News
Westport Acquires Second Phoenix-Area Property with Scottsdale Financial Center II Pickup
Westport Capital Partners L.L.C., of El Segundo, Calif., has purchased Scottsdale Financial Center II, a 150,000-square-foot office building in Scottsdale, Ariz.
Economy Watch: The French Ratings Surprise
Among other euro-zone nations, France lost a notch in its debt rating due to an S&P downgrade. And a survey of economists revealed an expectation that home prices will see no gains — but also no losses — this year.
Brookdale Acquires 1.4 MSF Dallas Office Complex
Brookdale Investors Six L.P. has just added 1.4 million square feet of Class A office space to its portfolio with the acquisition of The Towers at Williams Square in Irving, Texas.
Hennepin County Seeks Partners for Interchange Transit Hub
By Gabriel Circiog, Associate Editor
Hennepin County is seeking partners for the proposed $67.7 million Interchange transit hub in downtown Minneapolis, Finance & Commerce reports.
A developer is sought to build on a 30,000-square-foot county-owned lot, next to the main Interchange […]
CyrusOne, TechnoCycle to Build Facilities in San Antonio
By Camelia Bulea, Associate Editor
At the end of last year, CyrusOne announced plans to build a data center in San Antonio, completing the company’s expansion plans to develop data centers in four major Texas cities. The company–which already owns facilities […]
New Projects Planned: Housing in Uptown Dallas; Frisco Square Revival
By Camelia Bulea, Associate Editor
Ohio-based Associated Estates Realty Corp. bought a 2.4-acre plot of land in Uptown Dallas from a private investor, with plans to construct an apartment building on the site. Initial plans called for a 22-story condo tower, […]
Saenger Theater Restoration, Lambeth House Wellness Center to Commence
By Amalia Otet, Associate Editor
New Orleans city officials plan to kick off the Saenger Theater renovations this month. The project costs initially estimated at $39 million have escalated since 2009, when the restoration was first announced, and the project now […]
K&D Group Acquires Hanna Building Annex
By Adrian Maties, Associate Editor
The PlayhouseSquare Foundation has struck a deal to sell the Hanna Building Annex on East 14th Street for an undisclosed price to K&D Group of Willoughby. K&D plans to acquire the downtown property on April 1. […]
Horseshoe Casino’s Outdoor Plaza; Seapine’s New HQ
By Adrian Maties, Associate Editor
Construction continues at the Horseshoe Casino Cincinnati site as developer Rock Gaming plans to turn a parking lot in front of the casino into a 1.5-acre outdoor plaza. It will improve the casino’s connection to its […]
Dickie & McCamey Renews Lease at PPG Place
By Liviu Oltean, Associate Editor
Dickie & McCamey has decided to renew the lease at PPG Place by 10 years. As reported in November by the Pittsburgh Business News, the law firm’s 10-year lease was set to expire in 2014, and the firm […]