NREI Developer News - National Real Estate Investor - Real Estate Developer News
Developer News
In Progress: 2000 Avenue of the Stars
DEVELOPER: Trammell Crow Co. LOCATION: Los Angeles, Calif. ARCHITECT: Gensler Architecture, Design & Planning Worldwide SIZE: 790,000 sq. ft. COST: $275...
DEALS & PROJECTS
FIRST HUNTINGTON CENTER LP has purchased The Plaza at Huntington Beach, a 301,947 sq. ft. mixed-use center in Irvine, Calif., for $36.2 million. The buyer...
THE DONALD TO DEVELOP CONDO TOWER IN WHITE PLAINS, N.Y.
Real estate mogul Donald Trump is working with Westchester, N.Y.-based developer Louis Cappelli on a luxury condominium tower to be known as Trump Tower...
DEALS & PROJECTS
AMERA CORP. is planning a $95 million luxury mixed-use project in downtown Boca Raton. The 9-story building, 200 E. Palmetto Park Road, will accommodate...
In Progress: Las Vegas Renaissance Hotel
DEVELOPERS: Jackson-Shaw Co.LOCATION: Las VegasSIZE: 548 roomsCOST: $100 millionCOMPLETION: February 2005BUZZ: The 15-story upscale hotel will be the...
DEALS & PROJECTS
THE SHIDLER GROUP has paid $90 million to the California State Teachers' Retirement System for a two-building, 550,000 sq. ft. office portfolio in Honolulu....
DEALS & PROJECTS
OPUS WEST MOVES INTO NEW MEXICO Industrial and office developer Opus West has embarked on a new frontier. The firm has completed its first project in...
Disney Concert Hall Draws Applause in Los Angeles
Just one month after its official opening, the $274 million Walt Disney Concert Hall in downtown Los Angeles already is being hailed as a major magnet...
In Progress: One South Dearborn
DEVELOPERS: Hines Interests LP LOCATION: Chicago's Central Loop SIZE: 820,000 sq. ft. COMPLETION: November 2005 BUZZ: Law firm Sidley Austin Brown & Wood...
DEALS & PROJECTS
YUM! BRANDS INKS DALLAS' LARGEST LEASE OF '03 Yum! Brands Inc. signed the Dallas market's largest office lease of 2003 when it renewed its 321,000 sq....
DEALS & PROJECTS
SHEA PROPERTIES BREAKS GROUND ON $120M OFFICE PROJECT Shea Properties has broken ground on the first phase of the $120 million Shea Center Roseville,...
In Progress: Corona Crossroads
DEVELOPERS: Birtcher Commercial Development Group LOCATION: Corona, California SIZE: 768,454 sq. ft. COMPLETION: 2004 BUZZ: The three-phase industrial...
High Tensions Over Portland High-Rise
One of the last options for Oregon's largest city to create the kind of vibrant environment enjoyed by residents of New York, Paris and other cities is...
DEALS & PROJECTS
$1.1 BILLION HOTEL OPENS IN ATLANTIC CITY Atlantic City's first hotel casino in 13 years is now open for business. The $1.1 billion, 4.2 million sq. ft....
DEALS & PROJECTS
HARTFORD COMPLEX BOUGHT BY NORTHLAND INVESTMENT Northland Investment Corp. has purchased Trumbull Place, a 311,336 sq. ft. office and retail complex in...
Diversifying During the Downturn
With the office and industrial sectors mired in a slump, real estate executive Larry Pobuda has advice for owners and developers: diversify your portfolios....
DEALS & PROJECTS
SAN DIEGO'S BANK CENTER SELLS FOR $112M DRA Advisors/Landmark Asset Management Group has purchased the First National Bank Center in downtown San Diego...
DEALS & PROJECTS
SSR SEALS $98M LA APARTMENT DEAL The 391-unit Post Paseo Colorado apartments in Pasadena, Calif., have sold for $98 million to San Francisco-based SSR...
Long Shot At Long Branch?
During the Gilded Age, Long Branch was an elegant seaside town where Astors, Goulds and Drexels repaired for summer R&R. The glory days ended almost a...
Developers And Architects See The Light
The U.S. real estate industry has never been a strong proponent of going green unless, of course, green refers to dollars. But there is a growing awareness...
The Drill on Military Base Conversion
Since the early 1990s, three waves of military base closings have resulted in the decommissioning of 97 facilities, releasing more than 100,000 acres...
Rehabs: A Solid Niche In A Shaky Market
Renovating historic buildings for re-use has never been easy. Everything about these projects, from acquiring properties to securing financing, can be...
ASSOCIATED PRESS LEAVES ROCK CENTER
After a two-year search for new Manhattan headquarters, The Associated Press has settled on less expensive space far west of Rockefeller Center, where...
Still Crazy for Lifestyle Centers
Almost from the moment that lifestyle centers emerged as a hot new trend in retail development, they have been branded as just another format fad that...
In Progress: Park West Place
DEVELOPER: Kitchell Development Co.LOCATION: Stockton, Calif.ARCHITECT: Nadel ArchitectsSIZE: 700,000 sq. ft.ANCHORS: Target, Kohl's Babies R Us, Bed...
