News
Rock Ohio Caesars Buys Ritz-Carlton, Office Tower
By Adrian Maties, Associate Editor
On Friday, Dec. 9, Rock Ohio Caesars L.L.C., the developers of Cleveland’s first casino, announced plans to expand its presence in downtown Cleveland with the purchase of the Ritz-Carlton hotel for $36.5 million. Rock Ohio Caesars […]
Major Retail Center Planned for Butler County
By Adrian Maties, Associate Editor
Steiner + Associates plans to start work a year from now on a massive project that could become Butler County’s largest retail development. The open-air retail center will include department stores, movie theaters, office space and housing.
Known […]
FCA Completes 2011 Buying Streak with 212 Tampa Units
FCA Group, the North and Central American real estate investment and property management arm of global conglomerate the Libra Group, has announced that the company’s 2011 investments are now up to $75 million, following the recent purchase of 212 residential units in Tampa.
Waste Connections Plans New HQ in The Woodlands
By Georgiana Mihaila, Associate Editor
Following Nexeo Solutions’ lease at the soon-to-be-built 3 Waterway Square Place, The Woodlands has landed its second out-of-state company, Folsom, Calif.-based waste giant Waste Connections. The company has publicly disclosed its plans of relocating to the master-planned […]
Easterly Partners Acquires Two-Building New Mexico Portfolio Leased to U.S. Forestry Service
There is nothing like a property fully leased to a government entity to provide an investor with security, and that is exactly what Easterly Partners got with its acquisition of a 191,200-square-foot office portfolio in Albuquerque, N.M.
Montgomery County, Percontee Plan $3B LifeSci Village
By Adrian Maties, Associate Editor
Last week, Montgomery County partnered with local developer Percontee Inc. to redevelop 300 acres in White Oak. Site 2, a former Washington Suburban Sanitary Commission sludge processing facility, will become LifeSci Village, a mixed-use campus designed […]
Construction Starts on Margulies’ Newest Condo Tower
By Georgiana Mihaila, Associate Editor
As part of the recent streak of new condo developments in the South Florida area, the last William Islands residential site is about to be occupied by a new high-end condo project. Developer Martin Z. Margulies […]
Manhattan is Home to Yahoo! News Studio, Most Expensive Residential Rental
By Veronica Grecu, Associate Editor
Yahoo!, the pioneer of Internet search and content development, will have its own studio in Manhattan at the corner of 40th Street and Sixth Avenue, where the company already has office space. The work has already […]
Micro-Apartments Concept Takes Shape in Boston
By Veronica Grecu, Associate Editor
In an attempt to attract young people to Boston, the city’s administration is encouraging the development of small units—some of them as small as 375 square feet, similar to the famous micro-apartments in New York. The […]
Westdale Investment Partners, Cortland Partners Invest in Charlotte Multifamily
By Amalia Otet, Associate Editor
Cassidy Turley became the receiver of a 746,337-square-foot portfolio of flex properties in Charlotte.
The 12-building portfolio is owned by Islandia Charlotte, an affiliate of Calif.-based Greenstein Asset Management, a company that recently went into foreclosure after […]