**Cities**

KBS Purchases Minnetonka’s Trophy 601 Tower at Carlson Center Office Building

By Camelia Bulea, Associate Editor
 The prestigious 15-story 601 Tower at Carlson Center in Minnetonka, Minn., reached 95 percent occupancy yesterday when KBS Capital Advisors, an affiliate of KBS Realty Advisors, signed a direct lease with Altair Global Relocation for approximately […]

Polaris to Build Housing Plus Mixed-Use for Cleveland State

By Adrian Maties, Associate Editor
Cleveland State University struck a deal with Polaris Real Estate Equities on June 1st that will allow the local developer to build a $50 million, 308-unit housing complex on the north side of the university’s campus.
Polaris […]

Northgate Mall Posts for Sale Out of Foreclosure

By Adrian Maties, Associate Editor
Northgate Mall is finally on the market.
The posting comes more than a year after the bank holding the mortgage filed foreclosure papers against Feldman Mall Properties, the mall’s owner. New York real estate firm Rockwood Real […]

Collier Commons Changes Hands; Towers of Channelside Celebrates Full Occupancy

By Georgiana Mihaila, Associate Editor
In what is notably the largest recent transaction to hold the headlines in Tampa, the Collier Commons Shopping Center sold to Lakeland-based Publix Supermarkets for the amount of $28 million. The sale was annoucned by the […]

2011 to Top Deal Charts, While Developers Foresee Gold in 2012 Treasure Island Housing Project

By Alex Girda, Associate Editor
San Francisco has had its fair share of great news this past week with a series of encouraging statistics as well as bold plans for future housing solutions in the Bay Area.
The week shot off with […]

Apartment Development Spree Could Drive Up Rents–or Lead to Overbuilding

By Veronica Grecu, Associate Editor
A recent report from research firm Delta Associates observed that Washington, D.C., has been enjoying an amazing construction spree. According to the report, builders raised 4,400 new units in the District in the second half of […]

Redstone, Hines Bet Big on Uptown Houston

By Georgiana Mihaila, Associate Editor
Hines has announced the estimated starting date for an Uptown luxury apartment complex that exemplifies its efforts to expand its multifamily business nationwide. The locally based national real estate developer first announced intentions at the beginning […]

No Business, As Usual

By Alex Girda, Associate Editor
There was no major news recorded in the real estate sector for the city of Las Vegas this past week, but previous reports of the continued downturn haven’t been proven wrong by market realities. After mildly […]

United Properties will Develop Aerospace and Clean Energy Facility on Loveland Site

By Alex Girda, Associate Editor
Making Denver real estate headlines this past week was the selection process for the redevelopment of a Loveland site slated for conversion to a high-tech manufacturing plant for NASA. The story was reported by both The […]

Green Developments and Urban Gardens Boom in Philadelphia

By Veronica Grecu, Associate Editor
During a tree planting event that was held last week at Philadelphia’s Navy Yard Corporate Center, GlaxoSmithKline and Liberty Property Trust/Synterra Partners inaugurated a new 205,000-sq.-ft., environmentally friendly building.
As reported by Citybizlist.com, Deirdre Connelly, president of […]