National
Cassidy Turley Arranges $78.7M in Financing for Forum Office Park in Raleigh
Commercial real estate firm Cassidy Turley has arranged financing totaling $78.7 million for The Forum office park in north Raleigh.
Four La Quinta Hotels in Tampa To Be Managed By Hotel Equities
Hotel Equities, an Atlanta-based full-scale hotel management, development and consulting firm has been selected to manage four La Quinta Inn & Suites hotels in the greater Tampa metro area. The company represents more than 30 brands with a portfolio including over 40 properties nationwide.
$8.3M Library Broke Ground in Albuquerque’s Westside
After an extended period of time in Albuquerque, at the intersection of Central Avenue and Unser Boulevard NW, broke ground a new library. HB Construction Inc. is the contractor and local design company Rhode May Keller McNamara is the architect for the project.
Hines REIT Agrees to Purchase the Howard Hughes Center from Blackstone Group
With 2013 all but over, the Los Angeles real estate market looks set to end the year with a huge headliner as one of the largest office asset acquisitions that the city has seen this year is set to take place. The media has been buzzing over the past week with news that Hines Real Estate Investment Trust Inc. has agreed to purchase the Howard Hughes Center from current owner Blackstone Group LP for a fee of $506 million.
Mobile Leasing Starts at Carter’s Tetro Student Village
Construction works have started a few months ago at Tetro Student Village, a new student housing project located at 14402 Babcock Road, less than half a mile from the University of Texas at San Antonio (UTSA). Carter, the Atlanta-based development firm, has commenced the leasing process in a very unique way.
Stirling Properties Announces New Tenants, Expansions at Metro NOLA Developments
Joint venture partners Stirling Properties and CBL & Associates Properties, Inc. have announced four new tenants for Phase I of Fremaux Town center in Slidell, Louisiana.
INX International Breaks Ground on 62,000 SF Plant in Lebanon
INX International Ink Co., a division of Japanese company Sakata INX, announced at the end of November its plans to build a new 62,000-square-foot facility in Lebanon, Ohio. On December 5, the company broke ground on the project. The ceremony was attended by both company officials and local dignitaries.
Downtown Capital Gains State Agency Approval for Second Condo Tower on Former Honolulu Advertiser Site
The Hawaii Community Development Authority (HCDA) has approved the construction of a second affordable condominium high-rise on the site of the former Honolulu Advertiser building in Kakaako. The back portion of the facility will be demolished to make room for the new development.
Joint Venture Awarded $90M Contract with HISD; Rigid Breaks Ground on New Manufacturing Facility
B3Ci, a joint venture comprised of Balfour Beatty Construction and 3Ci, have been awarded by the Houston Independent School District (HISD) a construction services contract valued at $90 million, as part of the 2012 HISD Bond Program.
Campbell Mithun Relocating to Historic 510 Marquette Building
Minneapolis advertising agency Campbell Mithun recently signed a lease to become anchor tenant in the historic 510 Marquette building and will collaborate with Julie Snow Architects to design the new space.