News
Convergys Corp. Selling Downtown Cincinnati HQ
Convergys Corp. is selling its downtown Cincinnati headquarters but plans to lease space in the building once the transaction is finalized.
Tanjong Pagar Centre to Become Singapore’s Tallest Building in 2016
GuocoLand has unveiled plans to build the tallest structure in Singapore. At 951 feet, the proposed Tanjong Pagar Centre will also rise as the company’s first integrated mixed-use development in the city and region.
Crane Worldwide Signs 150 KSF Industrial Lease
In order to comfortably service one of its energy clients, Crane Worldwide Logistics has signed a 150,000-square-foot industrial lease at 6501 Navigation Blvd. in Houston.
Trammell Crow, Carlyle Group Break Ground on 182-Unit Junction Flats
Trammell Crow Company recently announced that, through its wholly owned subsidiary High Street ResidentialSM, in partnership with The Carlyle Group, has broken ground on a new transit-oriented multi-family community in downtown Minneapolis.
MIPIM Special Series—Part Two: Focus on the US
Associate editor Eliza Theiss presents a focus on foreign investment in U.S. real estate, the second in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.
ARCP Back in the News: Acquiring CapLease for $2B
American Realty Capital Partners and CapLease Inc. just signed a definitive merger agreement under which ARCP will acquire all of the outstanding shares of CapLease in a transaction valued at approximately $2.2 billion.
Economy Watch Weekly: Good Month for Housing, Fed Chairman Warns Against Austerity
CPE’s economic analyst, Dees Stribling, gives his update for the week ending May 24.
ML Realty Buys 460 KSF Suburban Dallas Industrial Portfolio
ML Realty Partners L.L.C. has increased its presence in metropolitan Dallas by nearly half-a-million square feet with the acquisition of a group of distribution buildings at Park West Commerce Center in Coppell, Texas.
Braeburn Estates’ Master Planned 1 MSF Shell Centre Redev Approved
The planning application submitted by Braeburn Estates, a joint venture of Canary Wharf Group and Qatari Diar to redevelop the Shell Centre on London’s South Bank has been approved by the London Borough of Lambeth.
CBRE Fund Buys $144M Trophy Office in Atlanta Suburb
CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors, has purchased Three Ravinia, a 31-story, 813,750-square-foot trophy office building in north suburban Atlanta.
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