Mexico Alive Announces Sian Ka’an Golf Resort & Spa

Mexico-based sales and marketing company Mexico Alive, in conjunction with Condo Hotel GBP and the popular hotel operator Grand Bahia Principe announced plans to develop the Sian Ka’an Golf Resort & Spa in the Mayan Riviera. The new luxury development will follow the condo-hotel model that has been gaining in popularity in Mexico tourism regions and will soon be selling with pre-construction pricing. Residents of the 300-unit Sian Ka’an Golf... 

Ski-in, Ski-out Crystal Peak Lodge Becomes Luxurious Cornerstone of Breckenridge Resort’s New Peak 7 Base Village

One of the most popular ski and snowboard resorts in North America, Breckenridge Resort, Colo., is unveiling a new base village area this winter that features luxurious ski-in, ski-out accommodations and skier services. The Crystal Peak Lodge, opening today, is the centerpiece of Breckenridge Ski Resort’s new Peak 7 base village, which features a Mediterranean-themed dining experience at Sevens restaurant, a ski and ride school, a rental and... 

Homebuilder, REIT shares tumble as recession spreads

The shares of big U.S. homebuilders and real estate companies alike slumped on Wednesday as housing starts fell to a record low and concerns spread the commercial real estate market is going the way of residential. The benchmark MSCI U.S. REIT index was down 7.6 percent in midday trading compared with a 3.4 percent drop in the S&P 500 (^SPX – News). Homebuilders shares, as measured by the Dow Jones U.S. Home Builders index (DJI:^DJUSHB... 

Normandy Real Estate Partners Sells Quincy Crossing in Arlington, Virginia

Normandy Real Estate Partners, one of the largest real estate owners and operators in the Boston to Washington corridor, today announced that it has completed the sale of Quincy Crossing to Guardian Life Insurance Company for $55,500,000. Quincy Crossing is a 110,900 square foot Class A office building prominently located in the Rosslyn Ballston Corridor. Normandy will remain property manager for Guardian Life. Cassidy & Pinkard Colliers represented... 

Tebodin wins contract for the world’s largest fire fighting training center in Qatar

Tebodin Consultants & Engineers has won the contract for the design (consultancy services and detail engineering) of the Ras Laffan Emergency & Safety College in Quatar. This will be the world’s largest training center for fire fighting and rescue teams. The project is an initiative of Qatar Petroleum (QP), the largest oil and gas operator in Qatar. Tebodin’s offices in Abu Dhabi, Qatar and India (Tebodin Middle East) were awarded... 

Maguire Properties Signs Approximately 100,000 Square Feet Lease with Hyundai

Maguire Properties, Inc., a Southern California-focused real estate investment trust, announced today it has executed a new lease for Hyundai Motor Finance Company for approximately 100,000 square feet in the 3161 Michelson building in Park Place in Orange County, California. Hyundai is expected to occupy its new space in second quarter of 2009. Designed by architect Richard Keating, the 3161 Michelson project is an architecturally significant, 20-story... 

St. Regis Makes the Next Stop on Its Global Expedition with the Opening of the St. Regis Bali Resort

Starwood Hotels & Resorts Worldwide, Inc. announces the opening of The St. Regis Bali Resort, located in Nusa Dua, an elite beach enclave on the Southern tip of Bali. Offering an unrivaled dimension of luxury, bespoke service and refined elegance at one of the best addresses in the world, The St. Regis Bali Resort features 79 luxurious, oversized suites, 42 private villas and two exclusive Residences, as well as world-class restaurants and bars,... 

New and improved walk-behind battery burnisher from Nilfisk

Nilfisk-Advance, the global leader in professional cleaning equipment, announces the introduction of its model UHB 51-1500 walk-behind battery burnisher. This powered traction burnisher includes a number of new and improved features and a new, modernised design. According to a company spokesperson, these upgrades significantly improve performance and offer substantial productivity savings. Amongst the features mentioned by the company are the self-regulating... 

Advanced Data Centers Introduces Industry’s First LEED Platinum Pre-Certified Data Center

Advanced Data Centers (ADC), a leading owner and developer of corporate data centers, announced today that its McClellan Park data center has received Platinum Pre-Certification from the U.S. Green Building Council under the LEED® Green Building Rating System(TM). The McClellan Park facility, located in Sacramento, California, is the industry’s first and only LEED Platinum pre-certified data center. The Leadership in Energy and Environmental...