News
Digital Realty Replicates in Virginia
The expansion of the company in Northern Virginia confirms the emergence of the area as the country’s top data center market.
Choice Hotels Brings Cambria Brand to Philadelphia
Choice Hotels has teamed up with Pearl Properties to develop a new Cambria hotel & suites in Center City.
Manhattan Office Building Commands $115M
The Lower Manhattan building was considered one of the most modern in the area in its heyday in 1901, and a joint venture plans to restore its former glory.
Economy Watch: Inflation Still Fairly Tame; Online Buying Increases
Tamer inflation rates signal changes ahead, while e-commerce is still pocketing the lion’s share of consumer cash.
St. Pete’s Morgan Stanley Tower Reaches Full Occupancy
A 1,700-square-foot lease with Paradise Marketing has brought Morgan Stanley Tower in downtown St. Petersburg to 100 percent occupancy.
McCormick Place Event Center Breaks Ground in Chicago
Windy City officials celebrated the groundbreaking of the $164 million center, which will make up an integral part of the in-progress $841 million McCormick Place Entertainment District.
Economy Watch Weekly: Anticipated Interest Rate Hike Causes Stir
Economy editor Dees Stribling asks, “Have near-zero interest rates been bad for the health of CRE?” and offers insight on the potential economic impacts of an interest rate hike.
Feature: Two Giants Decide Against REIT Structure
Will the decision by Macy’s and McDonald’s to say “no” to the REIT structure make other execs think twice?
New Medical Office Development Prescribed for Pill Hill
Healthcare Realty Trust is proposing a six-story, 133,000-square-foot medical office building on Seattle’s First Hill.
Troubled Hotel near Arden Fair Mall Torn Down
Sacramento Inn & Suites finally falls following problematic few years.