Lansing property on Seager St. will house $26.3M facility
Jackson National Life Insurance Co. has purchased property in Lansing for its planned $26.3 million data center. The insurer closed the deal Wednesday. Last week, the Lansing City Council approved $5.5 million in tax incentives for the project.
The incentives still need state approval, said Bob Trezise, [...]
According to a Reuters report, commercial real estate company Capmark Financial may file for chapter 11 bankruptcy imminently.
The company, which listed total debts of approximately $11.4 billion in its May regulatory filing, has long been in discussions to restructure its debt. Current negotiations, which are taking place amongst Capmark, its lenders, bond holders, and the [...]
A gateway to Mayo Clinic for patients from around the region, nation and world
BLOOMINGTON, Minn. — Mayo Clinic announced today that it has signed a letter of intent to be part of the Phase II expansion of Mall of America®. Over the next 12 months, Mayo Clinic will define how the new facility will complement [...]
Properties fetch almost $27 million, nearly 50% over the starting bids.
Two prominent Queens hospital sites were successfully auctioned off on Friday for a total of $26.6 million—50% more than the starting bid—according to CB Richard Ellis Tuesday.
A group led by Brooklyn-based developer Johsua Guttman submitted the winning bid for St. John’s Hospital’s two-acre campus in [...]
For all the talk of a return to politics, former Governor Eliot Spitzer remains ensconced in his family’s muscular real estate business.
Last week, Mr. Spitzer sold a parking garage underneath The Corinthian condomium built by his dad Bernie in 1987. The price: $10.275 million, an apparently handsome deal for the governor-turned-real estate mogul.
This follows his [...]
PITTSBURG, Kan. — The last time a residence hall was constructed at Pittsburg State University, Americans had yet to land on the moon and Lyndon Johnson was president. And the student population was 5,500. That was 1966, when Dellinger Hall opened.
The student population has grown since then, to more than 7,000 this fall, prompting administrators [...]
Onair to put building near new hospital
An Austin-based medical office developer is turning its sights to Kyle just south of Austin.
Onair Development plans to build a 38,000-square-foot building near the Seton Family of Hospitals’ new Seton Medical Center Hays, on a 3.5-acre site off the southeast corner of I-35 and Kyle Crossing. The company said [...]
Safeguard Self Storage expands its presence in the Miami self storage market with the opening of its newest location in Coconut Grove. This self storage facility is Safeguard’s 13th Florida location and offers the Coconut Grove community 398 storage units in a variety of sizes, with modern security features and many amenities.
Miami, FL (PRWEB) October [...]
(Crain’s) — Developer Sean Conlon plans to convert the Plymouth Building downtown into student housing after his firm bought the vintage office structure from a bank that took control of the property in the wake of a failed condominium deal.
Chicago-based Conlon & Co. has drawn up plans to convert the diminutive 11-story building at 417 [...]
Five years ago, a new chief executive came aboard at Loma Linda University Medical Center.
Ruthita Fike helped develop an aggressive plan to expand the hospital beyond its Loma Linda campus.
The first fruits of that labor have been realized about 20 miles to the east.
The Highland Springs Medical Plaza in Beaumont recently began offering services to [...]
