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WASHINGTON, DC-A joint venture that includes Principal Real Estate Investors LLC and a group of Korea-based pension funds are reportedly set to acquire the Washington Harbour development in Georgetown for $370 million.
NEW YORK CITY-The 11th-hour bid for the landmark office tower is seen as a move to thwart plans to make it the centerpiece of a $5-billion publicly traded company.
NEW YORK CITY-Resource Real Estate, Inc., a subsidiary of Resource America, Inc., reports it has launched The Resource Real Estate Diversified Income Fund.
NEW YORK CITY-The New York City Council in approving a 32-residential tower project in Fort Greene on Tuesday has ensured that the Brooklyn Public Library's Pacific Branch near Barclay's Center remains open, at least for the short term.
GREEN BAY, WI-After receiving approvals from the Redevelopment Authority and most recently the Green Bay City Council on Tuesday, the Metreau apartment project could be in line for about $3 million in tax incremental financing assistance.
CHATHAM, NJ-Commercial real estate services firm Cassidy Turley reports it has consolidated its Rochelle Park, Parsippany and Somerset offices and will now have its leasing team operate out of offices at 26 Main St., Suite 202, in Chatham.
NEW YORK CITY-New York Media, the publisher of New York magazine, has signed a lease for more than 80,000 square feet of space at One Hudson Square with building owner Trinity Real Estate.
NEW YORK CITY-Part of Mayor Michael Bloomberg's nearly $20-billion storm prevention plan is the development of a SeaPort City aimed at providing lower Manhattan with storm-surge protection, and serving as a catalyst for jobs and economic growth.