David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
ANTIGUA—Chinese firm YIDA purchased 1,522 acres of developable land in Antigua, and has plans to create a multi-billion dollar mixed-use project including a golf resort, several five-star hotels, a horse track and residences stretching from the Crump Peninsula to Guiana Island.
SAN DIEGO—Murphy Development will re-brand the 31-acre property as Scripps Ranch Technology Park, and plans call for development of one to three-story corporate headquarters buildings and research and development facilities.
IRVINE, CA—RealtyTrac census analysis looks at nationwide trends at the county level, and baby boomers are downsizing to less expensive markets, while millennials are chasing jobs.
EMERYVILLE, CA—Leading “extreme-value” chain was sold by Berkshire Partners to an investment team that includes senior management and Hellman & Friedman.
SAN FRANCISCO—Thomas Hwang, coming for IndCor Properties, will work in the San Francisco office, running a portfolio of institutional assets throughout the western United States.
SEOUL, South Korea—Having bid twice as much as competitor Samsung, Hyundai Motor Co. says the purchase of the Kepco site for its new HQ and an auto-themed tourist attraction is still a solid investment.