News
Developer Lines Up Harrah’s to Replace Wynn on $400M Philly Casino Project
Philadelphia Entertainment and Development Partners’ plans for the construction of a new casino in Philadelphia are on the verge of clearing a major hurdle–financing.
McCall & Almy Arranges 280,000-SF Boston Lease
The space will serve as MFS Investment Management’s world headquarters.
KBS Legacy Partners Apartment REIT Spends $36.1M on First Asset
Dakota Hill is a 504-unit Class A complex in Dallas’ Valley Ranch/Irving submarket.
Economy Watch: U.S. Home Prices Slip
The Standard & Poors/Case Shiller Homes Price Indices, released on Tuesday, showed that U.S. home prices in August 2010 were still higher than a year ago, but down when compared with July.
SL Green Agrees to $250M Recapitalization of Moinian’s Beleaguered Manhattan Office Property
The nearly 770,000-square-foot Midtown Manhattan office tower was just inches from the jaws of lenders.
Cancer Claims Liberty’s Gildea
Gildea died at the age of 59 after receiving yearlong treatment for lung cancer.
In a Flash, Sares-Regis Lands Beer Distributor for 280,000-SF Anaheim Industrial Building
Just three months after acquiring the distribution center, Sares-Regis Group has filled the formerly vacant building in one fell swoop.
Environmental Impact Statement Advances $1B Mixed-Use Compound in Hawaii
DW ‘Aina Le’a Development L.L.C., developer of the $1 billion The Villages of ‘Aina Le’a on the South Kohala Coast in Hawaii, can rest easy now that the County of Hawaii Planning Department has accepted the final Environmental Impact Statement for the master-planned community.
Economy Watch: Existing Home Sales Trend Upward
Existing home sales went from bad to a little less bad in September, according to the National Association of Realtors.
PCCP Teams with Fuller to Buy Distressed 503,900-SF Houston Office Portfolio
The properties include the 281,590-square-foot 2425 West Loop and the 222,340-square-foot 1001 West Loop.