanding in Metro Charlotte
Publix has officially broken into the North Carolina retail market with the opening of Publix at Ballantyne Town Center, its first location in the state.
PK Partners Plans $80M Mixed-Use Project on Vacant Parcels in Indianapolis
An $80 million commercial and residential project could soon rise on two vacant parcels along River Crossing Boulevard in Indianapolis.
Downtown Office Hi-Rise to be Redeveloped into Hotel, Apartments in $100M Project
100 North Main, the iconic downtown office building formerly known as the Union Planters Building is officially headed for redevelopment.
Jones Lang LaSalle Becomes JLL
Jones Lang LaSalle, which holds the No. 2 spot on Commercial Property Executive’s 2013 Index to the Most Powerful Brokerage Firms, has just begun using its acronym as its name.
Economy Watch Weekly: Cold Continues, but Good Housing Numbers
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Feb. 28.
Skanska Develops Medical Building in Connecticut for $149M
Skanska USA is building a new 645,800-square-foot medical specialty building on the Stamford Hospital campus in Stamford, Conn., at a cost of $149 million.
Alberta Plans 187 M-F Units, Retail in Downtown Tempe
Greenwood Village, Colorado – based Alberta Development Partners has acquired a 1.86-acre land parcel on the northwest corner of University Drive and Ash Avenue within the Mill Avenue District of Downtown Tempe, where it plans to develop a mixed-use project.
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