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H. Lee Murphy

H. Lee’s Recent activity

Now Showing: Movie Theater Expansion, Part II
May 01, 2007
Last June, Harkins Theatres, an Arizona-based movie theater chain, made its debut in California, opening with a state-of-the-art, 16-screen cinema complex in a mall in Moreno Valley. Harkins' arrival led to the...
New Heights for Windy City?
Apr 01, 2007
Since the Sears Tower in Chicago's Loop lost its title as the world's tallest building a decade ago, big skyscraper proposals have popped up periodically with the promise of winning back the honor. All have foundered...
Reinventing Retail
Feb 01, 2007
When Yorktown Shopping Center opened in 1968 in the Chicago suburb of Lombard, the enclosed regional mall spanned 1.3 million sq. ft. and ranked as the largest retail mecca in America. Anchored by four department...
Hooked on Medical Office
Jan 01, 2007
Carl Ohly was a young Atlanta accountant looking for a business to invest in back in 1972 when a friend told him about a medical office building project that had run aground in mid-construction. The building was far...
Hotel Development Pipeline Swells
Dec 01, 2006
Buoyed by strong occupancies and room rates, the hotel industry is poised to embark on its biggest construction binge since the go-go days of the late 1990s. Lodging executives believe that the bullish conditions will...
Enticing Fairways
Dec 01, 2006
The game of golf, which hasn't been kind to public REIT investors in recent years, is attracting the interest of private-equity investors. The biggest deal in the history of the golf industry was inked in October when...
Big Demand for Small Malls
Oct 01, 2006
When he formed GK Development Inc. in suburban Chicago in 1995, Garo Kholamian figured that he was too small and underfinanced to jump into the regional mall business that had been his stock and trade at the old...
A Taxing Situation
Sep 01, 2006
Everyone loves to complain about high taxes — it's practically the national sport. But for Chicago office building owners, the complaints ring particularly true...
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