Cities
Multi-family Sales, Refinancing Moves in Downtown L.A.
By Alex Girda, Associate Editor
National City Tower is now up for sale, according to a RenTV.com story. The historic adaptive reuse development is a residential building and is now available for purchase at the asking price of $32.8 million. The […]
Construction Starts on $456 Million Scripps Cardiovascular Institute
By Gabriel Circiog, Associate Editor
Scripps Health has started construction on the new $456 million Scripps Cardiovascular Institute that, according to President and CEO Chris Van Gorder on the facility’s official website, is aiming to be the finest cardiovascular institute in the […]
Price Development Group Plans $30 Million Apartment Project
By Gabriel Circiog, Associate Editor
The Regus Group is one of the largest providers of workplace solutions in the world with more than 1,100 Business Centers across 500 cities in 85 countries. They have opened their sixth office suite in the […]
$2.6 Billion Solar Power Initiative Would Provide Energy to 28 States
By Alex Girda, Associate Editor
According to the Phoenix Business Journal, 547,000 square feet of office space was returned to the original developer after Mainspring Capital Group acquired eight buildings at the Pima Center in Scottsdale. The company built the 209-acre […]
Brewers Hill Mixed-Use Project is Eligible for Maryland Green Building Tax Credit Program
By Adrian Maties, Associate Editor
Construction continues in Baltimore with a $120 million multi-stage project meant to redevelop one of the city’s most significant historic brewery complexes, the former National Brewery, which was home to the Gunther, Schaefer and Hamms Labels.
Obrecht […]
Marine Corps Opens New HQs in Federal City, as Algiers Revives
by Amalia Otet, Associate Editor
The Marine Corps Reserve reached a major milestone on June 27, when it hosted the official opening ceremony for its new national headquarters at the old Navy base in Algiers. The 411,000-square-foot, Class A, force-protected office […]
CB Richard Ellis Lists Marquette Plaza for Sale–Again
By Camelia Bulea, Associate Editor
CB Richard Ellis Group Inc. recently offered for sale the Marquette Plaza office building in downtown Minneapolis, long revered as one of the city’s architectural landmarks. The listing did not name an offering price, but the […]
Aurora Entertainment Center Hitting First Bump; Affordable Housing Planned for Denver
By Alex Girda, Associate Editor
The massive entertainment center planned by developer Gaylord in Aurora has been generating a lot of buzz since it was first announced. According to a story in the Denver Post, the necessary land for the project […]
Office Prices Escalate as Vacancies Fall, Rents Rise
By Veronica Grecu, Associate Editor
Office prices in the Washington, D.C., area rose as a result of low vacancy rates and increased rents in the first quarter of 2011, according to Reuters. The District is also attracting global investors striving to […]
New Developer, New Resolution for Trump Tower Tampa
By Georgiana Mihaila, Associate Editor
The vacant land known by many as the Trump Tower Tampa site now has new owners and a new resolution. Both the site and the adjacent CapTrust Building traded for a total of $5 million; they […]