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07/18/2018
The Saga of One Beverly Hills
When Dalian Wanda Group Co. Ltd. bought an eight-acre property on a prime stretch of Beverly Hills’ Wilshire Boulevard, the Chinese commercial real estate and cinema conglomerate envisioned building a $1.2 billion, 5-Star hotel and condominium development...

07/18/2018
Hines, Ivanhoé Cambridge to Begin Building Latest Downtown Houston Skyscraper at Former Chronicle Site
Hines, in a partnership with Ivanhoé Cambridge, is proceeding with plans to build a 1 million-square-foot skyscraper on the former site of the Houston Chronicle building in downtown Houston, adding to the skyline of the fourth-biggest U.S. city. The...

07/18/2018
Larry Ellison and USC's Cancer Research Institute Could Grow LA Life Science Cluster
When billionaire Larry Ellison’s eponymous medical institute at the University of Southern California opens a dedicated outpost in West Los Angeles next year, it could spark the beginning of a proper clustering of life science companies in the Santa Monica...

07/18/2018
Capital Markets Not Ignoring the Retail Sector
Christiana Mall in Newark, Delaware. Image credit: GGP. While office and hotel properties have been favorites in the capital markets this year, the turbulent retail sector has not been left out. That's been the case this week with details emerging...

07/18/2018
Ferrara Candy, Sweet on Downtown Chicago, Will Move HQ from the Suburbs to City's West Loop
Add Ferrara Candy Co. to the list of Illinois corporations migrating from the suburbs and smaller cities to downtown Chicago. The maker of Baby Ruth’s, Lemonheads and Sno-Caps is moving its confections corporate business to the Chicago Loop, following...

07/18/2018
Pupil Joins Stream Realty to Lead Southern California Expansion for Dallas-Based Brokerage Firm
Martin Pupil has joined Dallas-based Stream Realty Partners after 14 years at Colliers International. Martin Pupil, the former president of Colliers International's U.S. real estate brokerage operation, is headed to Dallas-based commercial leasing...

07/17/2018
A Chunk of Target's HQ Complex in Minneapolis Goes Up for Sale
Jones Lang LaSalle appears to be marketing a 499,000-square-foot, 12-story building in downtown Minneapolis that is home to a portion of Target Corp.’s main office. A newly created website for the listing at 950 Nicollet Mall quietly went live over...

07/17/2018
Retailers Introduce Sneaker Bars, Giant Vending Machines, Curbside Service to Capture Shoppers
Nike’s new store in the upscale Melrose neighborhood of Los Angeles may provide a glimpse into the future of brick-and-mortar retail. The sports apparel company unveiled Nike Live in Los Angeles. The opening of the 4,600-square-foot store this month...

07/17/2018
Fresh From Dismantling New York REIT, Silverstein Considers Her Next Move
The Viceroy Hotel (pictured, above) at 120-124 W. 57th St. in New York City is now under contract, one of the last remaining holdings for New York REIT. Real estate executive Wendy Silverstein found herself accepting what many in the industry may call...

07/17/2018
Japanese Furniture Company Aki-Home Plans 100 New Stores Across the Country
Aki-Home opened its flagship store in the Ontario Mills Mall in Ontario, CA, in May.Japanese furniture retailer Aki-Home plans to build as many as 100 stores across the United States in the next 10 years, seeking to gain a larger share of the expanding...

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