News
Spice Company Tastes Expansion in New Hampstead
Fuchs North America is building a new headquarters facility on its 21-acre corporate campus in Hampstead. The company celebrated the groundbreaking for the project on Tuesday, June 23. More than 150 people, including employees, state and local officials, attended the event.
New Housing Community Coming to Loudoun County
A new, massive urban community is coming to Northern Virginia. NVR, Inc. of Pittsburgh, Pa., together with Baltimore-based Atapco Properties and the Claude Moore Charitable Foundation hosted a groundbreaking ceremony on June 18, to celebrate the Westmoore, Loudoun County’s first metro community. Loudoun County Chairman, Scott York, and Broad Run District Supervisor, Shawn Williams, were present at the event.
Green Light for Consolidated Car Rental Complex at Airport
The car rental companies currently scattered around San Antonio International Airport will finally be gathered in one building across the street from the terminals. After a few years of negotiations, the San Antonio City Council has approved the construction of a $163 million Consolidated Rental Car Facility (CONRAC) at the airport.
Ashford Trust Claims Piece of Minneapolis History
An out-of-state investor has scored a major hotel deal in Minneapolis.
Economy Watch: Consumers Go on Spending Spree
Another perk for the economy: Americans decided to go out and spend more of their money in May.
Jobs Fuel Accelerated SLU Multifamily Project
A recently completed land deal indicates that multifamily developer Shea Properties is fast-tracking its first Seattle project. The company just acquired a one-acre site in South Lake Union for a reported $12 million. The transaction was completed with help from Kidder Matthews representatives, the company working on behalf of both Shea Properties, as well as seller Dexter Building LLC.
Berkadia Originates Loan on Smart Money Investment
Judging by one of Berkadia’s recent announcements, if you were to put a wager on the real estate market in College Town, Texas, it better be a wager on student housing.
Overtenanted Frisco Retail Center to Branch Out
Back in 2011, when Whitestone REIT announced that it had closed on the Shops at Starwood in Frisco, a Class A, 55,385-square-foot retail center and on an adjacent 2.73-acre parcel, the REIT had no idea how much of a problem occupancy will be.
Historic Mixed Use Gets an Interior Revamp
A landmark office property in Coral Gables is undergoing a partial makeover.
Pulte Strikes Again in the Lightning Capital
Pulte Homes is preparing a brand new multifamily community in the Riverview suburb, south of Tampa, FL.