Retail
Manhattan’s South Street Seaport Redev Breaks Ground
Redevelopment of Pier 17 at Manhattan’s South Street Seaport into an upscale retail, entertainment and dining venue topped by a one and a half-acre rooftop offering city and harbor views began Thursday with a groundbreaking ceremony.
Southwark Council Approves Carlyle Group’s $1B M-U Project in London
Southwark Council’s Strategic Planning Committee approved The Carlyle Group’s plans to replace two facilities located on the south bank of the River Thames – the Sampson House data center and the Ludgate House office building – with 1.4 million square feet of residential and office space.
RFR to Give Manhattan’s 285 Madison a $65M Makeover
The 530,000-square-foot office tower is undergoing a $65 million repositioning that will convert the vacant property into a premier, state-of-the-art Midtown office destination that will add a little recreation to the workplace.
Tishman Construction, AECOM to Redevelop Residential Tower in Central NJ for $80M
The Boraie Development Somerset Mews residential tower project in New Brunswick, N.J., moved forward this week with the announcement of Tishman Construction as the construction manager.
Homewood Suites Opens New Hotel in Downtown Dallas
In Dallas, an office building that once housed United Fidelity Life Insurance has just opened its doors as Homewood Suites by Hilton Dallas Downtown.
German Investor Sells Apple, Bulgari Stores in San Francisco for $160M
Two retail assets in San Francisco’s Union Square district, the Apple store at One Stockton Street and the Bulgari store at One Union Square, have been sold by German investor Deka Immobilien to an unidentified U.S.-based private investor for a total consideration of $160 million.
Blackstone Buys European Mall Developer Multi Corp.
Blackstone has completed the takeover of Netherlands-based Multi Corporation, a leading owner, manager and (re)developer of high quality shopping centers across Europe.
Forest City, Greenland Strike JV Deal for Atlantic Yards
In a bid to jump-start one of the nation’s biggest development projects, a Forest City Enterprises affiliate has struck a deal with a Chinese investment company to develop the Atlantic Yards project in downtown Brooklyn.
Simon, SmartCentres, Calloway Break Ground on 2nd Premium Outlets Center in Canada
Simon Property Group Inc., SmartCentres and Calloway REIT broke ground on 366 KSF Premium Outlets Montreal, the second Premium Outlet Center in Canada.
Madison Marquette Grabs 202 KSF M-U Property in Seattle Suburb
Madison Marquette has teamed up with two foreign institutional investors in a JV to purchase the Bellevue Galleria, a 202,000-square-foot mixed-use project in the Seattle suburb’s downtown.