News
Cordish, Giants Detail $1.6B Waterfront Plan Near AT&T Park
By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor A 27-acre parcel near AT&T Park is the proposed site of a sports-anchored $1.6 billion waterfront plan that would be among the nation’s largest urban mixed-use developments. The Cordish Cos. is teaming up with the San Francisco Giants on the 3.5 millon-square-foot office, retail and residential complex. Dubbed […]
Lowe Enterprises Investors Acquire Affinia Chicago Hotel
By Gabriel Circiog, Associate Editor The 28-story Affinia Chicago Hotel has been acquired by Lowe Enterprises Investors on behalf of an investment client. The seller, Denihan Hospitality Group, was represented by Eastdil Secured. Lowe Enterprises Investors represented itself in the transaction. Hotel management will be taken over by Destination Hotels & Resorts—an affiliate of Lowe […]
Leander City Council Approves 2,000-acre Development
By Camelia Bulea, Associate Editor
The first day of May marked the approval of a 2,000-acre development that will be built in Leander over the next decade. The upscale development will include 3,200 residential homes and apartments, retail space, park land […]
Cornerstone Realty Pays $26.1M for Lincoln Commerce Park 2
By Alex Girda, Associate Editor In a $26.1 million deal, a joint venture of Lincoln Property Co. and Invesco Realty Advisors sold Lincoln Commerce Park 2, a 336,665-square-foot complex in Phoenix, to an affiliate of Cornerstone Realty Advisers L.L.C., Business Real Estate Weekly of Arizona reported. The 336,665-square-foot, four-building complex is part of Lincoln Commerce […]
Construction of $1B Green Palomar Medical Center Completed
By Gabriel Circiog, Associate Editor The new 740,000-square-foot Palomar Medical Center has passed state inspection and is scheduled to open Aug. 19. Located on a 56-acre site in the Escondido Research and Technology Center close to State Route 78 and Interstate 15, the hospital building was designed by Los Angeles-based CO Architects. The design of […]
New Orleans Receives $40.1M in FEMA Repair Funds
By Eliza Theiss, Associate Editor There is still plenty to rebuild and repair in New Orleans, but FEMA grants have made a huge difference on the Crescent City’s road to recovery. Another $40 million in FEMA funds will go to specific projects in the city, reported The Times-Picayune, further helping to restore New Orleans to its […]
Vita-Mix Breaks Ground on $10M Expansion of Olmsted Falls World Headquarters
By Adrian Maties, Associate Editor
The Vita-Mix Corp. broke ground last week on a $10 million expansion of its world headquarters in Olmsted Falls. The increasing demand for high-performance blending equipment both nationally and in more than 80 countries worldwide has convinced the renowned blender manufacturer of the need to expand its current facility.
More than 400 […]
New Homes Coming to Corryville
By Adrian Maties, Associate Editor
The Corryville Community Development Corp. (CCDC) was formed when the University of Cincinnati teamed with the Corryville Community Council and the Short Vine Business District. Its purpose: to develop the Village at Stetson Square, an $80 million community that opened in 2006 in Corryville. Now developers are getting ready to start […]
Colliers Brokers Sales of Two Tampa Bay-Area Multifamily Properties
Colliers International Tampa Bay and Colliers National Senior Housing (also based in the Tampa Bay Colliers office) have successfully closed two multifamily sales in the Tampa Bay area.
New Wood Partners Project to Be Set in Washington Corridor
Following the late February groundbreaking of the luxury Alta Woodlake Square community in Houston’s Westchase District, developer Wood Partners L.L.C. is now eyeing the Washington Corridor for its newest project.