Regions
Bucksbaum, Steiner Get $165M in Financing for Cincinnati Suburb Retail Center
A joint venture between Bucksbaum Retail Properties and Steiner + Associates, along with financial partner Mount Kellett Capital Management, received $165 million in construction financing for Liberty Center, a 626,791-square-foot retail town center development in Liberty Township, a northern Cincinnati suburb.
Howard Hughes Corp. Lands $600M for Nation’s Largest LEED-ND Platinum Project
Blackstone knows a good a project when it sees one. It doesn’t get much better than The Howard Hughes Corp.’s Ward Village, a mixed-use master-planned community that will rise on 60 acres situated directly between downtown Honolulu and Waikiki on Oahu.
NorthPoint to Redevelop Former General Motors Property in Ohio
RACER Trust has sold a 173.5-acre site adjacent to the General Motors Lordstown Assembly Plant in Lordstown, Ohio, to NorthPoint Development, which will transform the formerly vacant property into a 1.5 million-square-foot industrial park.
Shubin Nadal, DRA to Rebrand 800 KSF Office, Industrial Property in L.A.
Shubin Nadal Realty Investors has teamed with DRA Advisors on the acquisition of the 44-acre Harman International Business Campus located in the heart of the San Fernando Valley area of Los Angeles, and will rebrand the property as “The Campus.”
INTERNATIONAL: Hard Rock Hotel Dubai Marina to Open in 2015
Hard Rock International, Abu Dhabi Financial Group and Sheffield are building a Hard Rock Hotel on the first 33 floors of Dubai’s Marina 101 tower.
Massachusetts Ballot Initiative Opens Door to $800M MGM Resort in Springfield
Two days after voters gave a thumbs down to a ballot measure repealing the 2011 law that allows gaming resorts in the state, the Massachusetts Gaming Commission approved a license to MGM Resorts International to operate MGM Springfield, an $800 million resort casino.
TA Associates Buys 272 KSF Office Tower in Iselin, NJ
TA Associates Realty has acquired 99 Wood Ave. S., a 272,000-square-foot trophy office building in Iselin, N.J.’s resurgent Metropark office market.
CBRE Secures $100M Loan for Netflix HQ in Silicon Valley
The Debt & Structured Finance team of CBRE Capital Markets has secured a $100 million construction loan for The Grove, in Los Gatos, Calif.
Core Capital, Downtown Properties JV Buys 150-Key Hyatt Place San Diego
A joint venture affiliated with Core Capital Investments and Downtown Properties has acquired the 150-key Hyatt Place San Diego from an entity controlled by ABA Development.
INTERNATIONAL: Trump to Build Trump International Hotel & Tower in Baku, Azerbaijan
Trump Hotel Collection is set to develop Trump International Hotel & Tower in Azerbaijan. The 33-story luxury resort will be located on Hasan Aliyev St. in the Nasimi District of Baku.