**Cities**
CB Richard Ellis Lists Marquette Plaza for Sale–Again
By Camelia Bulea, Associate Editor
CB Richard Ellis Group Inc. recently offered for sale the Marquette Plaza office building in downtown Minneapolis, long revered as one of the city’s architectural landmarks. The listing did not name an offering price, but the […]
Aurora Entertainment Center Hitting First Bump; Affordable Housing Planned for Denver
By Alex Girda, Associate Editor
The massive entertainment center planned by developer Gaylord in Aurora has been generating a lot of buzz since it was first announced. According to a story in the Denver Post, the necessary land for the project […]
Office Prices Escalate as Vacancies Fall, Rents Rise
By Veronica Grecu, Associate Editor
Office prices in the Washington, D.C., area rose as a result of low vacancy rates and increased rents in the first quarter of 2011, according to Reuters. The District is also attracting global investors striving to […]
New Developer, New Resolution for Trump Tower Tampa
By Georgiana Mihaila, Associate Editor
The vacant land known by many as the Trump Tower Tampa site now has new owners and a new resolution. Both the site and the adjacent CapTrust Building traded for a total of $5 million; they […]
Chevron Expands Downtown Presence with $340M Purchase
By Georgiana Mihaila, Associate Editor
Chevron Corp., the California-based oil giant, has successfully closed the deal on 1400 Smith St. —also known as Four Allen Center—for a reported $340 million. Chevron has been the sole tenant of the 50-story building for […]
Medical Technology Entities Expand–and So Does the Zoo
By Alex Girda, Associate EditorÂ
The Bay Area has been seeing an uptick in medical technology deals. First there was Intuitive Surgical, which, in a three-building transaction, instantly expanded its prospects in the area. The 235,000 square feet it acquired is […]
Recession Still Hitting the Strip, End in Sight, But just Barely
By Alex Girda, Associate Editor
Reports regarding the housing market, one of the most sensitive areas of Las Vegas real estate, seem to indicate that home values in the gaming haven will revert to their peak levels in 20 years. According […]
Mary Howard Health Center Expansion Completed, Newton Athletic Club Follows
By Veronica Grecu, Associate Editor
Last week the Newton Athletic Club broke ground on a $12 million expansion project. According to the plans, the size of the 6,000-square-foot fitness center will double, and new sports facilities will be added to the […]
Dilapidated Buildings in Detroit Redeveloped, Others Demolished
By Veronica Grecu, Associate Editor
The empty David Whitney building, located at 1553 Woodward Ave., might be transformed into a boutique hotel, a one-of-a-kind entity in Detroit. Though the boutique hotels movement started in London in the early 1980s and popular […]
New Rollins Hotel to Support Higher Education
By Georgiana Mihaila, Associate Editor
The new Rollins Hotel, whose construction is scheduled to start this fall, will be much more than a hotel. Named after the patron family that donated the $12.5 million needed for its construction, the Alfond Inn […]