Hearst Tower in Charlotte Sold for $250 Million
CHARLOTTE, N.C. — The 47-story Hearst Tower in Charlotte has been purchased by Orlando-based Parkway Properties for $250 million. The $250 million, or $257 per
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Hines Sells Denver Office Project
DENVER – Hines has sold its Mountain View Corporate Center, a four-building, 461,438-square-foot, Class A office development in Broomfield, Colorado. Westfield Capital Partners purchased the
Exxon Mobil Moving 2,000 to Houston from Fairfax, Va. and Akron
By Ralph Bivins HOUSTON – Exxon Mobil will relocate 2,000 employees from Fairfax, Va. and Akron, Ohio, to its new 385-acre corporate campus which is
Spec Office Project Under Construction In Houston’s Energy Corridor
By Ralph Bivins HOUSTON — With no tenants signed, Myers Crow & Saviers, Ltd., will begin construction on the 135,000-square-foot Mason Creek Office Center near
Magic Johnson Group Developing 257-Unit Apartment in Austin
AUSTIN — Forestar Group has formed a venture with Magic Johnson’s Canyon-Johnson Urban Funds for development of a downtown multifamily community located in Austin. The
Weingarten Leaves the Warehouse Business, Selling 52 Properties for $382 Million
HOUSTON -Weingarten Realty Investors, a Houston-based REIT, has sold 52 industrial properties for $382.4 million, enabling Weingarten to focus solely on shopping centers. “The completion
Lehman Bros. Buys Remainder of Archstone
NEW YORK – Bank of America and Barclays Bank PLC have entered into an agreement with Equity Residential and Lehman Brothers Holdings Inc. pursuant to
Historic St. Anthony Hotel of San Antonio Sold
SAN ANTONIO – The St. Anthony Hotel, a 352-room, historic hotel in San Antonio, has been purchased by San Antonio-based BC Lynd, which will spend
Centennial Buys Retail in North Texas
NORTH RICHLAND HILLS, Texas – Centennial Real Estate bought The Crossing, a 247,720-square-foot community center located in North Richland Hills, Texas. The Crossing is anchored
Hines/Ivanhoe Cambridge JV to Build 45-story Tower in Chicago
CHICAGO – Ivanhoé Cambridge, one of the 10 largest real estate companies in the world, announce that $300 million will be spent to build a 45-story