Ambassador Town Center, a joint venture between Stirling Properties and CBL and Associates Properties, will launch construction this month in Lafayette, Louisiana, on a 58-acre site at the corner of Ambassador Caffery Parkway and Kaliste Saloom Road.
Commercial real estate services firm DTZ announced that Cassidy Turley and DTZ are now operating as a single global firm following the completion of the acquisition of Cassidy Turley by the private equity investment consortium backed by TPG Capital, PAG Asia Capital and Ontario Teachers’ Pension Plan.
Top commercial construction trends for 2015 include an increase in retail and restaurant ground-up construction and a rise in shopping mall renovations, according to national general construction firm Englewood Construction.
Dutch specialty fashion retailer Mexx, which operates 800 stores across 55 countries, has retained Gordon Brothers Group and Hilco Merchant Resources to begin going-out-of-business sales at all Mexx retail locations throughout Canada.
With 2014 almost over, the looming question on everyone’s mind, of course, is whether holiday sales managed to live up to the (mostly) positive holiday forecasts from analysts and retail organizations.