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Archive for the Category ‘Property Management’

Cassidy Turley to Manage 300 DEB Stores Nationwide

Cassidy Turley to Manage 300 DEB Stores Nationwide

Cassidy Turley has been tapped by DEB Shops to serve as the affordable-fashion specialty retailer’s project-management services provider. The services firm will oversee DEB’s projects for more than 300 new and remodeled stores across the country.

Milwaukee’s Inland Cos. Joins Colliers Brand

Milwaukee’s Inland Cos. Joins Colliers Brand

The brokerage and property-management divisions of the Inland Cos., based in Milwaukee, are the latest addition to Colliers International’s roster of affiliates.

Jamestown Purchases 171 KSF New-Construction Office Building in D.C.

Jamestown Purchases 171 KSF New-Construction Office Building in D.C.

Jamestown has purchased the brand-new office building at 733 10th St., NW, handing over $140 million to Skanska USA for the 171,171-square-foot property.

Rockwood Capital Spends $90M on 500 KSF Vacant California Office Campus, Plans Renovations

Rockwood Capital Spends $90M on 500 KSF Vacant California Office Campus, Plans Renovations

Rockwood Capital L.L.C. recently shelled out $90 million to acquire a vacant 500,000-square-foot Silicon Valley office campus that will be redeveloped into a Class A property.

Lowe Enterprises Investors Purchases, Rebrands Chicago Hotel

Lowe Enterprises Investors Purchases, Rebrands Chicago Hotel

Lowe Enterprises Investors, on behalf of one of its investment clients, has acquired the 28-story, 213-room Affinia Chicago Hotel from Denihan Hospitality Group. The property, which will be renamed MileNorth, a Chicago Hotel, will see Destination Hotels & Resorts become the new management firm.

Chartwell, Health Care REIT Seniors-Housing JV Worth $931M

Chartwell, Health Care REIT Seniors-Housing JV Worth $931M

Completion of a $931 million seniors-housing acquisition in Canada was significant for both Chartwell Seniors Housing Real Estate REIT and Heath Care REIT, as the 8,187-suite transaction makes Chartwell the largest provider of seniors housing in the country and gives Health Care its first foothold in the growing Canadian market.

Lululemon Sets Record PSF Price for Chicago Retail Store

Lululemon Sets Record PSF Price for Chicago Retail Store

The 2,930-square-foot single-tenant building at 930 N. Rush in Chicago, occupied by Lululemon Athletica, sold to Acadia Realty Trust for $20.5 million, or $7,000 per square foot — in a transaction that marks the highest price per square foot for a retail trade in Windy City history.

KBS REIT Picks Up 175 KSF Office Building in Nashville Suburb

KBS REIT Picks Up 175 KSF Office Building in Nashville Suburb

KBS REIT III has just purchased the 175,262-square-foot The McEwen Building in Franklin, Tenn., 15 miles south of Nashville, from Denver-based Amstar for $40 million.

$300M Financing Deal Paves Way for Transformation of Vegas’ Sahara

$300M Financing Deal Paves Way for Transformation of Vegas’ Sahara

One year after sbe, a hospitality and real estate development company, and Stockbridge Capital Group L.L.C. shut the doors of the Sahara Hotel & Casino to assess new options for the iconic gaming destination, the partners have obtained $300 million in financing for a redevelopment project that will transform the Sahara into SLS Las Vegas.

CoreNet’s Final Day Focused on Evolving CRE Dynamics

CoreNet’s Final Day Focused on Evolving CRE Dynamics

After a full day of thinking, networking and discussing the future of real estate, attendees to the CoreNet Global Summit 2012 in San Diego returned to a second day of planning for the future of the industry — and technology and data offerings will play a critical role.

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