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Related Beal announces acquisition of 'The Block on Congress' from Fidelity Investments
Related Beal announced today the acquisition of The Block on Congress from Fidelity Investments by the Related Real Estate Recovery Fund. Related Beal will lead the repositioning and serve as property manager of The Block. The Block on Congress is a five-building portfolio consisting of nearly 343,…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About the Related Real Estate Recovery Fund:, The Related Real Estate Recovery Fund closed in January 2012 after raising $825 million in equity commitments – exceeding its $750 million target. It was among the largest U.S. real estate vehicles raised in 2012. Fund investments include diverse properties across the real estate spectrum such as:…, About CBRE/New England:, CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles…
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Plans for joint venture’s development at Brent Cross South approved by Barnet Council
Barnet Council last night [March 17] approved a joint venture to take forward the future development of Brent Cross South, the 180-acre area south of the Brent Cross shopping centre. The new development will sit alongside Hammerson and Standard Life Investments’ redevelopment of Brent Cross…, About Argent Related:, Formed in 2015, Argent Related brings together an extraordinary blend of complementary skills, global access to capital and unrivalled technical and delivery experience. The company leverages a shared expertise in significant urban placemaking as well as Argent’s track record in creating exemplar…, About Re/CRE:, Re is a joint venture between London Borough of Barnet and Capita plc. It provides development and regulatory services to residents in Barnet and the southeast. The company was formed in October 2013. Capita Real Estate is part of one of the U.K.'s leading multidisciplinary consultancies…, About Hammerson and Standard Life (Brent Cross North Partners):, Hammerson and Standard Life Investments will be delivering the transformation of Brent Cross shopping centre into a leading retail, dining and leisure destination. The new centre will have a wider range of shops alongside a fantastic new evening entertainment offer to provide the area with a…
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Boston University selects Related Beal to reimagine Kenmore Square properties
Boston University (BU) announced today that it has selected Related Beal to reimagine nine buildings spanning the north side of Kenmore Square, from 648 Beacon Street to 541 Commonwealth Avenue and 11-19 Deerfield Street. Related Beal will lead the redevelopment efforts. The buildings are being…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages a national real estate platform with expertise across all asset classes and storied local experience in life sciences, commercial and…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed more than 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and…, About Boston University: , Founded in 1839, Boston University is an internationally recognized institution of higher education and research. With more than 33,000 students, it is the fourth-largest independent university in the United States. BU consists of 17 schools and colleges, along with a number of multi-disciplinary…
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Related’s The 78 to be site of planned Discovery Partners Institute
Illinois Governor Bruce Rauner and University of Illinois System President Tim Killeen today unveiled plans for an interdisciplinary public-private research and innovation center known as the Discovery Partners Institute (DPI) at The 78, a mixed-use, master-planned development by Related Midwest.…, About Related Midwest:, Related Midwest, the Chicago office of Related Companies, is the preeminent developer of luxury condominium and rental homes, affordable housing communities and mixed-use properties in Chicago. Recognized for its architecturally significant, market-defining projects and led by industry veterans who…, About Related:, Since 1972, Related has created large-scale, mixed-use developments that pioneer new visions in all aspects of urban life including: Time Warner Center and Hudson Yards, a dynamic new neighborhood, in New York City; The Grand in downtown Los Angeles; and a city defining development in Santa Clara.…
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Related Beal launches Congress Square, the reinvention of an entire city block in Boston’s downtown
Related Beal announced today the launch of Congress Square, formerly known as “The Block on Congress.” Related Beal acquired the properties in 2013 and is repositioning and reinventing the entire city block in the heart of downtown Boston, creating dynamic office space and marquee desirable retail…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About Arrowstreet:, Arrowstreet is an integrated design studio that provides architecture, planning, interior design, and environmental graphics services. The firm is located at 10 Post Office Square, with site lines across Congress Street to the Congress Square project. About JLL: JLL (NYSE: JLL) is a professional…, About CBRE/Grossman Retail Advisors, LLC:, CBRE/Grossman Retail Advisors, LLC (CBRE/GRA) is a joint-venture between CB Richard Ellis – N.E. Partners, LP and Grossman Commercial Real Estate Group, Inc. CBRE/GRA was formed in 2009 to create the premier retail service provider for its clients. CBRE/GRA combines the network and resources of the…
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Argent Related wins Brent Cross South development opportunity
Argent Related today announced it has been formally selected to deliver a 192-acre site at Brent Cross South in partnership with Barnet Council. The site sits immediately south of the Brent Cross Shopping Centre, which will be significantly transformed over the next few years. Argent Related will…, About Argent Related:, Formed in March 2015, Argent Related will pursue and deliver high-quality, intelligently designed, mixed-use and residential developments containing open-market and affordable housing, offices, retail and leisure space, and hotels, with a commitment to sustainable and sensitive development.…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…, About Argent:, Since 1981, Argent has delivered some of the best mixed-use developments in the UK with major commercial, residential, education, cultural and community developments in the country's largest cities. City-scale, mixed use development is our particular strength. It is involved in the full…
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Related Companies announces plans for continued evolution of CityPlace as dynamic downtown destination
Today, Related Urban President and CEO Kenneth A. Himmel announced plans for the continued reimagination of CityPlace into a vibrant downtown district to a crowded room of business owners and community partners as the keynote speaker for an event hosted by the Palm Beach Chamber of Commerce. Himmel…, About Related:, Founded more than 40 years ago, Related Companies is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, fund management, marketing and sales. The company has $50 billion of real estate assets owned or…
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Related California and Deutsche Bank announce closing of $458.5 million construction financing for 1500 Mission Street
Related California and Deutsche Bank today announced they’ve closed on California’s largest-ever construction financing with tax-exempt bonds, totaling $316.8 million, to finance construction costs for its new development at 1500 Mission Street. The tax-exempt bonds will be purchased by Deutsche…, About Related California:, Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California. Since 1989, Related California has undertaken a range of transformational developments from best in class luxury…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…
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