http://www.commercialpropertynews.com The latest news and information from CommercialPropertyNews.com en-us 2007 CommercialPropertyNews.com Sun, 20 Jul 2008 05:46:995 EDT Realestate News Fri, 18 Jul 2008 01:50:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i516a266405612dea8870202e2e8a90a6 Realestate News Barbra Murray, Contributing Editor http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i516a266405612dea8870202e2e8a90a6 Plans for a new destination casino in New Brunswick, Canada move closer toward realization as developer Sonco Gaming New Brunswick L.P. divulges details of the mixed-use property. Fri, 18 Jul 2008 01:28:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i516a266405612deadffc1c948a692fb4 Realestate News Gail Kalinoski, Contributing Editor http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i516a266405612deadffc1c948a692fb4 With more than $700 million in capital in its coffers to spend, privately-held retail real estate company DLC Management Corp. has just made its first purchase of the year, acquiring Skytop Pavilion, a grocery-anchored shopping center in Cincinnati. Fri, 18 Jul 2008 01:22:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i516a266405612dea9dae601870b79cc8 Realestate News Scott Baltic, Contributing Editor http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i516a266405612dea9dae601870b79cc8 A partnership including Kent Swig of Swig Equities L.L.C. has sold a pair of pre-war apartment buildings on Manhattan’s Upper West Side to a locally--based operator of residential and mixed-use properties for $61 million, or about $450 a square foot. Fri, 18 Jul 2008 01:17:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i516a266405612dea9df090892c62b7a0 Realestate News Barbra Murray, Contributing Editor http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i516a266405612dea9df090892c62b7a0 The Mohegan Tribal Gaming Authority has completed its new 300,000-square-foot gaming and entertainment complex at Mohegan Sun at Pocono Downs in Wiles-Barre, Pa. Fri, 18 Jul 2008 01:13:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i516a266405612dea95869f5ec44f7511 Realestate News Paul Rosta, Senior Associate Editor http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i516a266405612dea95869f5ec44f7511 As some investors stay on the sidelines, others continue to see opportunity in softening asset values. UrbanAmerica, a New York City-based investment firm, has agreed to pay Rubicon America Trust $515 million for a 3.1 million-square-foot portfolio of government office buildings. Fri, 18 Jul 2008 12:26:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i3a2b5d0d04f5fd1c8f7a5a2b6e1d94cc Realestate News Thomas Peretti, Contributing Correspondent http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i3a2b5d0d04f5fd1c8f7a5a2b6e1d94cc CBL & Associates have announced plans for an expansion of CoolSprings Galleria, a 1 million-plus-square-foot shopping center in Nashville. Fri, 18 Jul 2008 11:16:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i3a2b5d0d04f5fd1c3b070fdb94446156 Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i3a2b5d0d04f5fd1c3b070fdb94446156 LTC Properties Inc. had signed a $80 million, three-year Unsecured Credit Agreement, the company said today. Fri, 18 Jul 2008 11:06:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i3a2b5d0d04f5fd1c64082236dcd7e408 Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i3a2b5d0d04f5fd1c64082236dcd7e408 Kimco Realty Corp'.'s subsidiary, Kimco Realty Services, Inc. purchased 1,000,000 common shares of Plazacorp Retail Properties Ltd., representing approximately 2.14 percent of the outstanding common shares of Plazacorp. Fri, 18 Jul 2008 11:01:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i3a2b5d0d04f5fd1c3a5718393d76aa85 Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i3a2b5d0d04f5fd1c3a5718393d76aa85 CapitaLand has established its first integrated development private equity fund in China. Raffles City China Fund was successfully closed at $1 billion. Fri, 18 Jul 2008 11:01:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i3a2b5d0d04f5fd1c27ee6c7105f0ad8e Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i3a2b5d0d04f5fd1c27ee6c7105f0ad8e CapitaLand has established its first integrated development private equity fund in China. Raffles City China Fund was successfully closed at $1 billion. Fri, 18 Jul 2008 09:33:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i3a2b5d0d04f5fd1c0c8084df7adb4ced Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i3a2b5d0d04f5fd1c0c8084df7adb4ced The building at 1407 S Street NW in Washington, D.C., home to the Whitman-Walker Clinic, has been sold. Fri, 18 Jul 2008 09:26:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i7d21992b375a28c6bfe21e4b3976c2b4 Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i7d21992b375a28c6bfe21e4b3976c2b4 C.W. Clark Inc. recently got the green light from the San Diego City Council to move forward with its redevelopment of the Bay View Plaza, a San Diego shopping center originally constructed in the 1950s. Fri, 18 Jul 2008 09:02:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i7d21992b375a28c6af63c320c3f6a925 Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i7d21992b375a28c6af63c320c3f6a925 Development and construction firm Lauth has formed a joint venture with Lend Lease Communities to erect a 60,000-square-foot office building at Horizon Uptown, a 500-acre mixed-use development in Aurora, about 15 miles from Denver, Colo. Fri, 18 Jul 2008 08:59:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/leasing/e3i7d21992b375a28c67d365a2f07f37158 Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/leasing/e3i7d21992b375a28c67d365a2f07f37158 Driven to expand its operations due to increasing demand, Dreams Retail Inc. has leased the industrial building at 725 Landwehr in Northbrook, about 25 miles from Chicago, Ill. Fri, 18 Jul 2008 08:52:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i7d21992b375a28c609c85af1d9e55c2b Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i7d21992b375a28c609c85af1d9e55c2b Development of Microtel Inn & Suites in Woodstock, Ga., has reached completion and made its debut in the suburban Atlanta city. Developed by Dawgwood Hotels L.L.C., the 69-room lodging property sits 30 miles from downtown Atlanta at 305 Molly Lane, and marks the 25th Microtel property to hit the State of Georgia. Thu, 17 Jul 2008 03:55:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i7d21992b375a28c68ed8d8f79c11afb3 Realestate News Barbra Murray, Contributing Editor http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i7d21992b375a28c68ed8d8f79c11afb3 CPI/Gazit Holdings Ltd., a joint venture involving Tel Aviv-based real estate investment company Gazit-Globe Ltd. and CPI Austria Holdings Ltd can take the next step in its planned investment of as much as $1.3 billion in Meinl European Land Ltd., now that Meinl certificate holders have given the deal the go-ahead. Thu, 17 Jul 2008 02:25:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i878f85566c2dda764f1add689428560b Realestate News Scott Baltic, Contributing Editor http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i878f85566c2dda764f1add689428560b Even in this faltering economy, the outlook for renovation and adaptive reuse of historic buildings seems bright. Historical preservation advocates tout the green advantages of reusing older buildings, and the rising cost of construction materials bolsters their case. And the National Park Service, which oversees the nation’s largest program encouraging investment in historic structures, had a banner year last year. Thu, 17 Jul 2008 02:13:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i878f85566c2dda76b48192c1c1d15ca4 Realestate News Tonie Auer, Southwest Correspondent http://www.commercialpropertynews.com/cpn/content_display/business-specialties/development/e3i878f85566c2dda76b48192c1c1d15ca4 Las Vegas's McCarran International Airport has awarded a $1.2 billion construction contract to Perini Building Co. Thu, 17 Jul 2008 01:53:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/leasing/e3i878f85566c2dda76f1bc0e8e900851e3 Realestate News Gail Kalinoski, Contributing Editor http://www.commercialpropertynews.com/cpn/content_display/business-specialties/leasing/e3i878f85566c2dda76f1bc0e8e900851e3 The Port Authority of New York and New Jersey confirmed today that Merrill Lynch has pulled out of plans to locate its headquarters at a new office tower to be constructed at the World Trade Center site in Lower Manhattan. Thu, 17 Jul 2008 10:59:00 EDT http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i57765b16dbd8c2ae1a9b96c981cfde1c Realestate News http://www.commercialpropertynews.com/cpn/content_display/business-specialties/investments/e3i57765b16dbd8c2ae1a9b96c981cfde1c FORT Properties Inc. has acquired the Chase Operations Center, the largest call center in Springfield, Missouri.