News
Renaissance Man: As Starwood Capital Turns 20, Founder Barry Sternlicht Explores New Paths
If the commercial real estate industry held a decathlon for executives, Barry Sternlicht would be a serious threat to run off with the trophy, and not just because Starwood Capital Group’s chairman & CEO looks as fit as the tennis player he was at Brown University 30 years ago.
Transactions Reignite Interest in Phoenix Retail and Office Markets
By Alex Girda, Associate Editor
Phoenix hasn’t exactly been racing out of the recession, but recent headlines point to signs of an escalating market that’s nearing recovery. This is happening with the help of transactions that should reignite interest in the […]
Redevelopment Know-How in NoHo
By Alex Girda, Associate Editor
Los Angeles’ real estate market is on the bounce-back, according to the past week’s news, in particular due to flashy developments and big leases in the downtown area. The major sectors seeing activity have been office and […]
The Rise and Fall of Miami’s Paramount Bay Condo
By Georgiana Mihaila, Associate Editor
The impressive 46-story high-rise that overlooks Biscayne Bay has not even reached completion yet and it’s already facing major challenges. The Paramount Bay Condominium, developed by Royal Palm Development is headed towards an online auction on […]
New Transactions for Chicago’s Industrial and Residential Real Estate Markets
By Veronica Grecu, Associate Editor
Two new industrial transactions have been recently negotiated by Colliers International in the O’Hare market.
The first transaction is a long-term lease at 855 N. Wood Dale Road in Wood Dale for Hegele Logistics LLC. Hegele Logistics […]
Worcester to Get New Medical Center; Green Awards Winners Announced
By Veronica Grecu, Associate Editor
CitySquare II Development Co. is planning to build a new cancer center for Saint Vincent Hospital of Worcester. The project is estimated to cost $21 million, with its opening scheduled for January 2013. Construction is due to begin […]
Brooklyn Will Have New Condos, but Will It Have a Walmart?
By Veronica Grecu, Associate Editor
After several failed attempts to step into the Queens and Staten Island markets, Walmart is now trying to move into the Jamaica Bay neighborhood of Brooklyn, in a retail space at the soon-to-be-expanded Gateway Mall. The […]
113,000-SF Sublease Lures N.Y. Dweller to N.J.
Total Office Planning Solutions will utilize the space to assemble and distribute office furniture to clients based in Manhattan, which is within 10 miles of the Bergen County property.
Mondrian Los Angeles to Star in Pebblebrook Portfolio for $137M
Carrying an address in trendy West Hollywood, the 227-guestroom Mondrian occupies a 189,000-square-foot structure that first opened its doors as an apartment property in 1959.
JLL Nails Down $42M Loan for Houston Office Asset
The mortgage was procured with regard to 919 Milam, a 542,919-square-foot Class A office building in the city’s central business district.