Hines Plans New 40-story Chicago Tower
Hines will begin construction this fall on a 40-story office tower in Chicago at One Dearborn Street. The 820,000 sq. ft. tower is expected to be finished...
Hines Plans New 40-story Chicago Tower
Hines will begin construction this fall on a 40-story office tower in Chicago at One Dearborn Street. The 820,000 sq. ft. tower is expected to be finished...
Big-Box Comes To The Big Apple
Of all the urban markets, Manhattan has posed the greatest challenge to big-box retailers. From Wal-Marts in Los Angeles to Lowe's in Chicago, the discounters...
DEALS & PROJECTS
JOINT VENTURE TO REPOSITION REGIONAL MALLS Metro Commercial Real Estate Inc. and The Daniel Group LLC have teamed up to form a joint venture repositioning...
Squeezing Green Out of Brownfield Development
Ten years ago, only specialists attempted to rehabilitate contaminated properties. Today, many developers are interested in brownfield redevelopment....
Lend Lease to Exit Real Estate Investments Operations
Lend Lease Corp. today announced that it plans to exit its real estate investment operations in the United States and some European-based groups. The...
DEALS & PROJECTS
WELLS ACQUIRES DETROIT OFFICE BUILDING Wells Real Estate Investment Trust has acquired 150 West Jefferson, a 505,417 sq. ft. Class-A office building in...
Forum scheduled to discuss sale of El Toro land
A forum to discuss the sale of a 3,500-acre parcel of the former Marine Corps Air Station El Toro is planned for 10 a.m. on April 28. The site is the...
Design-Build Goes Mainstream
The design-build project delivery method, for years considered the Tinker Toy division of general contracting, is transforming the commercial construction...
DEALS & PROJECTS
DONAHUE SCHRIBER BEGINS FACELIFT OF SAN DIEGO LIFESTYLE CENTER Costa Mesa, Calif.-based Donahue Schriber has begun a $2.9 million renovation of Clairemont...
Developer warns office recovery won’t occur until late 2004
ATLANTA — The near-term outlook for the economy and the commercial real estate industry remains "bleak," says Thomas Bell, CEO of Atlanta-based Cousins...
Crown's Jewel
Crown Realty & Development has established a track record of tackling complex projects. The privately held firm based in Irvine, Calif., is on the verge...
Giant Logistics Project Thriving
Although the tough leasing environment has many industrial owners operating in survival mode, the sprawling $4.3 billion AllianceTexas Airport project...
Garden Variety Slump
The northern New Jersey real estate market is limping through the murkiest economy in a decade. Occupancy rates across all property classes waned in 2002....
DEALS & PROJECTS
OFFICE TOWER PLANNED FOR DOWNTOWN D.C. CarrAmerica Realty Corp. and Douglas Development are teaming up to build a new office and retail development at...
A NEW ERA FOR Affordable Housing
The competition for affordable housing tax credits and related incentives is as intense as ever among developers, even as federal and state budgets tighten....
Mold on Hold
A year ago, the mold crisis looked as if it would follow the course of many past environmental problems lawsuits, then laws, then years of cleanup. But...
Design chosen for rebuilding of Ground Zero
After months of speculation, New York City Mayor Michael Bloomberg has selected an architectural team to rebuild the World Trade Center site. Architect...
DEALS & PROJECTS
ASHFORTH SPRUCES UP 1818 MARKET ST. The Ashforth Co. of Stamford, Conn., has launched a $5 million capital improvement program at 1818 Market St., a 981,743...
DEALS & PROJECTS
CDI/EAST ACQUIRES DALLAS TROPHY TOWER New York-based Commercial Developments International/East Inc. (CDI/East) has kicked off an aggressive acquisition...
NEWS BRIEFS
TAILOR-MADE DIGS FOR THE PAMPERED CHEF The Pampered Chef has a new home. Atlanta-based IDI has developed a 780,000 sq. ft. facility in Addison, Ill.,...
NEWS BRIEFS
TIAA BUYS MIAMI TROPHY TOWER New York-based Teachers Insurance and Annuity Association has purchased a Miami landmark. One Brickell Square, a 415,000...
Lowe Enterprises wins NAIOP’s ‘Developer of the Year’ award
The National Association of Industrial and Office Properties (NAIOP) has selected Los Angeles-based Lowe Enterprises Inc. as its "2002 Developer of the...
NEWS BRIEFS
NATIONWIDE REALTY TO DEVELOP ALLIED INSURANCE'S CORPORATE HQ Columbus, Ohio-based Nationwide Realty Investors the real estate development affiliate of...
NEWS BRIEFS
FOR $21 MILLION, HARBOR GROUP GETS A D.C. TROPHY Norfolk, Va.-based Harbor Group Intl. (HGI) has acquired the 100,000 sq. ft. 1015 18th Street office...
