News
Phillips 66 Chooses Westchase District Site for New Global Headquarters
Independent downstream energy company Phillips 66 has released plans that it will soon start building its new global headquarters at a 14-acre site in the Westchase District.
Luxury Residential Development Announced in St. Louis Park
By Gabriel Circiog, Associate Editor A new luxury residential development has been announced in the inner-ring Minneapolis suburb of St. Louis Park. A joint venture that includes Madison, Wis.-based E.J. Plesko & Associates Inc., Fiduciary Real Estate Development Inc. and Northwestern Mutual, both of Milwaukee, will develop the 36 Park Apartments. Located at 3601 Park […]
Ranch at Ridgeview, Pecan Square Apartments Change Hands
By Camelia Bulea, Associate Editor Ohio-based Connor Group recently announced the sale of the Ranch at Ridgeview in Plano, marking the fourth deal the company has completed in the past six months. The property was sold to investor Caf Rar Spe L.L.C. of Frisco. Terms of the sale were not disclosed. Connor Group owned the […]
Apartment Communities Sell in Metro Area
By Adrian Maties, Associate Editor Investors are looking to capitalize on the high demand for apartments in the Washington, D.C., metro area. From affordable housing to luxury condos, apartment communities have been seeing a lot of activity. In the past week, two apartment complexes sold in the Washington, D.C., metro area, totaling 1,005 units. One […]
Agua Caliente, World’s Largest Solar Plant, Hits Milestone
By Camelia Bulea, Associate Editor The Agua Caliente solar project—the world’s largest photovoltaic power plant currently in operation—has achieved 250 megawatts of grid-connected power out of a total capacity of 290 megawatts. Built by First Solar Inc. on a 2,400 acre-site between Yuma and Phoenix, the plant started operation in January, when it generated its first 30 […]
Clear Edge Filtration Headed to New HQ; Hilton Tower Rises
By Gabriel Circiog, Associate Editor Clear Edge Filtration Inc. will move to a new 175,000-square-foot headquarters at the Greenhill Distribution Center industrial park in early 2013. The new facility will accommodate the industrial process filtration system company’s plans to increase its Tulsa-area workforce to 180 people. Tulsa Mayor Dewey F. Bartlett Jr. commented, “The manufacturing […]
Apartment Development on Jefferson Highway Faces Road Block
The 315-unit mixed-use Cedar Lodge Apartments project planned on Jefferson Highway might not take off from the drawing board
Harbor Group Sells Suburban DC Apartment Complex to County for $90M
A Harbor Group affiliate has sold Hamptons at Town Center, a 768-residence apartment community in Germantown, Md.
TIAA-CREF Buys Massive Retail Property in England for $451M
TIAA-CREF has purchased a colossal shopping center in Basingstoke, from Grosvenor, a privately owned property group.