News
Colliers Taps Coombs to Head Northwest Operations
The veteran executive will be responsible for management, business development and recruitment in a four-state region.
Dassault Systèmes’ 320,000 SF Lease is Boston’s Biggest of 2010
The company has just signed a long-term deal to occupy 320,000 square feet of Class A office, lab and data center in Waltham, Mass.
Ark Partners Launches 250-Key Luxury Hotel in Midtown Manhattan
Ark’s 57th Street hotel will debut in 2013, which may well be a good time to open a new property in New York City.
Economy Watch: Remedies for Distress; Consumers Get More Nervous
Is creative repurposing a strategy for distressed assets? For an abandoned condo project in Chicago, the answer was “yes.”
Pinnacle Reels In 645-Unit Seattle-Area Apartment Property for $110M
The Pinnacle Family of Companies joined forces with a public pension fund represented by real estate investment management firm CS Capital Management Inc. of Los Angeles to acquire the asset from Seattle-headquartered Security Properties Inc.
Winthrop, Pershing to Appeal Stuy-Town Foreclosure Injunction
Winthrop Realty Trust and Pershing Square Capital Management L.P. have invested a respective $10.5 million and $36 million in Manhattan’s biggest rental complex.
Crocker Leases 34,000 SF at Boca’s Mizner Park
Leasing activity is brisk at the Mizner Park Office Tower and Plaza Real Offices in downtown Boca Raton.
Economy Watch: High, Steady Foreclosure Rate the New Normal
One in every 381 U.S. housing units received a foreclosure filing during the month of August.
Downtown L.A.’s Union Bank Plaza Fetches a Whopping $332 PSF
The unencumbered 637,300-square-foot office tower did not come cheap.
Turner Tapped to Build New $153M Mixed-Use Public Library in San Diego
The City of San Diego has made its choice.