News
Glimcher, Blackstone Partner on $245M Purchase of Hawaii’s Second Largest Mall
Pearlridge Center, a 1.2 million-square-foot mall in Honolulu, Hawaii, is on the verge of coming under new ownership.
Ground Broken on $200M National Cancer Institute Project in Suburban Washington, D.C.
Construction kicked off on Sept. 1.
Economy Watch: Good Housing News for a Change
The much-anticipated S&P/Case-Shiller home price index for June was released on Tuesday, indicating that prices for single-family homes in 20 major U.S. metro areas rose 4.2 percent from June 2009.
Leaguers’ 100,000 SF Headquarters Completed
One of New Jersey’s largest nonprofit community organizations has a place to call home.
Simon Property Group Closes $2.3B Prime Outlets Purchase
The price tag on the approximately 7.9 million-square-foot portfolio included Simon’s assumption of nearly $1.6 billion of existing debt and preferred stock.
Economy Watch: Consumers Spend a Little More, Save a Little Less
Consumers went on a (very) small splurge in July, according to the U.S. Department of Commerce, marked by a 0.4 percent increase in spending compared to June.
$135M Financing Deal Closes for 300 Park Avenue
The premier office tower at 300 Park Avenue in New York City did not have debt attached to it a few days ago, but it does now.
Trussville Marketplace Sold By Hanley Investment Group
Trussville was purchased by a private investor in Newport Beach, California and sold by NC/Trussville L.L.C.
Expansion in Today’s Market? John Combs Weighs In
It’s tough to expand in a recovering market, but sometimes it makes sense. John Combs talks about what went into his decisionmaking in expanding RiverRock Real Estate Group Inc.
Economy Watch: Fed Chairman Promises … Something
Fed Chairman Ben Bernanke’s speech in Jackson Hole on Friday was, as usual, eagerly anticipated and then read line-by-line, word-by-word to figure out what the Fed might do next.