Cities
Investors Snag Tampa Apartment Complexes
By Georgiana Mihaila, Associate Editor
Buyers are snapping up apartment complexes in Tampa as Lake Morton, Gables and Doral Oaks all see a change of owners.
The latest transaction comes from Marcus & Millichap Real Estate Investment Services, which announced the successful […]
Philly Is Getting Ready for New Hilton Garden Inn and Other Major Developments
By Veronica Grecu, Associate Editor
During an official event held this Tuesday Mayor Michael Nutter and city officials hinted at some major economic developments that would be announced over the next month. Though no further specific details were revealed, the Philadelphia […]
Quicken Loans-Owned Buildings in Detroit Receive Federal Grant for Energy Efficiency
By Veronica Grecu, Associate Editor
Last week the Detroit Economic Development Corp. approved grants of up to $260,000 in federal tax money for three buildings owned by Dan Gilbert, founder of Quicken Loans. The Detroit News reports that the Dime, the […]
Amway Arena’s Demolition Makes Way for Mini-Metropolis
By Georgiana Mihaila, Associate Editor
The major Creative Village development may finally be one step closer to fruition, as the city of Orlando will be approving the demolition of the Amway Arena next week. According to the Orlando Business Journal, the […]
MGM Cutting Losses by Literally Imploding Harmon Tower
By Alex Girda, Associate Editor
The Harmon Hotel tower has only brought grief to MGM Resorts International and it looks like the company has had enough. Following a number of legal battles which have been discussed in the Las Vegas business […]
Stay-on-the-Map Deals Perfected in Denver
By Alex Girda, Associate Editor
Denver is set to sell another large property in a deal that will further increase the city’s transaction total by over $100 million. According to a post on CoStar News, an affiliate of Walton Street Capital […]
The Urban Redevelopment Authority’s Riverfront Properties
by Liviu Oltean, Associate Editor
The Urban Redevelopment Authority is searching for developers for an important riverfront property between the Rivers Casino and the West End Bridge, the Pittsburgh Business Times reports. In a recent board meeting, URA approved the clearing […]
Spear Street Gets 244 KSF Suburban D.C. Office Building for $64.4M
Acting on behalf of the California State Teachers Retirement System, Clarion Partners sold the asset at 1881 Campus Commons Drive in Reston, Va., to Spear Street Capital for $64.4 million.
“Living Building” Eyed for Fremont; First & Stewart Trades for $30M
By Alex Girda, Associate Editor
Attracting tenants in Seattle’s competitive office market requires owners and developers to raise their games a notch. Sustainable practices are a Seattle trademark, so some developers are seeking new ways to make their properties attractive to […]
Multifamily and Office Deals Ramp up Activity in Metro Phoenix
By Alex Girda, Associate Editor
Cole Real Estate Investments has made yet another major move in the Phoenix-area real estate market with its recent large property purchase. The object of the transaction is the corporate headquarters campus of PetSmart Inc. and […]