Regions

Prologis Furthers Presence in Japanese Industrial Market with Three New Development Projects

Prologis, a leading owner, operator and developer of industrial real estate recently announced new development projects in Japan, one of the company’s core markets.

Trio of Developers to Bring First Major Luxury Community to Village of Tuckahoe, NY

A joint venture between Mack-Cali subsidiary Roseland, Glen M. Vetromile of Glenco Group and Phil Raffiani of Mirado Properties has announced the ground breaking on a 108-unit luxury mixed-use project on Main Street in the Village of Tuckahoe, N.Y.

Entities Involved in West Africa’s First Green Commercial Building Develop 323KSF Mall In Nigerian Capital

Construction on Jabi Lake Mall, a 323,000-square-foot retail development in Nigeria’s capital Abuja, is well on its way, announced project and development manager Laurus Development Partners.

Economy Watch: FHFA Not Focusing on GSE Wind Down

The new director of the Federal Housing Finance Agency, Melvin L. Watt, used his first major speech at the Brookings Institution to emphasize a change in focus for his agency, which is the conservator of Fannie Mae and Freddie Mac, currently the linchpins of the nation’s residential property finance.

NOAH at Work on Adaptive Reuse in Massachusetts

Work is under way by Neighborhood of Affordable Housing on Sitkowski School Apartments in Webster, Mass.

David Hart Named President of Steinberg

International design firm Steinberg announced partner David Hart its new president, assuming the leadership from current president Rob Steinberg.

TODAY’S DEALS: KRON-TV HQ Sale Paves Way for San Fran Development

NKFC&CCl brokers the sale of KRON Channel 4’s headquarters in San Francisco; a Los Angeles apartment trades hands for $10 million; and Centerline Capital completes a $2 million refinancing in Georgia.

Modern Spaces Heads Up Repositioning and Rebranding Efforts at Former Lower East Side School

Modern Spaces has been tapped as the exclusive rental and marketing agent for the building located at 371 Madison Street in Manhattan’s Lower East Side neighborhood. The building will be repurposed from luxury condos to rentals and will undergo a rebranding campaign.

Crescent Bayshore in Tampa Begins Preleasing

Crescent Bayshore, the only apartment community situated along Tampa’s exclusive Bayshore Blvd., is now in preleasing.

Economy Watch: Retail Sales Eke Out Small April Gain

Retail sales barely budged in April compared with March, according to the Census Bureau.