Mixed Use
Illinois Medical District’s $300M Gateway Center Moves Forward
After an earlier proposal was withdrawn last year by its developer, a beefed-up 1.2 million-square-foot mixed-use project in the Illinois Medical District on Chicago’s West Side has been approved by the district’s coordinating body.
SL Green Trades 3 Manhattan Assets for $656M
SL Green Realty Corp. is disposing of three Manhattan assets in separate deals totaling $656 million that will generate $240 million in cash proceeds for New York City’s largest landlord.
Mack-Cali Taps CBRE as Leasing Agent for Harborside M-U Project on Jersey City Waterfront
CBRE Group has added Harborside, a mixed-use redevelopment project in Jersey City, N.J., to its list of responsibilities.
INTERNATIONAL: Manhattan-Based Gale Develops South Korea’s Tallest Skyscraper
After eight years of construction, Manhattan-based Gale International has finished building South Korea’s tallest skyscraper, which stands more than 1,000 feet tall and is open to the public.
INTERNATIONAL: Brookfield Multiplex Develops Green Office High-Rise in Melbourne for $410M
Global construction company Brookfield Multiplex has completed the development of a $410 million, mixed-use office building for Cbus Property in Melbourne.
Nationwide to Build 500 KSF M-U Campus in Columbus, Ohio
Nationwide Realty Investors, developer of the $500 million mixed-use Grandview Yard in Grandview Heights, Ohio, has just revealed plans for the development’s next phase, and it hits close to home.
Thor Equities Closes on Manhattan’s 685 Fifth Ave.
Thor Equities has closed on its purchase of 685 Fifth Ave., at the corner of Fifth Avenue and 54th Street in Manhattan.
Special Report: Yardi’s Enerliance Partners with ConEd
Yardi Systems and new acquisition Enerliance joined with the ConEdison Green Team to host the New York City Energy Summit, introducing a new energy reduction initiative.
Moinian Secures Loan for 3 Hudson Blvd.
Plans for 3 Hudson Blvd., the 1.8 million-square-foot tower being built by The Moinian Group in the Hudson Yards district on Manhattan’s Far West Side, are moving forward with news that the developer has secured a land loan from AIG’s Commercial Mortgage Lending Group.
Jamestown: Sale of San Francisco’s Pacific Place Has Strong Long-Term Income Drivers
Jamestown COO tells CPE the firm has sold Pacific Place, an office and retail property in downtown San Francisco, to J.P. Morgan for $415 million because of its attractiveness to institutonal investors