Regions
Harbor Group Int’l Acquires 55 Broadway for $157M
An affiliate of Harbor Group International has acquired the 358,600-square-foot Class A office property at 55 Broadway in Manhattan from an affiliate of Broad Street Development for $157 million.
HAP Investments to Buy 1 MSF Development Site in Jersey City for $400M
HAP Investments is under contract to acquire 500 Summit Ave., a nearly one-acre lot in Jersey City, in conjunction with its planned development of the Journal Square site into HAP Tower. It comprises a 42-story apartment building, offices and retail.
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Zeckendorf JV to Build 51-Story M-F Tower in Uptown Manhattan
Zeckendorf Development has revealed plans for 520 Park Ave., a 51-story luxury condominium property that will be built in a partnership with Global Holdings and Park Sixty in Manhattan.
Lew Rudin and the Rebirth of New York
Bill Rudin and author/historian Seymour Lachman discuss Lew Rudin’s legacy to New York City and the city’s future growth.
Fairmont Hotels & Resorts Opens First Residences in China
Fairmont Hotels & Resorts has opened its first residential project in China. Fairmont Chengdu Residences are part of a mixed-use development scheduled to open in 2015.
First Green Commercial Building in West Africa Tops Out
International consultancy and construction firm Mace and Laurus Development Partners have jointly celebrated the topping out of One Airport Square in Accra, Ghana.
Macquarie Mexican REIT Buys 171 KSF Retail Center in Mexico City
Macquarie Mexican REIT has acquired City Shops del Valle, a 171,297-square-foot retail center located in the Mexico City Metropolitan Area of Colonia del Valle.
DLA Piper Leases 175 KSF of Office Space in Chicago’s West Loop
Global law firm with 4,200 lawyers DLA Piper has signed a 175,000-square-foot lease office space at River Point in Chicago’s West Loop area and will relocate its Chicago office.
Washington REIT Buys Army Club Building in DC for $79M
Washington Real Estate Investment Trust continues repositioning its portfolio with the acquisition of The Army Navy Club Building, a Class A office building in Washington, D.C., for $79 million.
Transwestern Enters into JV, Plans Expansion into Mexico
Transwestern Development Co. is expanding its industrial development platform in the United States and Mexico through a joint venture with Chicago-based Ridge Property Trust.