Business Specialties

Ground Breaks on $520M Washington Marriott Marquis

Quadrangle Development Corporation and Capstone Development have just kicked off construction of the Washington Marriott Marquis, a 1,175-room property that will serve as the convention center hotel for Washington, D.C.’s 2.3 million square-foot Walter E. Washington Convention Center.

RealTech with Peter Boritz: How Can Augmented Reality Help You?

RDM president Peter Boritz offers insights on CPE’s From the Inside about how Augmented Reality and AR apps can benefit the real estate industry.

Labor Dispute Prompts Ammunitions Manufacturer to Build $100M Facility in Mississippi

Olin Corp., following failed union negotiations with workers, has decided to relocate its Winchester Centerfire Operations–and the accompanying 1,000 jobs–from East Alton, Ill., to Oxford, Miss.

Comcast Negotiates 130,000 SF in South Florida

Having inked three leases in South Florida, Comcast Corp. has lifted the moribund-as-of-late market.

St. Louis Organization Seeks Incentives Approval to Win Yet Another Express Scripts Expansion Project

The St. Louis Economic Development Council has submitted a request to St. Louis County for an incentives package designed to encourage Express Scripts Inc. to build its new $63 million facility in its own backyard.

Salesforce.com Pays $278M to Develop 2 MSF San Francisco HQ

The enterprise cloud computing company has just closed its purchase of 14 acres in the Mission Bay neighborhood.

AOL to Pocket $144.5M from CB Richard Ellis Deal

The Internet services provider will sell its 700,000-square-foot Pacific Corporate Park as well as 22 acres of developable land.

Government Takes LEED Certification Commitment Up a Notch

In an ongoing effort, dictated by President Obama to increase the federal government’s environmental friendliness, the U.S. General Services Administration has raised the sustainability standard for new government-owned real estate by pushing up the minimum requirement for all new building construction from LEED Silver to LEED Gold.

Novartis to Shell Out $600M for Cambridge Research Headquarters Expansion

Cambridge, Massachusetts’ biggest employer is about to get even bigger.

DPR Breaks Ground on 230,000-SF Alta Bates Patient Care Pavilion in Oakland

Slated for completion in early 2014, the $350 million building will house 238 medical/surgical and acute rehabilitation beds.