Mixed Use
Lucescu Closes Phase Two of $166M Scottsdale Promenade Sale
In a $66 million deal that completes the second phase of the Scottsdale Promenade sale, Lucescu Realty has sold the Promenade Corporate Center to Excel Trust, a publicly traded REIT.
Will 3 WTC Be 80 Stories, or Just Seven? Yes!
While there’s been speculation as to whether 3 World Trade Center will cap at seven stories, rather than its planned 80, the project’s goal is still very much alive, according to Silverstein Properties’ CEO Larry Silverstein.
Record-Breaking Historic Redevelopment Moves Forward in Massachusetts
The town of Quincy, Mass., has taken the next step in its future plans. A partnership with the city’s Street-Works Development and The Beal Cos. has committed to drive forward a $1.6 billion redevelopment of Quincy’s Downtown.
CBRE Grabs Office Building in Atlanta's Atlantic Station Mixed-Use Development
CBRE Global Investors has acquired 201 17th St., a 349,400-square-foot, 17-story, Class A, LEED Gold–certified office tower built in 2007. The Atlanta offices of CBRE will manage and lease the building, which is currently 48 percent leased.
Nike Plans 600 KSF Move to Tishman’s New Shanghai Campus
Following increased demand for its products in China, Nike has just announced plans to build a 600,000-square-foot corporate campus in Shanghai that will be located in Tishman Speyer’s $2.5 billion The Springs development.
Cuomo’s Convention Center Plan: A Gamble in Any Form
While New York Gov. Andrew Cuomo’s plan for the $25 billion revitalization of the state — including a convention center, hotel and casino in Queens — is ambitious, is it the right move?
Hines Spends $160M on Seattle's Fisher Plaza, Nets New Data-Center Capabilities
Fisher Media Services has finalized the $160 million sale of Fisher Plaza, a two-building office complex in Seattle, to Hines Global REIT.
SL Green Gets $86M Loan for Stamford's Landmark Square
SL Green Realty Corp., with Cushman & Wakefield Sonnenblick Goldman acting as its adviser, just received an $86 million senior mortgage for Landmark Square in Stamford, Conn.
Midtown Opportunities Acquires 22 Acres of Land in Midtown Miami
Construction activity is on the upswing in Miami, and Midtown Opportunities L.L.C. has just purchased 22 acres to play with at the 56-acre Midtown Miami development.
LNR Land Buy Paves Way for SouthField Development
LNR has finalized a deal on 830 acres of land, which gives the company the final piece of property earmarked for the planned $2.5 billion SouthField development near Boston.