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DENVER-The 116-unit Swallow Hill Condominiums project is a case study of how developers facing opposition should respond to gain the support of neighborhood groups. Charleston, SC-based Greystar Real Estate does just that.
SEATTLE-The world's leading professional association for corporate real estate executives, the International Development Research Council, wound down its regional networking event this week at the Washington State Trade & Convention Center.
NEW YORK CITY-The broadband provider filed for protection late yesterday and has let go two-thirds of its staff. The move is the latest wrinkle in a trend GlobeSt.com predicted last year.
DENVER, CO-AmeriVest Properties Inc., focusing exclusively on owning and operating office buildings that cater to small and medium-sized tenants, reports results that include three new Denver-area buildings in its portfolio.
PHOENIX-American Physicians Inc. has joined the tenant lineup at Central Park Square. The physicians, which specializes in house calls, has signed for a 17,300-sf spot for their headquarters. Jackson National Life Insurance is the building owner.
BALTIMORE, MD-The 439-room, full service Hilton hotel has been purchased by Radisson-Olympus Capital Partners and renamed the Radisson Plaza Hotel Baltimore Inner Harbor. Company officials didn't release financial details.
COLUMBIA, MD-The beleaguered hotel REIT reports its FFO dipped 2.9% while per-share FFO is down 6%. The company also denies the allegations of wrongdoing claimed in two class-action suits recently filed against it.
AUSTIN-Los Angeles-based JER Partners' retreat from a $55-million office project on Bee Cave Road has uncovered a new teammate for Endeavor Real Estate Group. The new player is a local investor who keeps a low profile, GlobeSt.com is told.
SEATTLE-The store in King of Prussia, PA will occupy approximately 40,000 sf of an 185,000-sf development by ORIX Real Estate Equities Inc. Neighbors will be Best Buy, United Artists 15, IMAX Theatre and Champs Restaurant.