TAICHUNG, TAIWAN-The city is the Chicago to Taipai’s New York City, and company executives say there’s opportunity for better property investment returns.
NEW YORK CITY-The locally based bank blamed bad hedge trading for the loss in a conference call Thursday evening, bringing down bank stocks across the industry.
DENVER-The association’s 46th annual spring real estate conference will be held here June 20-23. Topics include online triumphing over print, social media and trips to Coors Field and Vail.
CHICAGO-The Perlmutter company, which ditched half its properties last year and saw its managing member leave, has been hired to manage the 900 N. Michigan Shops complex in its first third-party.
SAN FRANCISCO-Yelp signed a lease for 100,000 square feet at a downtown building here, and Monster Beverage has purchased a building in Corona, CA for a new HQ.
CHICAGO-The 25,000-square-foot shoe store will be the first retail tenant at the property since Joseph Freed redeveloped the tower. Freed was demoted to manager, but Target is leasing soon.
LOS ANGELES-Brett White, who’s held the position since succeeding Ray Wirta in 2005, will step down on Dec. 31. President Bob Sulentic will take over as CEO.
LAS VEGAS-The gaming company is expanding in Vegas, and recently purchased its 114,500-square-foot development center here in the Hughes business park from CIP Real Estate.
CHICAGO-There’s just not the market demand for a comprehensive redevelopment of the 130-year-old former Pullman train factory site, according to a ULI study.
MARYLAND HEIGHTS, MO-The Harrah’s St. Louis, which includes a 500-room hotel, is only 25 miles from another Penn casino. Harrah’s will be rebranded under the Hollywood name.