the Editors of Commercial Property Executive

Bank of America Offices Up For Sale; Charlotte Multifamily on the Rise

By Amalia Otet, Associate Editor
Charlotte-based Bank of America recently announced plans to sell its interest in Hearst Tower and Fifth Third Center, two of the largest office towers in the Queen City, and a third building in New York, 222 […]

Maycrest Urban Redevelopment Plan Gets Green Light; Johns Manville Plans Relocation to Greenwood Village

By Gabriel Circiog, Associate Editor
The Denver City Council has approved the Marycrest Urban Redevelopment Plan submitted by the Denver Urban Renewal Authority, The Denver Business Journal reports. A tax-increment financing district will be created at the site of Marycrest High […]

Residential Projects Planned for South Lamar Face Opposition

By Camelia Bulea, Associate Editor
At least six residential projects are either planned or under construction in the area near South Lamar Boulevard and Barton Springs Road in Austin. The apartment projects are to bring around 1,700 residential units to the […]

Peter Boritz: Put Your Cloud Safety Fears Aside

With the many security challenges that face the internet today, numerous companies have adopted a “Cloud” infrastructure utilizing different SaaS (Software as a Service) technologies.  In the commercial real estate industry sensitive information is being passed via the internet daily including accounting and tenant information.  A common misperception about the “Cloud” is that a company no longer has control over their network and is therefore more susceptible to security risks. Put those ideas to rest!  Because now more than ever our information is secure and protected.  To ease your suspicions, I have broken down these successful security technologies used by…

Record-breaking Price Tag for One World Trade Center

By Veronica Grecu, Associate Editor
One World Trade Center, the building designed to bring new life to Ground Zero in New York City, has recently become the world’s most expensive office tower, reports The Wall Street Journal. The new price tag […]

French Quarter Suites to be Rebranded as Comfort Suites; Plans Move Forward for New Biotech Building at STCC

By Amalia Otet, Associate Editor The French Quarter Suites at Overton Square in midtown is under contract to be purchased by two local businessmen, Rishi Chopra and Jay Kumar, who plan to renovate the vacant facility and brand the new hotel as a Comfort Suites, a member of Choice Hotels. The developers plan to pay […]

$30-million Residential Community Planned for Queen City; Wake Forest Celebrates Opening of Uptown Campus

By Amalia Otet, Associate Editor
Orlando, Fla.-based Global Growth Trust Inc., a real estate investment trust focused on building a portfolio of real estate and real estate-related assets in the United States and abroad, recently announced plans to enter the Charlotte […]

Mixed-Use Project Planned in Highpointe Neighborhood

By Gabriel Circiog, Associate Editor
A new mixed-use project is planned in Denver and construction could begin as soon as the second quarter, according to The Denver Business Journal. The plan envisions a retail center, luxury apartment complex and retirement community […]

Bond Cos. Plans Mixed-Use Project for Roosevelt Road

By Gabriel Circiog, Associate Editor
The Bond Cos., a Chicago-based developer, plans to build a mixed-use project between Canal and Clinton streets just north of Roosevelt Road, according to ChicagoRealEstateDaily.com. The plan calls for around 200,000 square feet of retail space […]

New Hotel Becomes First in Texas to Receive LEED Gold Certification

By Camelia Bulea, Associate Editor
A 112-room Residence Inn by Marriott is currently under construction at the Mueller site, a redevelopment project at Austin’s former airport. Plans call for a four-story hotel building with 3,000 square feet of ground-floor retail space.
A […]