Rick McDowell

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  • Holland 1916 Inc. Relocates to Liberty, Mo.

    Holland 1916 Inc., a private company that is corporate parent for five manufacturing companies, has recently announced it will relocate its corporate headquarters and three of its companies to Liberty, Missouri.

    Kansas City 19 July 2013 21:53

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  • Starwood Capital to Acquire Austin’s Forestar Group

    The Forestar board unanimously approved the $605 million merger, which is expected to close in the third quarter of 2017. The firm has been reducing its debt and exiting non-core assets for the last 18 months.

    17 April 2017 13:45
  • DDR, Madison International Recap $1B Retail Portfolio

    The joint venture refinanced 52 grocery-anchored shopping centers totaling 7 million square feet. The properties are predominantly located in Florida and elsewhere in the Southeast.

    20 June 2017 09:15
  • Raw Material Manufacturer Expands to Central Ohio

    Ohio Pack intends to invest $25.4 million in a new 135,000-square-foot plant in Heath, Ohio. The company will add 66 jobs over the next five years.

    26 April 2017 07:57
  • Transwestern to Handle Sale of DC-Area Office Asset

    The 174,000-square-foot property is located within Prince George’s County Metro Center Complex, which consists of 1.3 million square feet of office space, 120,000 square feet of retail space, 134 residential condos and 910 multifamily/student housing units.

    26 June 2017 15:35
  • Madison Realty Capital Sells Richmond Plaza

    The 155,781-square-foot retail center in Richmond, Mich., sold to Statewide Richmond LLC in an off-market transaction. The property has nearly 39,000 square feet available for lease.

    10 July 2017 16:27
  • Ridge Breaks Ground on 186 KSF Industrial Asset

    Dubbed Ridge Brewster Creek II, the project is slotted for completion by December 2017. Newmark Knight Frank will handle leasing for the development.

    17 August 2017 17:08
  • Chinese Investment in US Real Estate Likely to Slow

    China’s new set of restrictions on foreign investment is expected to impact U.S. real estate. Morris, Manning & Martin’s Samantha Ahuja weighs in on the extent of the effect and the alternatives for Chinese investors.

    20 September 2017 16:12
  • St. John Properties Closes 100 KSF in B’More-Area Leases

    The seven companies inked for space within Greenleigh at Crossroads, a phase of the 1,000-acre development Baltimore Crossroads @ 95.

    20 July 2017 10:42
  • Economy Watch: Bioscience Firms Will Pay Premiums for Prime Space

    Life sciences employers are willing to pay high rents to be near hard-to-find talent. With laboratory space being scarce and rents continuing to rise, firms are facing the pressure to make their spaces desirable while keeping costs under control.

    16 October 2017 13:29
  • Waldorf Astoria Dives into the Maldives

    Scheduled for completion in early 2019, the five-star hotel will mark the first ground-up development for Hilton's Waldorf Astoria brand and the second in the Maldives for Hilton overall. The property will feature an approximately 22,000-square-foot spa.

    28 September 2017 22:29