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WASHINGTON, DC—A request for by the Children's National Medical Center at the former Walter Reed Army Hospital property could have a dramatic impact on development plans by the district that call for housing, a charter school and retail.
GREENVILLE, SC—Big Shopping Centers USA of Beverly Hills, CA reports it has entered into a joint venture with RealtyLink to acquire the Crosspointe Plaza shopping center here where Big Shopping Centers secured an 85% interest in the property, while RealtyLink maintains the remainder of the interest in the complex.
GAINESVILLE, FL—Signet Development of Jacksonville, FL held a ceremonial groundbreaking ceremony for its $23-million Infinity Hall, a live, learn student housing project, at the University of Florida here.
STAMFORD, CT—State and city officials here are on edge after learning late last week that Swiss banker UBS has hired commercial brokerage firm Cushman & Wakefield to market its office tower on Washington Blvd. here.
RESTON, VA—Boston Properties has reportedly sold its Patriots Park office complex here to an affiliate of South Korea's Hyundai Group for approximately $321 million.
NEW PORT RICHEY, FL—The Pasco Square Shopping Center has been sold by Phillips Edison and Co. to Isram Acquisition Corp. The 135,421-square-foot shopping center was 90% leased at the time of the sale.
MIAMI—TotalBank has relocated its headquarters to the Miami Tower building here. The bank, which has its signage affixed at the top of the downtown high-rise building, will occupy three floors and relocate its Downtown Banking Center to the newly redesigned ground floor at 100 E. 2nd St.