Cities
Chevron Expands Downtown Presence with $340M Purchase
By Georgiana Mihaila, Associate Editor
Chevron Corp., the California-based oil giant, has successfully closed the deal on 1400 Smith St. —also known as Four Allen Center—for a reported $340 million. Chevron has been the sole tenant of the 50-story building for […]
Medical Technology Entities Expand–and So Does the Zoo
By Alex Girda, Associate Editor
The Bay Area has been seeing an uptick in medical technology deals. First there was Intuitive Surgical, which, in a three-building transaction, instantly expanded its prospects in the area. The 235,000 square feet it acquired is […]
Recession Still Hitting the Strip, End in Sight, But just Barely
By Alex Girda, Associate Editor
Reports regarding the housing market, one of the most sensitive areas of Las Vegas real estate, seem to indicate that home values in the gaming haven will revert to their peak levels in 20 years. According […]
Mary Howard Health Center Expansion Completed, Newton Athletic Club Follows
By Veronica Grecu, Associate Editor
Last week the Newton Athletic Club broke ground on a $12 million expansion project. According to the plans, the size of the 6,000-square-foot fitness center will double, and new sports facilities will be added to the […]
Dilapidated Buildings in Detroit Redeveloped, Others Demolished
By Veronica Grecu, Associate Editor
The empty David Whitney building, located at 1553 Woodward Ave., might be transformed into a boutique hotel, a one-of-a-kind entity in Detroit. Though the boutique hotels movement started in London in the early 1980s and popular […]
New Rollins Hotel to Support Higher Education
By Georgiana Mihaila, Associate Editor
The new Rollins Hotel, whose construction is scheduled to start this fall, will be much more than a hotel. Named after the patron family that donated the $12.5 million needed for its construction, the Alfond Inn […]
Sabey to Build Data Center
The developer and operator has purchased 38 acres of land for the 490,000-square-foot project in the Dulles Technology Corridor, approximately 30 miles northwest of Washington, D.C.
Westgate Center Scrambling to Avoid Foreclosure; Pool Fence Program Reaching Milestone
By Alex Girda, Associate Editor
Glendale’s Westgate City Center is facing foreclosure according to several reports that have popped up in real estate news. The Phoenix Business Journal’s coverage on the matter mentions the fact that the two companies that own […]
Government Center Garage, Downtown Crossing to See New Development
By Veronica Grecu, Associate Editor
Hym Investment Group L.L.C. recently filed an approval request with the Boston Redevelopment Authority for a 2.4 million-square-foot mixed-use development at the Government Center Garage in Downtown Boston. Quoted by the Boston Herald, Hym CEO Thomas […]
MetLife Eyes Citigroup Campus; Oak Properties Buys Garfield Mixed-Use from USAA
By Georgiana Mihaila, Associate Editor
Once the largest corporate facility to get built in the Dallas suburbs, Citigroup’s campus, part of Las Colinas, might soon see a change of owners. According to local real estate brokers and economic development officials, MetLife […]