Cities
Chalmette Revitalization Includes New Shopping Destination
By Amalia Otet, Associate Editor
With a rich heritage and eventful history, Chalmette is now pursuing a slow but sure path to economic recovery, as people and businesses return to the blighted neighborhood.
That includes a new shopping destination, which will be […]
Deal of the Year for Denny Triangle Buildings
By Alex Girda, Associate Editor
Seattle is back in a big way. The amount of positive buzz and increased activity that has sparked up since the beginning of fourth quarter 2010 has been confirmed recently with a move for the record […]
Hotel Openings, Reopenings Feature High-Profile Venues
By Alex Girda, Associate Editor
Los Angeles is seeing a host of properties enter – or in the case of some, re-enter – the public service. Hotels are a must-have for one of the United States’ most talked-about and frequented cities, […]
New Rehabilitation Hospital to Open in Beachwood
By Adrian Maties, Associate Editor
University Hospitals and Nashville-based Centerre Healthcare Corp. announced a joint venture to construct a freestanding in-patient rehabilitation hospital in the Cleveland suburb of Beachwood.
The 50,000-square-foot, 40-bed facility will cost $17 million to construct. It will be […]
Cincinnati Home Sales Rise 20% in July
By Adrian Maties, Associate Editor
Sales of single-family homes rose more than 20 percent in July in Greater Cincinnati. It is the first increase in year-over-year activity since sales began to slide in March.
A total of 1,965 homes were sold this […]
MIG Real Estate Expands Portfolio; Renaissance Towne Center Sells for $23.8 Million
By Gabriel Circiog, Associate Editor
MIG Real Estate, a Newport Beach-based real estate investment company has acquired a 367,002-square-foot San Diego office portfolio for $56 million. The portfolio includes five class B office building on 17.83 total acres of land.
The purchase […]
Whiterock REIT Buys U.S. Bank Operations Center in Overland Park
By Gabriel Circiog, Associate Editor
The Toronto-based real estate investment trust Whiterock REIT has purchased the U.S. Bank operations center in Overland Park for $38 million, reports the Kansas City Business Journal. Whiterock will handle tenant management of the fully leased […]
State to replace Canton Viaduct
By Adrian Maties, Associate Editor
The Maryland Transportation Authority (MdTA) plans to replace the heavily deteriorated Canton Viaduct, a mid-1950s elevated roadway. Although the MdTA has at least a half-dozen projects under way at the Harbor Tunnel, Fort McHenry Tunnel and […]
Marriott International Announces Plans for Tallest Hotel in New York
By Veronica Grecu, Associate Editor
One of the most daring real estate developments will take shape at 1717 Broadway at 54th Street in Manhattan. In an official statement released this week, global hotel chain Marriott International and Granite Broadway Development announced […]
New Lives for Jones College Prep Building and Sheraton Hotel
By Veronica Grecu, Associate Editor
The Chicago Journal reports that construction has finally started at Jones College Prep’s new building on South State, on the old Pacific Garden Mission property. The estimated cost for the seven-story facility is $91 million, but […]