News

Following Agreement, Solar Plants Begin Construction

Solar power will now be accessible in Kern County, Calif.

David Milgram

Meet Sterling Organization’s New Vice President, Investments for Florida

Milgram comes to Sterling from a stint in New York at Ackman-Ziff.

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.

Cambria Suites Pittsburgh

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.

Morgan Stanley Tower

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?