LONDON-Amid an effort to open hotels in key gateway cities for Asian travelers, Shangri-La Hotels and Resorts inks a 30-year lease agreement for 18 floors in the upper half of the 70-story London Bridge Tower, set to open in 2009 on the South Bank of the Thames River.
LONDON-Amid an effort to open hotels in key gateway cities for Asian travelers, Shangri-La Hotels and Resorts inks a 30-year lease agreement for 18 floors in the upper half of the 70-story London Bridge Tower, set to open in 2009 on the South Bank of the Thames River.
RICHMOND, CA-The Emerald Fund Inc. and Lennar Communities pay $98.5 million for the Marina Bay Apartments here with plans to convert the rental property to condominiums.
RICHMOND, CA-The Emerald Fund Inc. and Lennar Communities pay $98.5 million for the Marina Bay Apartments here with plans to convert the rental property to condominiums.
SEATTLE-The locally based commercial real estate listing service expands into Washington's Inland Empire after being courted there by five real estate companies.
PORTLAND, OR-The city's urban renewal agency, the Portland Development Commission, is a few months away from a tentative development agreement with Trammell Crow Residential for a 26-story, 200-unit apartment tower on one-quarter of a block at the northeast corner of SW 3rd Avenue and Oak Street.
PORTLAND, OR-The city's urban renewal agency, the Portland Development Commission, is a few months away from a tentative development agreement with Trammell Crow Residential for a 26-story, 200-unit apartment tower on one-quarter of a block at the northeast corner of SW 3rd Avenue and Oak Street.
PORTLAND-In the wake of a recent rule change requiring that loans from the US Department of Housing and Urban Development be guaranteed, the Portland Development Commission opts to find an alternate source of support for the would-be conversion of the historic building's upper floors into a 325-room Renaissance hotel.
KENT, WA-Belshaw Bros. of Seattle pays the airplane manufacturer about $3.5 million for a 106,000-sf building here that will become its new headquarters, replacing several smaller buildings it currently occupies in Seattle's south-end industrial district.
WARSAW-Heitman LLC starts its third Europe property fund with equity from Europe-based pension funds and insurance companies. As did its two predecessors, the fund will target value-add opportunities, but will have more equity to work with as well as a broader geographic focus.