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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
NEW YORK CITY—Identified as a top priority by area residents, the 14-screen complex that was the first tenant for the Market Line project will also be the first new movie theater in Manhattan for more than a decade.
LOS ANGELES—The 41-year-old consulting firm helps clients “identify the 'unknown' in potential construction projects and investments, and CBRE's global platform will bolster that effort,” says president Robert Barone.
NEW YORK CITY—The two Singapore-based entities are acquiring IndCor because “it is one of the largest industrial platforms in the US and it is at an attractive point in the recovering US industrial market cycle,” says GIC's Tia Miyamoto.
SEATTLE—Looking ahead after a banner year, the company is “developing technology that will enable us to serve our clients better” as one of five key initiatives, the USA president tells GlobeSt.com.
CHESAPEAKE, VA—Dollar Tree, scheduled to merge with larger rival Family Dollar, said Friday that FTC concerns could derail Dollar General's unsolicited counter-offer for FDO.
ATLANTA—Scarcity across a number of product types is giving operators the leverage they need to boost room rates "well above the level of inflation," says PKF's R. Mark Woodworth.
NEWPORT BEACH, CA—Thanks to investors' continued search for yield, it wouldn't be surprising to see cap rates compress further, in the view of Green Street Advisors' Peter Rothemund.
HAMILTON, BERMUDA—Along with the Qatar Investment Authority's $1.8-billion equity stake in BPY, the two organizations will JV on making an offer to buy the Canary Wharf complex in London.
NEUILLY-SUR-SEINE, FRANCE—Bureau Veritas developed the prototype of its Building In One platform in collaboration with GE Capital Real Estate, AEW Europe and two other partners.
SAN FRANCISCO—Marcus & Millichap's chief strategy officer told a CNBC audience that real estate trusts operate “on the cutting edge of economies of scale, acquisition capabilities and development capabilities.”