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Commercial Real Estate Industry News Headlines | Bizjournals.com

Commercial Real Estate news
  • Just over three months after Jacksonville Landing co-owner Toney Sleiman unveiled plans for the Downtown site — that were then shot down — the Jacksonville Downtown Investment Authority is looking to spend up to $100,000 to redesign the Landing. The authority's board voted unanimously Wednesday to solicit requests for qualifications from land planning and design firms that want to work on the 6.6-acre downtown waterfront site. Proposals will be due by the end of January. Up to five candidates…

  • Jim Underhill may have parted ways with New York-based brokerage Cushman & Wakefield Inc., but the former exec isn't planning to just walk off into the sunset or wipe his hands completely of the commercial real estate industry. In case you missed it, I reported Tuesday that Jim Underhill is out as CEO of the Americas for Cushman & Wakefield and has been replaced by John Santora, Underhill's predecessor as well as his successor in the role. As is customary in these kinds of situations, Cushman &…

  • Ala Moana Center, Hawaii's largest shopping mall, is undergoing one of its biggest transformations in its more than 50-year history, which includes adding about 340,000 square feet of new retail space in the former Sears space. The new Ewa wing will include between 65 and 75 new stores, including Hawaii's first Bloomingdale's department store and Nordstrom, which is being relocated from the other end of the mall. A senior director of development for Chicago-based General Growth Properties Inc.…

  • Houston-based Phillips 66 (NYSE: PSX) celebrated the "topping out" of its new headquarters on Dec. 17. The final beam was cautiously placed at the highest level of the tallest tower with a ceremonial 22-foot tree placed on top — coincidentally timed well for the holidays. Phillips 66 will have its own permanent headquarters for the first time since its 2012 spinoff from ConocoPhillips (NYSE: COP) when the two office towers are completed in mid-2016. The topping off construction milestone for the…

  • Chevron Corp.'s (NYSE: CVX) massive land deal was the top story in June, but other top headlines strayed beyond energy and real estate. A major hospital expansion, an effort to fill thousands of jobs, a new pizza chain and a bank's initial public offering also were among the top stories. Click through the slideshow for links to HBJ's top headlines from June 2014. Although they weren't related to a significant news event, two of Houston Business Journal's top-read items in June took readers…