Regions
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
Hard Rock Partners with NYS Funding on Casino Plan in Rensselaer, N.Y.
Hard Rock International has joined NYS Funding L.L.C. in the bid to build a casino, the Hard Rock Hotel & Casino, along the Hudson River, in Rensselaer, N.Y.
PREI, AP3 JV Acquires $360M Worth of German Retail Assets
A new joint venture between Prudential Real Estate Investors and the Third Swedish National Pension Fund, AP3, will invest in retail properties throughout Germany.
Branding Benefits: Walgreen’s Sustainability Efforts vs. the Competition
In a cut-throat, thin-margin consumer marketplace, Walgreen Co.’s portfolio sustainability endeavors help differentiate the brand from the competition.
Replicating Success: The Nuts & Bolts of Walgreen’s Net-Zero Model
In designing its retail store in Evanston, Ill., Walgreen Co. management tasked the facilities team with engineering a net-zero store that can be replicated across the country on a large-scale basis.
Lights! Camera! Blueprints! Kilroy Unveils Plans for M-U Campus in Hollywood
Kilroy Realty Corp. took a step forward with its $250 million to $300 million project in Hollywood by unveiling plans on Thursday for a four-building, 475,000-square-foot “creative media mixed-use office campus.”
Sunstone to Acquire 544-Key Maui Resort for $326M
Sunstone Hotel Investors has entered into a definitive agreement to acquire the 544-key Wailea Beach Marriott Resort & Spa for $326 million, or $598,600 per key, from an affiliate of Blackstone Real Estate Partners IV.
Thor Equities Adds to Manhattan Footprint with $590M Deal for 530 Fifth Ave.
The sale price is $200 million more than Rockwood Capital, Jamestown, Murray Hill Properties and Crown Acquisitions paid when the building last traded in January 2012.
Patrinely Group, CDC Houston and USAA Real Estate Team on 60-Acre Houston Mixed-Use
CityPlace will integrate more than four million square feet of Class A office space located above ground floor retail, luxury multi-family and a full-service hotel.
Starwood Retail to Buy 7 Taubman Malls for $1.4B
Starwood Capital’s two-year-old retail affiliate agrees to acquire properties in Virginia, South Carolina, Florida, Texas and Michigan.