The City of New Haven is pleased to announce the selection of Northland Investment Corporation as the preferred developer for the former Coliseum site. The site is a 4.5-acre surface parking lot located on the southern end of the Ninth Square neighborhood in downtown New Haven which is bounded by North Frontage Road, State Street, George Street, and South Orange Street. The City will enter into negotiations with this developer for the period of time...
Griffin Land & Nurseries, Inc. announced that its real estate division, Griffin Land, had signed a lease agreement with an affiliate of Raymour and Flanigan to lease Griffin Land’s 308,000 square foot warehouse in Manchester, Connecticut. The lease is for a term of seven years. In addition to other customary terms, the lease agreement includes an option, with certain conditions, exercisable by Griffin Land, for Griffin Land to sell the...
In the UAE’s crowded real-estate market, VIP Waterfront is carving a niche for itself, selectively catering to an exclusive clientele that understands and appreciates royal standards of living. With a team of highly qualified, dedicated professionals experienced in the real-estate markets of Europe and USA, VIP Waterfront has now turned towards the UAE with a fresh perspective on indulgence, the property market, and some prime, luxury real estate...
The Boston and Dallas offices of HFF (Holliday Fenoglio Fowler, L.P.) announced that they arranged a $90 million construction loan for the development of Archstone Avenir, a 241-unit multifamily community in Boston, Massachusetts. HFF executive managing director Jody Thornton, director Anthony Cutone and associate director John Ahmed worked exclusively on behalf of Archstone to secure the 36-month construction loan through NEBF Investments (National...
To expand the capabilities of its independent controls contractor channel, Siemens Building Technologies, Inc. is introducing a new version of TALON building automation based on the versatile, open BACnet protocol. With BACnet, TALON controls offer advanced integration capabilities and a comprehensive set of tools to ease the design, installation and commissioning that today’s building controls contractors need to tackle the most sophisticated...
A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc., has sold Boardwalk Shopping Center – a 184,600 square-foot retail center on 21 acres in Round Rock, Texas – to affiliates of Gemini Real Estate Advisors, LLC. The transaction closed August 21st. A&B Properties will invest a portion of the proceeds in a previously acquired logistics warehouse facility in Savannah, Georgia, with the balance to be reinvested...
The Locke Acquisition Group LLC announced today that it represented Sovran Self Storage, Inc. in its acquisition of Hendry Investments Inc.’s 21 self storage facilities operated under the trade name Lock-N-Key. Sovran Self Storage is a Real Estate Investment Trust listed on the NYSE under the symbol SSS. Sovran will operate the properties under its brand: Uncle Bob’s Self Storage. The portfolio, valued at $143 million, was acquired by Sovran through...
Tired of painting your guardrail? The Ideal Shield® Protective Guardrail System eliminates the need for costly scraping and painting of guardrail. Made of schedule 80 and schedule 40 pipe sleeved in OSHA Yellow ¼” high-density polyethylene thermoplastic (HDPE) tube, our guardrail is the strongest on the market.
India has been one of the buzzwords in the machine tool industry for the past month or so as a number of new investments have been announced. These investments include investment plans of at least eight international companies in the industry. According to a report by Indian business daily Business Standard, the US-headquartered MAG Industrial Automation Systems has set up a subsidiary, while Heller from Germany, and MAUS and Rosa Ermando from Italy,...