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Developer Unveils $250M Plan to Rescue Financially Listing Queen Mary Attraction
A Los Angeles real estate investment and development company has announced a rescue plan for the Queen Mary, which as a tourist attraction has often navigated through a sea of red ink over the decades since she moored for the last time in the Port of...

$1 Billion Mercer Crossing Mixed-Use Project Gets Underway Near Dallas
Developer Mehrdad Moayedi has formally begun construction of Mercer Crossing, a massive $1 billion mixed-use development in Farmers Branch, TX, about 14 miles northwest of Dallas. Moayedi's Centurion American Development Group is building the project...

Target Unveils Prototype for Redesign of 500 Stores by 2019
Target Corp. (NYSE: TGT) unveiled design elements for an updated store format that will serve as the basis for a multi-billion-dollar investment to convert 500 of the retailer's existing stores and roll out 100 smaller-format stores over the next three...

Amazon Takes Another 300,000 SF in Seattle's Largest Office Lease to Date in 2017 is adding even further to its already rapidly-growing office presence in Seattle, leasing all 11 floors of Touchstone Corp.'s Tilt49 building under construction in the Denny Triangle neighborhood. The 290,673 square feet taken by Amazon...

Newcastle Breaks Ground on Two New Industrial Facilities in the Inland Empire
San Francisco-based real estate development company Newcastle Partners has commenced construction on two industrial facilities totaling more than 570,000 square feet being built on-spec across the Inland Empire. The larger of the two, Meridian Distribution...

Blue Shield Signs 200,000-SF Lease in Planned Move from San Francisco to Oakland
In one of the largest office leases in Oakland on record, Blue Shield of California will move its corporate headquarters into 200,000 square feet at 601 City Center, a project finally under development by Shorenstein Properties and MetLife Inc. after...

Electronics Distributor Planning 1 Million-SF Expansion in NW Minnesota
Digi-Key Electronics is reviewing potential sites for a 1 million-square-foot manufacturing, fulfillment and warehouse that could create more than 1,000 jobs. Based in Thief River Falls, a small city in Pennington County, MI, about 70 miles south of...

Tennessee Beats Out Seven States to Win LG's First US Washing Machine Factory
South Korea-based multinational electronics company LG Electronics will invest $250 million to build its first U.S. production facility, a home appliance factory near Clarksville, TN. The new 829,000-square-foot facility, to be built in Clarksville...

Excelsior Group Retains Transwestern to Lease The Towers at West End
The Excelsior Group has retained Transwestern to handle preleasing efforts at its proposed The Towers at West End - Phase I office building set to rise at 10 West End Blvd. in Saint Louis Park, MN. The first 4-Star office building to be constructed...

Trammell Crow Developing 1.5-Million-SF Spec Logistics Project in Riverside
Washington Capital Management Inc., advisor to property owner Operating Engineers Pension Trust Local 12, has tapped Trammell Crow Co. (TCC) to build a three-building, 1.46 million-square-foot industrial development in Riverside's Hunter Park. The...

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