Cities
Marcus & Millichap Promotes Mele, Transacts Multi-Family Sales
By Georgiana Mihaila, Associate Editor
This week was a highly active one for the Tampa team of Marcus & Millichap Real Estate Investment Services. The company started by naming Michael Mele first vice president of investments, one of its highest levels […]
Inland Western, McCann Realty Acquire, Feeding Expansionist Goals
By Georgiana Mihaila, Associate Editor
The Sawyer Heights Village shopping center, located just outside the Central Business District in Houston, traded hands this week. The buyer, a joint venture of Inland Western Retail Real Estate Trust Inc. and Canada-based RioCan Real […]
49ers, Folsom Street Development Opportunities Move Forward
By Alex Girda, Associate Editor
The city of San Francisco has actively rekindled its search for an appropriate developer for a housing project in the vicinity of Transbay Terminal. The San Francisco Business Times reports that the city’s Redevelopment Agency is […]
Exclusive: Fannie, Freddie Reform Moving at Sluggish Pace
The focus in Congress for the moment might be the debt ceiling, but not too far in the background the effort to reform Fannie Mae and Freddie Mac chugs along–though not necessarily at a rapid pace.
Philly Welcomes Fresh Giant Food Store, Rehabbed Senior Complex
By Veronica Grecu, Associate Editor
With 47 new locations already opened in Southeastern Pennsylvania over the last few years, Giant Food will finally set foot in Philadelphia. The new 74,000-square-foot store is scheduled to open on July 20 in a former […]
Home Sales Continue to Sink in Metro Detroit; RiverWalk to Inaugurate New Facilities
By Veronica Grecu, Associate Editor
According to a report issued this week by Realcomp II Ltd., a real estate information company headquartered in Farmington Hills, Metro Detroit residential real estate continued to fall for the sixth consecutive month. The report, quoted […]
New Resolutions Underway for ‘Town Center East’ and Rybold Park
By Georgiana Mihaila, Associate Editor
Boyd Development Corporation has teamed up with Dallas-based Stratford Land to acquire 600 acres of property in Horizon West, Orange County, Florida. The property, also known as Town Center East is located in the northeast and […]
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 […]