Regions
St. Louis-Area River City Casino Up for $82M Expansion
River City Casino owner Pinnacle Entertainment has revealed plans to shell out $82 million to provide new accommodations and enhance offerings at the property in Lemay, Mo.
Hudson Pacific Grabs Two Office Buildings in San Francisco’s Booming SoMa Submarket
Hudson Pacific Properties has acquired two office buildings — 625 Second St. and 275 Brannan St. — totaling 187,000 square feet in San Francisco’s SoMa district for an aggregate $90.1 million.
Sutton, SL Green JV Nabs 49 KSF in Times Square for $136.6M
After securing rights to the fee interest in 1552 Broadway in Manhattan’s Midtown market earlier this year, a joint venture of SL Green Realty Corp. and Jeff Sutton announced that it has entered into a 70-year leasehold at the adjacent 1560 Broadway for $136.6 million.
NorthMarq Completes Three Financing Deals For $35.5M
Over a period of two days following the Labor Day weekend, NorthMarq announced the completion of an aggregate $35.5 million in financing for three multi-family properties.
ProLogis Pockets $65.6M on Sale of Korea Assets
ProLogis Inc. has sold eight wholly-owned assets and its interest in the ProLogis Korea Fund in a deal that netted the industrial real estate company $65.6 million in proceeds.
Feature: Ten Years Later, What Have We Learned?
Even for famously immodest Manhattan, the 16-acre WTC redevelopment project is an exercise in superlatives. But the significance of the World Trade Center’s redevelopment – and the shattering event that precipitated it a decade ago – extends far beyond the boundaries of the site.
CommonWealth REIT Purchases 600 W. Chicago for $390M
600 W. Chicago Ave. has changed hands – moving from the books of 600 West Chicago Associates L.L.C. and onto the rolls of CommonWealth REIT – for a purchase price of $390 million.
AREA Buys 422-Unit Affordable-Housing Portfolio for $59.6M
AREA Property Partners has snapped up 422 affordable housing units in various neighborhoods across San Francisco with the cash purchase of a 20-building portfolio for $59.6 million.
PREI Purchases Commercial Area of 31-Story NYC High-Rise
Prudential Real Estate Investors has purchased the commercial portion of The Laurel, a 31-story, Class A mixed-use building on the Upper East Side.
90-Property, $90M HSBC Commercial Portfolio Sale Biggest in Mexico This Year
With the assistance of commercial real estate services firm Jones Lang LaSalle, HSBC has sold a group of 90 bank branches and regional corporate offices in Mexico in a $90 million sale-leaseback deal.