Cities
CityCenter Tower Stirring Legal Battle on Strip
By Alex Girda, Associate Editor
The troubled Harmon building has spawned a serious legal dispute between owner MGM Resorts International and CityCenter on one side and general contractor Perini Building Company. The subject of the dispute is the faulty construction of […]
Denver Skyscraper Testing Market Again; More Deals Keep Activity at High Level
By Alex Girda, Associate Editor
What was until recently called the Qwest building is now up for sale, according to The Denver Business Journal. The current owner, Public Service Enterprises Group Inc. of Newark, New Jersey has hired Cushman & […]
New Developments Suggest Improvement in Beantown Economy
By Veronica Grecu, Associate Editor
Judging by the number of developments under construction or preparing to begin, Boston’s economy is finally on a recovery track. The Boston Globe reported that more than 4,000 construction jobs will be created in the coming […]
Hamilton Properties Plans Makeover for Downtown Landmark Complex
By Georgiana Mihaila, Associate Editor
As part of its ambitious plan to redevelop downtown Dallas, Hamilton Properties has taken on the most challenging project yet. The development company plans on converting the vacant Lone Star Gas complex into rental housing. Hamilton […]
New Owner, New Name for The Equitable; 1400 Peachtree Follows
By Georgiana Mihaila, Associate Editor
Big changes are in store for the iconic Equitable building. The 622,000-square-foot skyscraper traded for $19 million this week, becoming Coconut Grove, Fla.-based America’s Capital Partners’ only Atlanta property. The 33-story building, constructed in the 1960s, […]
Walmart Supercenter Makes Third Try for Approval in Face of Landslide, Shutdown of Utah Jazz
By Gabriel Circiog, Associate Editor
Walmart is taking a third swing at obtaining approval for a new supercenter in Salt Lake City. According to The Salt Lake Tribune, the initial zoning change request was rejected by the Salt Lake City Planning […]
KB Home Increases Area Market Share with Purchase of Fieldstone Land Holdings
By Camelia Bulea, Associate Editor
Fieldstone Homes is selling its 623 finished lots and 1,297 future home sites to KB Home, thereby departing the San Antonio market. The properties span 11 communities and will double KB Home’s holdings in San Antonio, […]
Regency Centers Purchases Calhoun Commons Amid Strengthening Retail Market
By Camelia Bulea, Associate Editor
Regency Centers purchased the 66,000-square-foot Calhoun Commons shopping center near Lake Calhoun for $21 million, bringing its portfolio in the Twin Cities to four shopping centers, with a fifth under contract.
Calhoun Commons’ seller, Bloomington-based Doran, built […]
HANO Pursues Public Housing Redevelopment in Iberville
By Amalia Otet, Associate Editor
Public housing redevelopment, always a major issue for New Orleans, grew in importance following Hurricane Katrina. Now, the city has an ally in the Housing Authority of New Orleans in the battle to fight blight.
One of […]
Multifamily Properties Trade Hands in Puget Sound
By Alex Girda, Associate Editor
Multifamily properties have been attracting investor attention in Seattle all year. In the past week alone, three trades took place.
The Puget Sound Business Journal reported on the sale of a 512-unit apartment complex in Mountlake Terrace, […]