Notice: Undefined index: fullissue in /export/wwwroot/globenews/htdocs/issues/globenews_week/5_40/index.phtml on line 5 October 1, 2007 | Vol. 5 No. 40
Inland Weighs $920M Hotel Portfolio Buy OAK BROOK, IL-Inland American is considering the purchase of a 22-property hotel portfolio from an affiliate of RLJ Cos., but can still back out of the deal until Oct. 15.
ALM's Real Estate Media Teams for Green Initiatives NEW YORK CITY-The locally based company will join forces with BOMA and the USGBC on a research study focused on the application of green in existing buildings.
210-Room Andaz To Anchor $750M East Avenue AUSTIN-East Avenue Investment Group's project will get the world's fourth Hyatt Andaz. Work begins in late 2008 on the hotel and 600,000 sf of office.
Pyramid, Spinnaker Launch $450M-Plus MXD-Use ST. LOUIS-The companies are partnering on 160,000 sf of retail (with General Growth), 525,000 sf of office, a hotel and almost 300 multifamily units in Downtown.
Fortis Pushes 2M-SF Plus of Trophies to Market DALLAS-Fortis sets the stage for a record-breaking sale with a 2.3-million-sf portfolio that's predicted to reach $600 million at the closing table. The call for offers is mid-November.
Council Hears $300M Plan for Former Kmart HQ TROY, MI-The Richardson Development Group envisions up to 600,000 sf of retail, 60,000 sf of office and 200 condos in the projects first phase.
Centene To Build up to 1M-SF Office HQ ST. LOUIS-The healthcare firm is moving from the suburbs into the Ballpark Village area with this $250-million project, partnering with US Equities and Clayco.
Transwestern Mapping Out 700,000-SF Office Plan HOUSTON-Transwestern will start work in Q1 on twin 14-story buildings in the Energy Corridor as part of its new benchmark, $1 billion of assets under construction or planned.