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MIPIM Special Series—Part One: Focus China
Associate editor Eliza Theiss presents a focus on real estate investment in China, the first in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March. …
MGM Details Arena-Centered Entertainment District in Vegas
There's going to be a lot of action on the stretch between MGM Resorts International's New York-New York and Monte Carlo casino-resort properties along the Las Vegas Strip. …
Hollister Breaks Ground on Newest Addition to Teachers Village in Newark
Teachers Village, an education-centric mixed-use project in Newark, N.J., graduates to a new level with the groundbreaking on another residential building that will grace the $150 million development. …
$260M M-U Runway Project Underway in L.A.’s Playa Vista
Construction has gotten off the ground on Runway, the $260 million mixed-use center that will sit on the former runway of billionaire Howard Hughes' aerospace complex in the L.A. community of Playa Vista. …
Millennium Signs 125 KSF Lease, Jumpstarting $630M Boston Project
Millennium Partners has just landed a commitment that paves the way for the commencement of the Millennium Tower/Burnham Building project, the company's $630 million redevelopment of the former Filene's Department Store site in downtown Boston. …
Google Expands $390M Data Center in Belgium
Internet search giant Google has announced a $390 million investment in the expansion of its data center in Belgium. …
L’Oréal, SAP Take 500 KSF of Office Space at NYC’s Hudson Yards
The South Tower at the 13 million-square-foot mixed-use project being developed by Related Cos. and Oxford Properties Group has just reached a total of 80 percent in occupancy commitments with two new lease agreements.…
Ivanhoé JV Joins Goldman, Greystar in 27 M-F Properties
Ivanhoé Cambridge has made its largest multi-family investment, joining a partnership of Goldman, Sachs & Co. and Greystar in the $1.5 billion acquisition of 8,010 multi-family units from Equity Residential.…
GlaxoSmithKline Sets Up Shop in New 208 KSF Home in Philly’s Navy Yard
A mere 18 months after Liberty Property Trust and Synterra Partners broke ground on GlaxoSmithKline's new 208,000-square-foot office building, located in the Navy Yard Corporate Center at the Philadelphia Navy Yard, the pharmaceutical giant has settled into its new digs. …
Union Bank to Acquire PB Capital’s $3.7B CRE Portfolio/Platform
Union Bank N.A. has reached an agreement to acquire the $3.7 billion institutional CRE lending portfolio and platform of PB Capital Corp.…
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