News
Fifth Street Towers Returned to Lender
By Gabriel Circiog, Associate Editor
Fifth Street Towers, the gigantic downtown Minneapolis office complex, has been returned to its lender, Finance & Commerce reports.
The 1.1 million-square-foot complex overlooking Fifth Street and Marquette Avenue has been taken over from London-based Strategic […]
OCI Solar Power Relocates HQs, Manufacturing Facility to Alamo City
By Camelia Bulea, Associate Editor
San Antonio has struck big: Atlanta-based OCI Solar Power will relocate its corporate headquarters and U.S. manufacturing operations to the Texas city.
For the San Antonio community this means 800 professional and technical jobs, while the municipality […]
Carillon’s Phase One Complete; Atlanta Fund Acquires Williams Square, Home of the Mustangs
By Camelia Bulea, Associate Editor
Hines has completed phase one of the Carillon master-planned development, a 285-acre mixed-use community located just northwest of Southlake Town Center near Dallas-Fort Worth International Airport. The developer has delivered 94 home sites, some of which […]
NorthMarq Restructures, Promotes Two to President Role
NorthMarq Capital has kicked off 2012 with some major changes at the top, as the firm has named Jeff Weidell and William Ross, who had held the respective positions of managing director and executive vice president, as presidents of the company.
Jax Brewery Destined for Major Makeover; Stirling Expands in Shreveport
By Amalia Otet, Associate Editor
Jax Brewery in New Orleans is due for a major makeover this spring. Developers Earl Weber and Kenny Lobell are currently working on a reconstruction project that will add 11 new luxury apartments on the second and […]
High-end Apartments Coming to Beachwood
By Adrian Maties, Associate Editor
Hundreds of new apartments may come to the Cleveland suburb of Beachwood in the near future. Two property developers have already made plans.
Apartment developer and operator Goldberg Cos. plans to redevelop a site across the street […]
PNC Bank Renews 131 KSF of New Jersey Office Space
PNC Bank has decided to stay put at its longtime digs in East Brunswick, N.J., with the signing of a 131,400-square-foot lease at Two Tower Center Blvd.
dunnhumbyUSA Causes Bidding War in Seeking Larger Space Downtown
By Adrian Maties, Associate Editor
Less than a year and a half after finishing construction of a new headquarters, dunnhumbyUSA plans to move to a bigger location. The fast-growing consumer insights company is looking for existing office space or land to […]
Marcus & Millichap: Rental Market to Hit New Levels in 2012
The reports on multi-family’s continued surge keep coming in, and the latest comes from Marcus & Millichap: While 2011 was a great year for the apartment sector, that momentum will likely continue in 2012 — contingent on the health of the larger economy.
Greenprint Foundation Merges into ULI
The Urban Land Institute has taken over the activities and assets of the Greenprint Foundation and transferred them into the new ULI Greenprint Center for Building Performance, the two organizations announced late last week.