Regions
Ark Partners Launches 250-Key Luxury Hotel in Midtown Manhattan
Ark’s 57th Street hotel will debut in 2013, which may well be a good time to open a new property in New York City.
Pinnacle Reels In 645-Unit Seattle-Area Apartment Property for $110M
The Pinnacle Family of Companies joined forces with a public pension fund represented by real estate investment management firm CS Capital Management Inc. of Los Angeles to acquire the asset from Seattle-headquartered Security Properties Inc.
Turner Tapped to Build New $153M Mixed-Use Public Library in San Diego
The City of San Diego has made its choice.
Anthem Blue Cross in Connecticut Leases 218,000 SF at Would-Be Home of Failed Mortgage Lender
The Campus at Greenhill in Wallingford, Connecticut, a nearly completed 300,000-square-foot office building that had been slated to become the new home of the now-failed Mortgage Lenders Network USA Inc., lands a big fish to occupy two-thirds of the property.
State Department Taps Hellmuth to Design $192M Moscow Embassy Project
With projects ranging from hospitals to agency headquarters across the country, the federal government has a substantial development pipeline but, as evidenced by a recent contract award, its commercial real estate endeavors are not confined to U.S. soil.
NAI Friedland Taps New Chief Executive, Operating Officers
NAI has promoted Anthony Lembeck to chief executive officer and appointed Jay Olshonsky as chief operating officer.
Starwood Capital Sells Iconic Hotel Lutetia in Paris for $171M
The famed Hotel Lutetia in Paris has changed hands after five years under Starwood’s ownership.
VA Taps Kiewit-Turner JV for $800M Denver Replacement Hospital
The new Denver VAMC will occupy 31 acres on the former Fitzsimons Army Medical Center site, also home to the University of Colorado Hospital complex.
Glimcher Gains Control of Scottsdale Quarter to the Tune of $120M
Scottsdale Quarter, a $250 million project that opened in 2009, has 600,000 square feet of retail and office space on 28 acres.
Denholtz Completes 311,876 SF of Leasing in Second Quarter, with Renewals Showing Particular Strength
According to Denholtz CEO Steven Denholtz, the firm is optimistic that this pace will continue.