the Editors of Commercial Property Executive
New Office Complex Going Up on Pittsburgh International Airport Property in Findlay
Oxford Development Company is planning the construction of up to 100,000 square feet of speculative flex office space in Findlay Township.
Martin Fein Interests Develops 335-Unit Luxury Apartment Complex Near Crabtree Valley Mall in Raleigh
Martin Fein Interests is planning to break ground on a 335-unit luxury apartment complex on the Kidd’s Hill Plaza property behind Crabtree Valley Mall in Raleigh in the next few weeks.
YMCA to Begin Construction on $22M Project at CityWay in Downtown Indianapolis Next Month
The YMCA of Greater Indianapolis will break ground on a new $22 million facility at the CityWay development in downtown Indianapolis next month.
Pittsboro Approves 7,120-Acre Master Plan and Rezoning
In a 4-1 vote, the Pittsboro Board of Commissioners has approved the master plan and rezoning request for the impressive 7,120-acre Chatham Park mixed-use development project proposed by Preston Development Co. of Cary.
Blackstone, Hilton Launch Construction of Timeshare Tower at Hilton Hawaiian Village Waikiki
Blackstone and Hilton Worldwide have celebrated the groundbreaking of a new 418-unit vacation ownership tower at Hilton Hawaiian Village Waikiki Beach Resort in Honolulu.
Herman & Kittle Plans $28M Apartment Complex in Indianapolis; Steadfast Income REIT Acquires 222-unit Multi-Family Community in Fort Wayne
Herman & Kittle Properties Inc. is planning the construction of an apartment complex with 211 units in the Fountain Square area of downtown Indianapolis.
Long-Stalled Skyline Honolulu Residential Project Back on Track
An affiliate of locally-based Form Partners, LLC has revived its plans for Skyline Honolulu, a 140-unit condominium project slated to rise on the slopes of Punchbowl crater in the heart of downtown.
PMC Property, Kimpton Hotels to Convert Iconic 314,000-Sq.-Ft. Reynolds Building to Mixed-Use Upscale Apt. Property; State’s First Craft Beer Incubator Coming to Rocky Mount
The historic art-deco style Reynolds Building in Winston-Salem will once again become the centerpiece of downtown activity, according to Andrew D. Gilchrist, president and chief commercial officer of R.J. Reynolds Tobacco Company.
Phipps Conservatory’s CSL Closer to Becoming City’s First Certified Net Zero Energy ‘Living Building’
Emerging as one of the world’s greenest buildings, the Center for Sustainable Landscapes (CSL) at Phipps Conservatory and Botanical Gardens in Pittsburgh, has recently garnered another landmark achievement, namely the Net Zero Energy Building Certification under the Living Building Challenge.
Phillip Nahas: Development Opportunities in a Maturing Multifamily Sector
There is no denying that multifamily has performed well over the past few years. The recovery of the sector preceded other commercial real estate property types after the most recent financial crisis. The apartment recovery is widely attributed to rental demand resulting directly from downturn issues including employment losses, the desire of the younger generation to have mobility, and a dramatic lack of financing for new home purchases. Multifamily transactional activity has grown in concert with strong overall performance over the past few years. Rental growth has outpaced inflation, which has created enhanced returns to investors, driving more capital into…