National
Chestnut Hill Shopping Center Expands Tenant List with Cinema de Lux
National Amusements announced plans to open a state-of-the-art Cinema de Lux at the former Macy’s site at the Chestnut Hill Shopping Center, bringing an unparalleled cinema and dining experience to the area. Scheduled for opening in March 2013, the new movie theater will feature a top-class restaurant, premium reserved seating, and high end dining throughout the complex.
Duke Realty Tapped to Build New Kuehne + Nagel Southeastern Headquarters
By Georgiana Mihaila, Associate Editor Global logistics service provider Kuehne + Nagel, Inc.—a unit of Swiss-based Kuehne + Nagel AG—has signed a built-to-suit lease with Duke Realty for its new southeastern headquarters. Wes Hardy, vice president leasing, represented Duke Realty in the transaction. Kuehne + Nagel, Inc. was represented by Bayne Porter of CBRE. In […]
Florida Crystals and IDI Form Strategic Alliance for South Florida Intermodal Logistics Center
Florida Crystals Corporation and IDI—one of the largest privately held logistics real estate companies in North America—have entered into a strategic alliance for the planning and marketing of the South Florida Intermodal Logistics Center in western Palm Beach County.
Missouri General Assembly Passes Land Bank Bill
By Gabriel Circiog, Associate Editor The Greater Kansas City Local Initiatives Support Corp. announced the Missouri General Assembly passed the legislation which supports the establishment of a land bank in Kansas City. Julie Porter, Greater Kansas City LISC Executive Director, said, “The passage of this important legislation is a victory for Kansas City residents as […]
Mooresville to Become Mecca for Furniture Tourism
By Eliza Theiss, Associate Editor At least that is what Michael Bay, owner of Merinos Home Furnishings is hoping for. The 500 South Main Street furniture and indoor décor complex’s owner envisions his expanding furniture collection to become “one of the largest, most spectacular stores in the world, a center for furniture tourism that will […]
Menlo Park Pledges Affordable Housing to Settle Lawsuit
By Alex Girda, Associate Editor About 1,000 residential units will be built in Menlo Park to settle a lawsuit over the pace of affordable housing development in its borders. Three Bay Area nonprofit groups took the city to court in order to ban the city from issuing zoning changes or building permits unrelated to affordable […]
Bray International Renews, Expands Lease at Duke Realty’s Westland Business Park
On top of renewing its existing 84,420-square-foot lease at Westland I, valve manufacturer Bray International Inc. has chosen to expand its presence at Duke Realty’s Westland Business Park through a new 80,200-square-foot lease in Westland II.
Monday Properties Selects CBRE to Market 1812 North Moore Street
By Adrian Maties, Associate Editor When finished, the building Monday Properties is constructing at 1812 N. Moore St. in Rosslyn, Va., will be the tallest office tower in the Washington, D.C., region. It will offer sensational views of Washington’s monuments across the Potomac River, as well as more than half a million square feet […]
Henry Ford Moves Forward with 300-Acre Expansion in New Center Area
By Veronica Grecu, Associate Editor Henry Ford Health System plans to expand with a new medical facility in the New Center area of Detroit. According to The Detroit News, this project is part of an older initiative that the hospital officials announced two years ago, which called for a multi-million dollar investment in redeveloping the nearby […]
Ivanhoe and Hines to Build $300M Chicago Office Tower
By Gabriel Circiog, Associate Editor Ivanhoe Cambridge and Hines have partnered to develop a 45-story office tower in the West Loop in downtown Chicago. The announcement came from Mayor Rahm Emanuel, who said the $300 million project is “a vote of confidence for our city, welcome news for the local economy and a signal that […]