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David Heaton

Citadel Investment Group signs 206,146 sq. ft. lease at future Chicago skyscraper
CHICAGO — Citadel Investment Group has signed a 10-year, nine-month, 206,146 sq. ft. lease at Dearborn Center, a 37-story, $355 million office building
Keystone sells 347,000 sq. ft. of space for $35.7 million in Pennsylvania
WAYNE, Pa. — Keystone Property Trust has sold four Pennsylvania office buildings totaling nearly 347,0000 sq. ft. of space for $35.7 million to Fort Lee,
Kimco's joint venture gets Montgomery Ward asset rights
NEW HYDE PARK, N.Y. — The U.S. Bankruptcy Court in Delaware has accepted shopping center owner and manager Kimco Realty Corp.’s joint venture bid with
SPARTA's on the move
WASHINGTON, D.C. — SPARTA, a government contractor for defense and law enforcement agencies, has decided to leave its current space in Tysons Corner,
Cousins president-select ready to take office
ATLANTA As R. Dary Stone prepares to take the reins as president and COO of Atlanta-based Cousins Properties Inc., his goal is to continue the company's
David Heaton asks: What impact do federal office locations have on business cycles?
The National Trust for Historic Preservation and the United States General Services Administration (GSA) have selected Baltimore, Athens, Ga., and Springfield,
Retail Beat
Westfield begins nationwide redevelopment of three malls Westfield America Inc., based in Los Angeles, is redeveloping several U.S. properties. A $165
International News
Architect teams with Chinese college to design retail center The Chicago-based architectural firm of Loebl Schlossman & Hackl has teamed with Shenzhen
Office Beat
Jerry Speyer buys Rockefeller Center for $1.85 billion Jerry Speyer of New York's Tishman Speyer Properties teamed with the Crown family of Chicago to
JCPenney to close 47 stores
Amidst a slowing economy, one of the country's largest retailers plans to lay off more than 5,000 employees nationwide.PLANO, Texas - In an attempt to
Retail Beat
Gettin' bigger and better for California mall Construction is set to start on a 150,000 sq. ft. entertainment addition to the 39-year old, 1 million sq.
International News
Future Barcelona mall reaches 75% occupancy With nine months to go before doors officially open, Diagonal Mar Centre is already 75% preleased. Upon completion,
Office Beat
Chase Manhattan signs 20-year lease on Park Ave. New York's Chase Manhattan Bank has signed a 20-year lease with New York-based Brookfield Properties launches new, updated version of Web site
Bethesda, Md.-based has added new features to its site. The updated site features new customized tools for increased usability and a free
Mixed-used development to arrive in Virginia Beach CBD
The Town Center at Virginia Beach, an urban mixed-use development, has been approved and is now under development in the CBD of Virginia Beach, Va. Chesapeake,
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