News
City Weighs Urban Renewal Plan for Midtown
On June 19, 20013 at a meeting of the Oklahoma City Urban Renewal Authority, Catherine O’Connor, Executive Director presented to the Board of Commissioners a staff report on the Midtown Urban Renewal Plan.
TIAA-CREF, Henderson to Birth New Euro-Asia Entity
In a transaction worth $176 million, TIAA-CREF, New York, and Henderson Global Investors, London, will create TIAA Henderson Global Real Estate, a new investment management company.
BOMA International Special Report: Most Office Users Plan to Expand or Stand Pat
A new study from the Building Owners and Managers Association International suggests that the majority of end users are either standing pat or increasing their footprints, the organization reported Monday morning at its annual convention in San Diego.
Economy Watch: Chicago Fed National Activity Index, Regional Fed Reports Up
The Chicago Fed reported that its National Activity Index increased to –0.30 in May from –0.52 in April. Three other Fed reports released in June pointed to higher than expected economic expansions, showing a rise in general business activity.
MIPIM Special Series — Part Three: Europe
Associate editor Eliza Theiss presents a focus on the European real estate market, the third in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.
Allen Institute for Brain Science Thinks Up New Facility in SLU; Housing Development in Portland Focuses on Social Issues
South Lake Union is a neighborhood that could carry any major city with the amount of real estate development and interest it is currently seeing. The new hotspot is hitting all of the required notes and doing so smartly. If there was any need for confirmation, the Allen Institute for Brain Science is taking over an entire block in SLU for the construction of its new facility.
Kent State University Hotel and Conference Center Finally Open
The Kent State University Hotel and Conference Center in Kent, Ohio, officially opened its doors to the public on Friday, June 14. The project was finished on schedule and is a centerpiece of the $100 million redevelopment of downtown Kent.
The Party Source Expands into Newport
The Party Source, regarded by many as Greater Cincinnati’s authority for beer, wine, spirits, cigars, specialty foods, and party supplies, is expanding. Soapbox Cincinnati recently reported on the retailer’s 30,000-square-foot expansion project already underway.
Howard Hughes to Start Landmark Mall Remake in Spring 2014
Earlier this year, the Howard Hughes Corporation has submitted plans to the City of Alexandria for redevelopment of the portion of Landmark Mall between the existing Sears and Macy’s stores. On Monday, June 17, the Dallas-based owner, manager and developer of commercial, residential and mixed-use real estate announced it has received unanimous approval for its rezoning plans for the property.
Twitter Chat: Randy Mason on Power of the Tenant, Benefits of Subleasing
Randy Mason (Randolph T. Mason) joined CPE for a live Twitter Chat. The transcript follows.