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Tutor Perini Wins Whopper of a Contract at NYC’s Hudson Yards Project
Tutor Perini has been awarded contracts worth roughly $1.2 billion for the construction of Tower D and The Shops & Restaurants retail complex at New York’s Hudson Yards development.
D.C. Office Building Commands $229M
Spitzer Enterprises shelled out $229 million for a 13-story office building just four blocks away from the White House.
Investment, Occupational Markets Moving Toward Balance, Says JLL
JLL’s latest report suggests that occupational markets will take the driver’s seat across all major global regions and property sectors in 2016.
Demand for Affordable Housing Heats Up
As the renter population grows, it has become increasingly difficult to find affordable housing. A report from the NYU Furman Center and Capital One examines the implications.
Developers, Microsoft Plan $500M Smart City in Northern Virginia
22 Capital Partners is reportedly partnering with Microsoft to develop a $500 million mixed-use project in Northern Virginia.
Colliers Named Leasing Agent for Cleveland’s Medical Mart
Colliers International has been selected to handle leasing operations for the Global Center for Health Innovation in Cleveland.
HFF Orchestrates Financing for Purchase, Transformation of Brooklyn Asset
HFF secured $162 million in financing for the acquisition and conversion of Hall Street Complex in Brooklyn, N.Y., into a creative loft office property.
Major CBRE Units Swap Leaders
Three senior executives shift roles in CBRE Global Investors and Trammell Crow Co.
Design for New Washington Redskins Stadium Revealed
Danish architect Bjarke Ingels has revealed the design for the future Washington Redskins stadium.
OmniTrax Partners on Colossal Industrial Project in Savannah
One of North America’s largest private railroad and transportation management companies has joined forces with the Effingham County IDA to develop a state-of-the-art business park in Savannah.