Regions
Brookfield Office Breaks Ground on Western Canada’s Tallest Tower
Brookfield Office Properties has begun construction on the first phase of the $1.3 billion Brookfield Place Calgary office complex in the city’s downtown core.
50 UN Plaza Unveils 88 Luxury Condos
Zeckendorf Development and Global Holdings held a sales launch event for 50 United Nations Plaza to unveil the views and prices of 88 condominiums across from the United Nations HQ, geared towards the über high-end client.
Colliers: NYC Office Leasing Ahead of ’12; Sales Prices Near Peak
The largest U.S. office market is on a pace to record 26 million square feet of leasing activity; Class A Midtown sales prices top $1,100 per square foot.
Crown Estate’s $1.6B Revamping Project of Regent Street in London Gets Under Way
The Crown Estate’s $1.6 billion regeneration of Regent Street has reached a new milestone as on site work starts at Quadrant 2 South.
Chatham Lodging Acquires Residence Inn in Suburban Seattle for $72M
Chatham Lodging Trust has acquired the 231-room Residence Inn by Marriott Seattle Bellevue/Downtown for a net cash price of $72 million, plus customary, pro-rated amounts and closing costs.
General Growth Properties Buys Chicago ‘Magnificent Mile’ Building from Grosvenor
General Growth Properties has acquired a 126,000-square-foot retail building in the heart of Chicago’s “Magnificent Mile” shopping district from Grosvenor Americas.
Citycon CEO Campaigns for Retailer Expansion to Nordic Countries
Citycon CEO Marcel Kokkeel is on a mission. The leader of the Nordic- and Baltic-focused urban grocery-anchored shopping center owner wants to attract more global retailers to the region.
Hudson Team Arranges $72M in Financing to Refi Retail Centers in Washington, California
The Hudson Team of George Elkins Mortgage Banking Co. arranged financing for two CMBS loans totaling $72 million, secured by two neighborhood retail centers in Fullerton, Calif., and Lacey, Wash.
Council Approves Plans to Build First NYC Outlet Mall, NY Wheel
Staten Island’s North Shore will become home to the world’s tallest Ferris wheel and a $260 million outlet center now that the New York City Council has approved the project expected to become an instant tourist attraction and landmark on New York Harbor and the city’s skyline.
Emporis Reveals World’s Most Spectacular Bank Buildings
Emporis, the international provider of building data, has compiled a list of the most imposing and architecturally distinct bank buildings in the world.