**Cities**
BBPC Hunts for Financing while Empire State Building Turns 80
By Veronica Grecu, Associate Editor
The completion of the 85-acre Brooklyn Bridge Park might be delayed until 2013 for financial reasons. After $233 million spent and more than 20 years of planning, the park is far from being finished. And only […]
Miami Residents Take ’Green’ Building into Their Own Hands
By Georgiana Mihaila, Associate Editor
The current U.S. focus on green building has recently been highlighted by the efforts of several Miami residents and students. A couple from Coconut Grove, for example, intend to lower utility bills by creating their own […]
Atlanta’s Streets of Buckhead Gets New Owner, New Resolution
By Georgiana Mihaila, Associate Editor
Lifeless cranes will no longer stand sentinel over the luxury mixed-use development Streets of Buckhead. After several months of efforts, San Diego-based OliverMcMillan has finally managed to close the deal on the stalled project.
Financial terms have […]
Rents Grow; Homes, Commercial Developments Still Low
By Veronica Grecu, Associate Editor
A new report released by S&P/Case-Shiller Home Price Indices shows that home values for the Boston area dropped by about 1.5 percent in February, for the seventh consecutive month. That is good news for the rental […]
Striking Deals, Breaking Ground in the Emerald City
By Alex Girda, Associate Editor
Seattle has been buzzing with activity in the past week, and it’s not just due to the coffee. Real estate deals have been closing and the city has adopted some new zoning requirements that could pave […]
Transactions Reignite Interest in Phoenix Retail and Office Markets
By Alex Girda, Associate Editor
Phoenix hasn’t exactly been racing out of the recession, but recent headlines point to signs of an escalating market that’s nearing recovery. This is happening with the help of transactions that should reignite interest in the […]
Redevelopment Know-How in NoHo
By Alex Girda, Associate Editor
Los Angeles’ real estate market is on the bounce-back, according to the past week’s news, in particular due to flashy developments and big leases in the downtown area. The major sectors seeing activity have been office and […]
Healthcare Growth Spurt to Expand Atlanta Medical Offerings
By Georgiana Mihaila, Associate Editor
Metro Atlanta’s healthcare real estate market is undergoing a real growth spurt as more medical services are relocated out of the crowded and expensive central hospital settings.
Piedmont Healthcare released plans to build a $23.4 million medical […]
The Rise and Fall of Miami’s Paramount Bay Condo
By Georgiana Mihaila, Associate Editor
The impressive 46-story high-rise that overlooks Biscayne Bay has not even reached completion yet and it’s already facing major challenges. The Paramount Bay Condominium, developed by Royal Palm Development is headed towards an online auction on […]
New Transactions for Chicago’s Industrial and Residential Real Estate Markets
By Veronica Grecu, Associate Editor
Two new industrial transactions have been recently negotiated by Colliers International in the O’Hare market.
The first transaction is a long-term lease at 855 N. Wood Dale Road in Wood Dale for Hegele Logistics LLC. Hegele Logistics […]