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San Antonio RE News

Commercial Real Estate Industry News Headlines | Bizjournals.com

Commercial Real Estate news
  • The longtime Sears distribution warehouse and Sears Outlet store at 6th Avenue and Interstate 25 has been sold to a Los Angeles-based real estate fund and Englewood developer for $16.25 million. Arc Capital Partners LLC partnered with Triumph Real Estate Corp. of Englewood to buy and improve the 361,971-square-foot industrial property, which sits on 17,69 acres, is at 701 Osage St., Denver. Triumph plans capital improvements to re-purpose the property as a multi-tenant retail and industrial park,…

  • Denver’s Ross Aviation LLC, which operates fixed-base operations at 20 airports around the country, is being bought by Houston’s Landmark Aviation Inc., part of global asset manager The Carlyle Group. A fixed-base operator, or FOB, provides aeronautical services at airports, such as fueling, aircraft rental and aircraft maintenance. The acquisition is expected to close in the second half of 2014, the two companies said in an announcement Thursday. Terms of the deal were not disclosed. Ross’s…

  • A Chinese restaurant near Aloha Stadium in Honolulu that has been open for more than a decade, is looking for someone to take over its lease, according to the leasing company that is marketing the property. Royal Palace Restaurant in Salt Lake at Stadium Mall, which is home to Ice Palace, the state’s only ice skating rink, has had a couple of different owners during its 10-year run, Vanessa Kop, managing director of Newmark Grubb CBI, told PBN. The 3,000-square-foot restaurant, located at 4510…

  • Winners of the 2014 AIA San Francisco’s Design Awards were announced last night at the annual gala at the SFJAZZ Center with categories that include historic preservation, unbuilt design, energy and sustainability. WRNS Studio, Bohlin Cywinski Jackson, Siegel & Strain Architects, and VeeV Design snagged multiple awards at the ceremony, which was attended by an estimated 150 people. WRNS and PG&E were recognized for its design of Stevens Library at Sacred Heart Schools in Atherton, which…

  • A subsidiary of Alexander & Baldwin and The Nature Conservancy have closed on a $190,000 agreement that will create the largest private nature reserve in Hawaii, nearly doubling the size of the nonprofit’s Waikamoi Preserve in East Maui to about 9,000 acres of rainforest lands, the two entities said Thursday. East Maui Irrigation Co. Ltd.’s 3,721 acres of land shares a seven-mile boundary with the Nature Conservancy’s 5,230-acre Waikamoi Preserve, bringing the total amount of land now under…