SYDNEY-Locally based Rubicon America Trust and an affiliate of Washington, DC-based NGP Capital puts under contract an 81% interest in 13 office buildings and a distribution center leased to the federal government.
SYDNEY-Locally based Rubicon America Trust and an affiliate of Washington, DC-based NGP Capital puts under contract an 81% interest in 13 office buildings and a distribution center leased to the federal government.
SEATTLE-The City Council this week unanimously approved a plan for exploring revitalization strategies for the Broadway Business District on Capitol Hill, which is located immediately east of Interstate 5 from the Downtown retail core. Next up is a loosening of building height restrictions.
MONTEREY, CA-Ocean Park Hotels of Valencia, CA pays $20.5 million for the 204-room with plans to self-manage the property and invest an additional $5 million in the property to bring it back up to Hilton standards.
MONTEREY, CA-Ocean Park Hotels of Valencia, CA pays $20.5 million for the 204-room with plans to self-manage the property and invest an additional $5 million in the property to bring it back up to Hilton standards.
ST LOUIS-Now that it has selected the Cordish Co., the Major League Baseball team says it will now go about finalizing plans for the nine-figure, mixed-use development where Busch Stadium now stands. The project will include retail and office space as well as residential buildings, an expanded Cardinals Museum and other entertainment attractions.
PORTLAND, OR-After being offered a piece of the $200-million redevelopment, Beam Development withdraws its formal protest of the Portland Development Commission's decision to hand the work to Minneapolis-based Opus Northwest and its local development partner Foundation Real Estate Development.
RALEIGH, NC-The sale takes the locally headquartered REIT out of the Charlotte market where it owns 1.5 million sf, and out of Sabal Park in Tampa, FL, where it owned 940,000 sf. The buying joint venture includes former Highwoods executives.