News
Dexus Property’s 1 Bligh St. in Sydney Recognized as World’s Most Innovative High-Rise
Deutsches Architekturmuseum, in association with DekaBank and Stadt Frankfurt am Main has awarded “The International High-rise Award 2012” to 1 Bligh St. in Sydney.
Wood Partners Begins Construction on Downtown Denver M-F Complex
Wood Partners, East West Partners and USAA Real Estate have teamed to break ground on Alta City House, a five-story, 281-unit luxury apartment complex in Denver, Colo., that’s part of an ambitious urban redevelopment project.
Johnson Development to Solicit Projects for 113-Acre Memphis Industrial Complex
Johnson Development Associates has big plans for Aerotropolis Business Park, the 113-acre site it acquired in Memphis, Tenn., earlier this year.
Keating Hotel Group Refinances 2 Historic Gaslamp Properties
By Alex Girda, Associate Editor
The Keating Hotel Group has refinanced the Keating Hotel and the Mercantile Building, two neighboring properties in San Diego’s Gaslamp District. A team from Holiday Fenoglio Fowler L.P. led by Aldon Cole and Husayn Hasan placed […]
HFF Closes $107M Sale of Office Portfolio in Boston’s Seaport District
HFF has been involved with another multimillion-dollar deal in Boston’s Seaport District, an up-and-coming area along the South Boston waterfront, with the $107 million sale of a four-property portfolio to DivcoWest Properties.
Economy Watch: Growth at “Measured Pace,” Says Fed; New Home Sales Sink Slightly
The Federal Reserve stated that economic activity is expanding at a “measured pace.” And new home sales took a small monthly dip, down 0.3 percent.
South 15 Partners Eyes 2 MSF Industrial Complex Near Henderson Airport
In a move that paves the way for development of a 2 million-square-foot industrial complex, the Henderson city council has approved the sale of 150 acres near the Henderson Executive Airport. According to VegasINC, South 15 Partners L.L.C., the developers, paid $13.6 million for the parcel. The project would be the submarket’s first large-scale industrial development in many years.
Gray Tops Executive of the Year Awards — Again
Jonathan Gray’s continued acquisition pace once again led the CPE 100 to vote him CPE’s Executive of the Year in 2012.
Equity Residential Partners with AvalonBay on $16B Archstone Purchase
In an SEC filing, AvalonBay estimates the weighted average capitalization rate for the combined Archstone portfolio to be in the high 4 percent range.
Holliday Fenoglio Fowler Arranges Acquisition Financing for Southlands Town Center
Holliday Fenoglio Fowler, L.P. has arranged acquisition financing for Southlands Town Center—a mixed-use property in Aurora, Colo. Working on behalf of Northwood Investors LLC, the HFF team led by Managing Director Travis Anderson and Senior Managing Director Eric Tupler placed the five-year loan with CIBC World Markets.