Cities
D.C.’s Capitol Plaza Sells for $150M to Principal Real Estate Investors
One of the brightest spots in D.C., the NoMa district, has just seen its Capitol Plaza office building change hands to Principal Real Estate Investors, L.L.C., for $149.5 million.
Transwestern’s Management Portfolio Increases by 1.6 MSF with Sumitomo Deal
Transwestern has increased its management responsibilities by approximately 1.6 million square feet after being chosen by Sumitomo to act as exclusive property manager.
Barrio Logan Neighborhood Close to Completing Mixed-Use Residential and Commercial Project
By Gabriel Circiog, Associate Editor
Located south of downtown, the working-class neighborhood Barrio Logan is getting close to completing a $58 million mixed-use residential and commercial project aimed at Hispanic shoppers. The New York Times informs that the development has entered […]
Black & Veatch LEED World Headquarters Renovation and Expansion Approved; Park Place Development Adds Two New Office Buildings
By Gabriel Circiog, Associate Editor
The Overland Park Planning Commission has approved the initial renovation and expansion plans for the world headquarters of Black & Veatch located at 114th Street and Lamar Avenue. Black & Veatch is the area’s 12th-largest private-sector […]
American Campus Communities Starts Construction on Two $80 Million Student Projects
By Camelia Bulea, Associate Editor
American Campus Communities is currently working on a series of housing projects totaling $262 million. According to a press release issued by the Austin-based residential developer and manager, the company recently began construction on two university […]
Wright Masterpiece Trades; Developers Upbeat on Office, Industrial Outlook
By Alex Girda, Associate Editor
In the wake of the recent spike in transaction volume enjoyed by the Los Angeles luxury residential market, an architectural masterpiece has taken the spotlight. Ennis House, a 1924 hilltop residence in the city’s Los Feliz […]
Station Park Development Ready to Boost Farmington Economy
By Gabriel Circiog, Associate Editor
The Station Park development in Farmington is back on track and growing after it came to a standstill in 2007 due to the economic recession. According to Deseret News, almost all the retail space is already […]
New Owner for Landmark Interurban Building; House of Blues to Follow
By Georgiana Mihaila, Associate Editor
This month’s Dallas County foreclosure auction brought a new owner for the downtown landmark Interurban Building. A California investor affiliated with Bridge Partners paid $11.5 million for the 95-year-old red brick building. Constructed in 1916, the […]
EastGroup Breaks Ground on $10M Thousand Oaks Office Complex
By Camelia Bulea, Associate Editor
EastGroup announced plans to break ground on a nearly $10 million office development project. The 109,000 square feet of multi-tenant office space will be located in North Central San Antonio and will consist of two buildings, […]
South Lake Union’s Surge Fuels Falling Office Vacancy
By Alex Girda, Associate Editor
So many technology firms have flocked to Seattle’s South Lake Union neighborhood of late that tracking them is now a distinct challenge. In a sign of the times, Kidder Matthews senior vice presidents Bill Neil and […]