FARGO, ND-The firm is building a 371-room replacement hospital away from the flood-prone downtown, part of a $600-million capital plan to add and improve facilities across the world.
SHANGHAI-The company signed a purchase agreement in May for the 1.1-million-square-foot Shanghai New World Changning Commercial Center here, and has now closed the deal.
GRAPEVINE, TX-The Santa Barbara, CA-based firm joined with Los Angeles-based Zelman to gain an adjustable-rate loan through HFF on the 40-acre Hilton DFW Lakes conference center.
CHICAGO-A new study by Mid-America Real Estate Corp. shows that full-service grocers have declined in the area as gourmet stores increase, while all companies seek to reduce store size.
WHEELING, IL-The village selected the firm to develop Wheeling Town Center, which will include retail, multifamily, office and senior housing. The village is providing tax incentives.
CHICAGO-Recently promoted Thornton Tomasetti VP Donald Hamlin says health care construction, supported by high-tech modeling, is pretty much the only steady work today.
HONG KONG-Asian countries saw almost double the office rent growth as the rest of the world, at 13.4% in the second quarter, compared to the average global 7.4% growth, per a CBRE report.
HOUSTON-Ann Arbor, MI-based McKinley has been appointed the receiver for a 14-asset apartment portfolio formerly held on a CMBS loan by the defunct Babcock & Brown firm.