Power Tools for Commercial-Investment Practitioners

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Posted on June 21 at 10:14 AM | Permanent Link | Add a Comment (0) | TrackBacks (0)

Waterpark H2otels USA L.L.C., will develop a "525,000-square-foot water park and condo hotel with meeting facilities in northwest suburban Hoffman Estates, Illinois," according to Commercial Property News. The indoor complex will contain 80,000 square feet of wave, toddler, and activity pools, as well as a rafting river and a water-propelled roller coaster. Tired kids and parents can then sack out at the condotel located on the premises instead of making a grueling trek home. Waterpark H2otels intends to have the park completed by 2008.

Posted on June 13 at 10:13 AM | Permanent Link | Add a Comment (0) | TrackBacks (0)

Mall real-estate investment trust, Mills Corporation, announced that its Meadowlands, New Jersey Xanadu project "will cost more and take longer than its forecast" at the International Council of Shopping Centers annual convention in Las Vegas recently... and they're looking for buyers, too. The 4.8 million-square-foot shopping and entertainment complex has been delayed, in part, due to the REITs recent accounting problems. Upon a recent filing with the Securities and Exchange Commission, Mills said "the internal investigation into its accounting problems will be completed in the 'next month or two'."

Posted on June 9 at 01:49 PM | Permanent Link | Add a Comment (0) | TrackBacks (0)

Welcome to the new "Power Tools for Commercial-Investment Practitioners"! NAR's Information Central will continue to provide information and resources for commercial property specialists on this site, with new features such as reader comments, easier-to-use archives and RSS, and more. Previous posts from the Commercial Power Tools (May 2006 and earlier) are available on Realtor.org at http://www.realtor.org/vlibrary.nsf/PubPages/commpp.

Posted on June 1 at 03:23 PM | Permanent Link | Add a Comment (0) | TrackBacks (0)