Cities

Cleveland’s Historic Arcade Fails to Attract Bidders

By Adrian Maties, Associate Editor
The historic Arcade building in downtown Cleveland hit the auction block last week, after a two-year foreclosure process. Despite the property’s $7.7 million price tag, it failed to attract a single bid.
The landmark property includes a 293-room […]

City Proposed Improvements Linked to Horseshoe Casino

By Adrian Maties, Associate Editor
There may still be some time before the Horseshoe Casino opens in Cincinnati, but its simple presence is enough to have a positive influence and help community development.  On Sept. 6, during the Budget and Finance […]

Accenture Relocates to D.C. from Reston, Investors Snap Up D.C.-Area Properties

By Veronica Grecu, Associate Editor
Global management consulting, technology services and outsourcing company Accenture PLC will relocate its Reston Town Center operations to a new facility located at 800 N. Glebe Road in Arlington. The lease agreement was confirmed this week […]

Manatee High School Gets New $17M Performing Arts Building

By Georgiana Mihaila, Associate Editor
The new Davis Building is now ready to welcome the Manatee High School students. Creative Contractors Inc. has completed the $17 million performing arts facility, which stands on the site of the former 1926 Paul F. […]

Houston Club Building Faces Uncertain Future After Skanska Purchase

By Georgiana Mihaila, Associate Editor
Swedish construction giant Skanska has acquired Downtown’s Houston Club Building for an undisclosed amount. The building has been serving as home to The Houston Club, one of the city’s most prominent organizations, for nearly 60 years.
The […]

Mission Bay Gains Police HQs; Palo Alto Street Named Most Expensive for Office

By Alex Girda, Associate Editor
The city is on its way to getting its first Mission Bay-located civic building. Groundbreaking has recently taken place on a new headquarters for the San Francisco Police Department, which will also house neighborhood police and […]

AREA Scores Again, Takes $40.9M M-F Community in Alexandria, Va.

AREA Property Partners has nabbed the Heritage at Old Town, a 244-unit apartment community in the Old Town section of Alexandria, Va., for $40.9 million.

WRIT Shells Out $73.5M for 233 KSF Suburban D.C. Office

Washington Real Estate Investment Trust continues to fill the gaps with Washington, D.C.-area assets, with the $73.5 million purchase of John Marshall II in Tysons Corner, Va.

Westfield UTC Mall Launches First Phase of $1 Billion Renovation

By Gabriel Circiog, Associate Editor
Westfield Group has launched the first phase of a $1 billion renovation project of the Westfield UTC mall. Signon San Diego reports the project intends to increase the current one million square feet of retail space […]

The Greater Kansas City Chamber of Commerce Announces ‘Big 5′ List

By Gabriel Circiog, Associate Editor
The Greater Kansas City Chamber of Commerce has announced the “Big 5” list of initiatives which will be the focus of the region in the coming years. Last spring the Greater KC Chamber compiled a total […]