Archive for September 2011
Healthcare Leads Way to Economic Recovery in New Orleans
By Amalia Otet, Associate Editor
New Orleans is slowly advancing toward becoming a medical hub, with the official opening of the state-funded, $47 million BioInnovation Center.
The new state-of-the-art building is located between the Greater New Orleans Biosciences Economic Development District and […]
Roski, AEG Make Progress on New Stadium Plans
By Alex Girda, Associate Editor
Just when you thought the Southern California stadium madness had come to an end, Ed Roski is coming closer to making the City of Industry the newest contender in the race for a new NFL team […]
Multifamily Market Shines as Office Market’s Summer Sun Sets
By Alex Girda, Associate Editor
Phoenix is following up the summer’s hot office hits with some cool autumn multifamily deals that would provide closure to those that missed out on deals like PetSmart. A new season is upon us, and the […]
HeartLab Signs New Lease in Midtown’s Health-Tech Corridor
By Adrian Maties, Associate Editor
HeartLab, a leading specialty clinical laboratory and disease management company, has signed a 10-year lease for 27,000 square feet at the MidTown Tech Park. The new building, located in Cleveland’s emerging Health-Tech Corridor, was constructed to attract […]
St. Aloysius Awarded $19.5M in Tax Credit Financing for Renovations
By Adrian Maties, Associate Editor
Finance Fund, Consortium America and U.S. Bank have agreed to award the St. Aloysius Orphanage $19.5 million in financing. The provision will help renovate and expand St. Aloysius Orphanage and allow it to enhance its ability […]
St. Pete’s Baywalk Gets New Owner–and Brighter Future?
By Georgiana Mihaila, Associate Editor
Rumors about the high asking price for the onetime crown jewel of downtown St. Petersburg—the BayWalk complex—have come to an end, as developer Bill Edwards has officially become its new owner. CWCapital Asset Management put the […]
Hess Tower Sale Could Set New Record
By Georgiana Mihaila, Associate Editor
As the brand new Hess Tower hits the market; speculation has it that the tower could set a new record for the Houston commercial market. Real estate experts estimate that the 29-story building could fetch as […]
Private Developers and Local Officials Make Up Willoughby Park Missing Funds; 31 Penn Station Tower Sold to Savanna
By Veronica Grecu, Associate Editor
The public park at Willoughby Square in Downtown Brooklyn will receive $8 million from private developers and local officials who teamed up to give a helping hand to this stalled project. According to the Brooklyn Daily […]
Magnolia Homes boasts new community in Collierville
By Amalia Otet, Associate Editor
Collierville emerges once more as one of Memphis’ strongest submarkets as new housing projects are coming to fruition.
Germantown, Tenn.-based Magnolia Homes is currently working on its newest development in the heart of Collierville, called Village Park. […]
Two Chicago-Area Office Buildings to Change Hands
By Veronica Grecu, Associate Editor
ChicagoRealEstateDaily.com reports that Wakefield, Mass.-based Franklin Street Properties is about to close a transaction for a six-story office building located at 909 Davis Street in Downtown Evanston. According to sources familiar with the deal, the sale […]
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