Cities

Atlanta’s Streets of Buckhead Gets New Owner, New Resolution

By Georgiana Mihaila, Associate Editor
Lifeless cranes will no longer stand sentinel over the luxury mixed-use development Streets of Buckhead. After several months of efforts, San Diego-based OliverMcMillan has finally managed to close the deal on the stalled project.
Financial terms have […]

Rents Grow; Homes, Commercial Developments Still Low

By Veronica Grecu, Associate Editor
A new report released by S&P/Case-Shiller Home Price Indices shows that home values for the Boston area dropped by about 1.5 percent in February, for the seventh consecutive month. That is good news for the rental […]

Striking Deals, Breaking Ground in the Emerald City

By Alex Girda, Associate Editor
Seattle has been buzzing with activity in the past week, and it’s not just due to the coffee. Real estate deals have been closing and the city has adopted some new zoning requirements that could pave […]

Transactions Reignite Interest in Phoenix Retail and Office Markets

By Alex Girda, Associate Editor
Phoenix hasn’t exactly been racing out of the recession, but recent headlines point to signs of an escalating market that’s nearing recovery. This is happening with the help of transactions that should reignite interest in the […]

Redevelopment Know-How in NoHo

By Alex Girda, Associate Editor
Los Angeles’ real estate market is on the bounce-back, according to the past week’s news, in particular due to flashy developments and big leases in the downtown area. The major sectors seeing activity have been office and […]

Healthcare Growth Spurt to Expand Atlanta Medical Offerings

By Georgiana Mihaila, Associate Editor
Metro Atlanta’s healthcare real estate market is undergoing a real growth spurt as more medical services are relocated out of the crowded and expensive central hospital settings.
Piedmont Healthcare released plans to build a $23.4 million medical […]

The Rise and Fall of Miami’s Paramount Bay Condo

By Georgiana Mihaila, Associate Editor
The impressive 46-story high-rise that overlooks Biscayne Bay has not even reached completion yet and it’s already facing major challenges. The Paramount Bay Condominium, developed by Royal Palm Development is headed towards an online auction on […]

New Transactions for Chicago’s Industrial and Residential Real Estate Markets

By Veronica Grecu, Associate Editor
Two new industrial transactions have been recently negotiated by Colliers International in the O’Hare market.
The first transaction is a long-term lease at 855 N. Wood Dale Road in Wood Dale for Hegele Logistics LLC. Hegele Logistics […]

Worcester to Get New Medical Center; Green Awards Winners Announced

By Veronica Grecu, Associate Editor
CitySquare II Development Co. is planning to build a new cancer center for Saint Vincent Hospital of Worcester. The project is estimated to cost $21 million, with its opening scheduled for January 2013. Construction is due to begin […]

Brooklyn Will Have New Condos, but Will It Have a Walmart?

By Veronica Grecu, Associate Editor
After several failed attempts to step into the Queens and Staten Island markets, Walmart is now trying to move into the Jamaica Bay neighborhood of Brooklyn, in a retail space at the soon-to-be-expanded Gateway Mall. The […]