
While many retailers are contracting or limiting expansion, 7-Eleven is aggressively growing and expects to add more than 200 new stores this year. Plans call for the company to accelerate store development over the next several years through organic growth, acquisitions and its Business Conversion Program. 7-Eleven has a multi-pronged approach to growth that includes in-line, end-cap space in shopping centers, freestanding stores, urban locations...

Towering over the Philadelphia skyline at an amazing 58 stories (975 feet), the city’s new Comcast Center is a high-performance sustainable building, with an abundance of features that will conserve energy and reduce impact on the environment. Designed to receive LEED® certification from the U.S. Green Building Council, Comcast Center uses 40 percent less water than the average office building, and the building’s water fixtures will save more...

Next Century Associates, LLC, a partnership between Los Angeles based real estate investor Michael Rosenfeld and an entity in the D.E. Shaw Group, today unveiled plans for a $2 billion mixed-use project on the 5.75 acre Century Plaza hotel site. The project will feature two soaring towers rising from a grand plaza with a 240 room Five Star hotel and 163 hotel residences, 130 luxury residential condominiums, 100,000 square feet of office, 106,000 square...

The iconic Plaza at the intersection of Central Park South and Fifth Avenue has been selected as the tri-state region’s 2008 Renovation Project of the Year by New York Construction magazine, the authoritative industry monthly published by McGraw-Hill. The publication cited the outstanding three-year, $400 million, lobby-to-roof restoration of the legendary landmark. Miki Naftali, President and CEO of El-Ad Group, owner of the storied castle on the...
Emerald View Properties, a real estate marketing, sales, and consulting firm linking U.S. investors to residential and commercial properties in the UAE, announces the launch of their new office in New York City. Already a highly regarded firm out of Washington, D.C., Emerald View is a team of experts in real estate sales, portfolio investment, REIT management, development, property management, and relocation services. After building a loyal American...
Anne Pasternak, president and creative director of Creative Time, a New York City arts organization that creates unconventional opportunities for artists to activate and engage urban spaces, will be featured at the 2008 Great Cities Speakers Series, 6-7 p.m., Monday, December 1, at the San Jose Repertory Theatre, 101 Paseo De San Antonio. A reception will follow at 7 p.m. to encourage further discussion. This presentation and reception are free to...
The PMI Group, Inc. announced today that it will host an Investor Conference on Thursday, December 4, 2008 from 9:00 a.m. to 12:00 p.m. EST at the Hilton New York in New York City. The purpose of the Investor Conference is for PMI executives to communicate the Company’s strategy and operational highlights to its shareholders. If you are unable to attend the conference, a live webcast of PMI’s presentation will be available at its website...
Pershing Square Capital Management, L.P. announced that it will defer discussions with Target Corporation on a potential real estate transaction until after the new year. On October 29, 2008, Pershing Square outlined a potential transaction in which Target would spin-off what it termed “Target Inflation Protected Real Estate Investment Trust” or TIP REIT, a land-only and facilities services real estate investment trust that would include...
Residents of 27,000 apartments in Aimco housing complexes in 11 states will be able to subscribe to Verizon’s advanced FiOS services by year-end, as the company completes the buildout of its all-fiber-optic network in the complexes. The project, which began last year under an agreement between Verizon and Aimco, will make FiOS ultra-high-sped broadband services available to all the apartments. Residents of apartments situated in areas where...
Primoris Services Corporation one of the largest specialty contractors and engineering companies in the United States, today announced that it is scheduled to present at the FBR Capital Markets Fall Investor Conference. This event will take place at The Grand Hyatt Hotel in New York City. Primoris is scheduled to present on Tuesday, December 2, 2008 at 10:00 AM Eastern Time. The presentation will also be broadcast live and replayed for 90 days over...