Mixed-use
Financing in Place for Portland Industrial Property's Transformation
July 18, 2008

An historic Portland warehouse building is on track to evolve into a mixed-use property now that HomeStreet Capital has provided ConoverBond Development with $10 million in financing for the project. Developed in 1923, the vacant General Automotive Building occupies a spot near a new light rail line in the city's Pearl District. While referred to as a single building, the property actually consists of a two-story structure and a three-story structure that will be linked together in the redevelopment process. The finished product will consist of a single five-story structure encompassing 37,000 square feet of office space and 7,500 square feet of ground-level retail space. Fortis Construction Inc. is onboard as contractor and SERA Architects Inc. is behind the design of the project, which will adhere to standards necessary to achieve LEED Silver certification.

 
Recent Mixed-Use Headlines
184-Acre Bioscience Park Breaks Ground on Former Army Site
Sept. 05, 2008
Construction began Wednesday as part of the transformation of the former Fitzsimons Army Medical Center in Aurora, Colo., for the 184-acre business park called Colorado Science + Technology Park at Fitzsimons.
lalive1 L.A. Live Conference Center Topped Out
Aug. 29, 2008
Schuff Steel Co. has topped out the new conference center that is part of the L.A. Live development in Los Angeles. The 27-acre development began with the construction of the Staples Center where the Lakers play, in 2002.
SoCal Lender Kicks Off Another $100M Mortgage Pool Fund
Aug. 28, 2008
Los Angeles-based Wilshire Finance Partners has introduced Wilshire Income Fund II, its second real estate mortgage pool fund. The fund will raise $100 million to make commercial property loans. This time around, however, the company will be able to welcome investors and borrowers from beyond the borders of the State of California.
Demolition Under Way, Groundbreaking Planned for Maryland Mixed-Use
Aug. 25, 2008
Washington Property Co. has begun the demolition for the construction of 1050 Ripley Street, a mixed-use project located in the Ripley District of downtown Silver Spring, Md.
$68M Mixed-Use Redevelopment Project in Dearborn Gets Boost from State
Aug. 22, 2008
Redico Holdings L.L.C., the Southfield, Mich.-based real estate company behind the redevelopment of a former Montgomery Ward department store in East Dearborn, Mich., has gotten a monetary helping hand from the Michigan Economic Development Corp.
 

 

REal Talk with Adam Perrotta-Wednesday
September 03, 2008
By Adam Perrotta, News Writer --While Manhattan's Downtown and Midtown South office submarkets have recently been billed as havens for smaller tenants looking to avoid the sky high rents of Class A Midtown space, such firms may still be able...

Korean Bank Confirms Interest in Buying Lehman Stake
September 03, 2008
By: Gail Kalinoski, Contributing Editor --Buzz about a possible sale of Lehman Brothers escalated today after a top official at state-owned Korea Development Bank confirmed that KDB was trying to form a consortium with private banks to buy a stake...

Sherwood Snaps Up 300,000SF NYC Office for $155M
September 03, 2008
By: Barbra Murray, Contributing Editor --The 307,000-square-foot office building at 370 Lexington Ave. in New York City's Grand Central submarket has come under new ownership, courtesy of a transaction valued at $155 million. Sherwood Equities Inc., acting in a joint...

Africa Israel Sells NYC Assets for $349M
September 03, 2008
By: Dees Stribling, Contributing Correspondent --Africa Israel Investments Ltd., a Yehud, Israel-based company owned by billionaire Lev Leviev that has real estate holdings in Israel, the United States, Russia and other countries, has agreed to sell some of its interests...

Gustav Not as Severe as Katrina
September 03, 2008
By: Scott Baltic, Contributing Edtor --Context is everything, and hurricanes appear to be no exception. Though Hurricane Gustav's impact on the Gulf Coast in Mississippi and Louisiana wasn't a love pat, locals mostly seem grateful that the damage it caused,...

It's All In The Message
August 29, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Top CEOs understand the power, influence, and leverage created by great messaging. Do you ever find yourself sitting back and marveling at those chief executives who always seem to have the right thing...

Do You Have A Bad Attitude?
August 22, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Show me a CEO with a bad attitude and I'll show you a poor leader. While this sounds simple enough at face value, I have consistently found that one of the most often...

Is Family Business a Good Idea?
August 15, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Oh what a conundrum! Family business: Should I, or shouldn't I? In my opinion there really isn't a right or wrong answer to this question. It is simply a matter of personal preference....

What to Do When Marketing Goes Wild
August 08, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Have your company's marketing initiatives wandered astray? Is the proverbial tail starting to wag the dog with respect to your current marketing campaigns? How do you know when marketing is out of control?...

Six Mistakes Real Leaders Avoid
August 01, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --I recently had a reader ask: "Is there a simple test that can be used to quickly determine an executive's leadership ability?" The short answer is yes. There are, in fact, a great...