Cities
Legal Dispute Over O.C. Fairgrounds Stalls Sale; Kennedy Wilson Buys Office Properties
By Alex Girda, Associate Editor
If Southern California seemed like it was lacking a good legal drama, the real estate sector stepped up to the plate recently with the state appeals court’s ruling on the sale process for the Orange County […]
Thomas Properties Group Sells Office Space in Research Park Plaza
By Camelia Bulea, Associate Editor
In 2007 Thomas Properties Group purchased Research Park Plaza from Blackstone Real Estate Advisors as part of a $1.15 billion bulk aquisition, Thomas’ largest acquisition ever, as well as the largest commercial real estate deal in […]
New Medical Facilities to Open in DFW Metroplex
By Georgiana Mihaila, Associate Editor
On Wednesday, June 22, the Metrolex’s Southlake submarket will become home to a new medical complex. The $21 million Southlake Specialty Care Center is designed to offer outpatient pediatric specialties, lab services and physical rehabilitation.
The 34,000-square-foot […]
Mitsubishi Nuclear Energy Systems and GrowGreen Power Commit to Hiring
By Amalia Otet, Associate Editor
Charlotte is more appealing than ever to investors inside and outside the US. It boasts some of the best performing markets, a talented workforce and eager consumers, not to mention an under-valued real estate market.
Home to […]
Chicago Cubs Select Phoenix for Spring Training Facility; Gray Development Plans Luxury Apartments
By Alex Girda, Associate Editor
It’s been an average week for Phoenix real estate news, as there was no major development news or massive deal discussed in the press dedicated to the sector, but that doesn’t mean that there wasn’t anything […]
South Lake Union Targeted in Historic Redevelopment, Green Technology
By Alex Girda, Associate Editor
Seattle heavyweight Vulcan Inc. continues to lead the market in advancements, this time heading the green charge. The Seattle Post-Intelligencer reports that Vulcan will install 24 electric-vehicle charging stations throughout the developer’s South Lake Union urban […]
NoBe Bay Condos Get New Owners; Resorts World Miami Selects Arquitectonica
By Georgiana Mihaila, Associate Editor
The partially finished waterfront condominium tower NoBe Bay has been monopolizing headlines since last week when it changed ownership. A joint venture formed by 13th Floor Investments and Key International has successfully closed the deal on […]
NRP, Balfour to Construct $30 Million Mixed-Use Facility for Alamo Colleges
By Camelia Bulea, Associate Editor
NRP Group L.L.C. and Balfour Beatty Capital have been hired to construct a mixed-use development for the Alamo Colleges.
The development plan is expected to cost $30 million and will add 215 student housing units, a 1,000-space […]
Residential and Office Space Thrive in the Bronx
By Veronica Grecu, Associate Editor
Two five-story buildings located on Bryant Avenue in the Bronx have been granted a $600,000 pre-development loan for urgent building repairs. Crain’s New York Business reports that the buildings, totaling 99 units, had 1,631 housing code […]
Real Estate Market Still Slow Despite Incentives
By Veronica Grecu, Associate Editor
With only 25 percent of approvals granted to the recently approved low-income housing development on Madison Street, two Oak Park developers are now trying to find alternative ways to gather funds for their $15 million redevelopment […]