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TAMPA, FL—Houston-based real estate firm Hines reports it has begun construction on the mixed-use Asturia master-planned community to be built on a 500-acre parcel on State Route 54 here,
LOS ANGELES—A joint venture between Embarcadero Capital Partners and Westbrook is the latest investor to flock to El Segundo to capitalize on the growing creative office market.
NEW YORK CITY—Real estate and private equity and asset management firm Savanna reports it has closed its fourth fund with more than $440 million of commitments.
NEW YORK CITY—Set to identify the stumbling blocks for such companies getting business done, the group will be co-chaired by the Downtown Alliance's Jessica Lappin and a Brooklyn BID executive.
PHOENIX—Palisades Private Capital Fund I, a $50-million fund sponsored by Palisades Mexico Partners, has acquired, 4141 N. Scottsdale Rd., a 147,356-square-foot, 91.3% leased, three-story class A office building in Scottsdale.