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CHICAGO-The real estate firm has been marketing the Sun-Times building at 401 N. Wabash Ave. for Hollinger International, Inc., which has joined Donald Trump in a joint venture to build a 78-story mixed-use tower there.
FAIRFAX, VA-A new Hilton Garden Inn opens, offering 149 rooms and about 6,000 sf of meeting room space. The endeavor cost just over $15 million, and takes the list of Hilton Garden Inn brand hotels in the US over the 125 mark.
VANCOUVER, WA-Nichole Coulter is providing technical support on land use and development projects, environmental cleanup, long-range infrastructure planning and wetland mitigation to ensure port projects meet all applicable environmental regulations.
ORLANDO-The 11-year-old, nine-story structure, just off the main Downtown corridor, and the 1.1 million-sf, 17-year-old Agere Inc. computer chip manufacturing plant in south Orlando are expected to challenge listing brokers in a weak investment market environment, area brokers tells GlobeSt.com.
AUSTIN-Motorists will find it easier going to access the 115,000-sf Tech Ridge Phase I. The artery's opening enables access from the Interstate 35 frontage road. A $1.5-million bridge to further help access will be done in May.
LONDON-The Duke of Westminster's Grosvenor has taken a 25% stake in Shearer Property Group (SPG) and Universities' Superannuation Scheme's 425,000-sf Grand Arcade shopping mall project in Cambridge.
HOUSTON-Building owners will be tweaking portfolios to meet demands for enhanced fire protection systems, larger truck aprons and rail accessibility. The changes come along with a prediction for two years of slowed construction.
SOUTHFIELD, MI- Insite Commercial Group becomes the 55th member of real estate consortium TCN Worldwide, which is based in Dallas. Insite, a one-year-old firm, is a subsidiary of Schostak Brothers & Co.
CHICAGO-Developers of a proposed 24-unit building at Madison Street and Homan Avenue line up $1.6 million in no-interest, 32-year mortgage financing in addition to historic rehab and low-interest housing tax credits.
ESCONDIDO, CA-A San Diego-based construction management and consulting firm has completed a project for a golf improvement center here. The golf facilities market has been especially strong, with golf manufacturing and practice facilities proving to be particularly popular among developers.