News
Economy Watch: ADP Reports Jobs Increase
Payroll specialist ADP Employer Services reported on Wednesday that the U.S. private sector added 216,000 jobs in February. Forbes magazine released its annual list of the world’s billionaires. And the Fed said that consumer credit spiked in January by $17.8 billion — more than expected.
Streets of Woodfield to Be Sold by Kimco Realty Corp.
By Gabriel Circiog, Associate Editor The Streets of Woodfield, a 713,000-square-foot outdoor mall located in Schaumburg, is being sold by Kimco Realty Corp., ChicagoRealEstateDaily.com reports. Arrow Retail, a Dallas investment firm, has agreed to buy the property located at 601 N. Martingale Rd. Although the agreed price is not yet known, another investor had signed […]
ReadyTalk Relocates to 1900 Sixteenth Street; LoDo Design Board Wants Changes to Proposed Project
By Gabriel Circiog, Associate Editor
ReadyTalk will move from 1598 Wynkoop St. to 1900 Sixteenth St. at the end of the month, reports The Denver Post. The Denver-based web and audio-conferencing company is moving in order to accommodate 60 new employees and will occupy two floors in a new high-rise close to the 16th Street Mall.
Dan […]
Dell Children’s Adds New Tower and Expands Services
By Camelia Bulea, Associate Editor
Dell Children’s recently unveiled details on the expansion of its Medical Center, which is currently underway in Austin. Due to the fact that its patient numbers recorded significant growth over the last few years, the company […]
Deals Set Stage for 49ers’ New Stadium to Rise in Santa Clara
By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor
After years of false starts, a new stadium for the San Francisco 49ers is on the verge of becoming a reality. In the wake of key approvals by city officials and […]
Hooters Hotel’s Next Act Now in Canyon Capital’s Hands
By Alex Girda, Associate Editor
Hooters Hotel is on track to change hands by March 30 after its principal creditor, an affiliate of Canyon Capital Realty Advisors, was the sole bidder in a bankruptcy sale last month. The affiliate, Canpartners Realty Holding […]
Sky Harbor Goes Solar; Spring Debut Set for Affordable Complex
The sun shines on Phoenix about 310 days every year, and Sky Harbor International Airport is the latest location to turn the rays into electric power. A recently completed installation of 16,000 photovoltaic panels (pictured below) will yield 5.4 megawatts—enough to meet 51 percent of the airport’s energy needs, the Arizona […]
Avison Young Opens Bethesda, Reno Offices
Avison Young, the largest independently owned commercial real estate services firm in Canada, continues its rapid expansion south of its border with the purchases of Bethesda, Md.-based Realty Management Co., and the opening of an office in Reno, Nev.
Tryko Partners Makes Two Baltimore-Area Multi-Family Pickups
Tryko Partners L.L.C. is having a busy week, as the firm has just picked up Park Raven, a 253-unit apartment community in Baltimore, and Perrywood Garden, a 184-unit property in nearby Aberdeen, Md.
Kennedy Wilson Acquires Research Firm Meyers L.L.C.
After working together on several projects, two leading real estate industry firms — Kennedy Wilson and Meyers Research L.L.C. — decided to team up in a more permanent way with KW acquiring the research and consulting firm.