News
East Baltimore Mixed-Use Project Takes Another Step Forward
A long-vacant industrial property in East Baltimore is getting a new chance at life.
International: InterContinental to Tower over Montreal
Growth in Canada is a priority for InterContinental Hotels Group.
Vintage Buildings to Be Reborn as Hotels
Developers plan to bring two new hotels to the Cincinnati area. Both will be located in the city’s downtown.
Milpitas Refi Points To Industrial Surge
Even if you had no knowledge of the fact that Milpitas is set to have a growing industrial market, you’d get a hint from the fact that Stephens & Stephens, LLC is refinancing a Class B R&D asset it owns in the area. The Milpitas R&D market’s has been dipping in terms of availability rates and vacancy number over the past few quarters. Colliers International noted that industrial activity in the sector was accelerated during the first quarter, besting last year’s fourth quarter numbers fivefold.
GIX Move to Spring District Cements Puget Sound as Tech Hotspot
The Microsoft-backed Global Innovation Exchange is officially moving to Bellevue, in the under-development Spring District. What a difference a few months makes. Back in April, Bellevue’s position as one of the tech reference points in the Puget Sound area was waning in the wake of Expedia’s announcement that it will move to a Seattle office campus. Now Bellevue has been announced as the future home of the GIX, a venture between the University of Washington and China-based Tsinghua University.
JBG Plans Big in D.C.
JBG’s plans for D.C. keep getting bigger and bigger. Its most recent project is one of the largest residential developments in recent years, in the District. It is also seen as an important element in the revitalization of the southern part of the Eckington neighborhood.
Out-Of-Town Buyers Snap Up M-F Assets
More Richmond-area apartments have changed hands in the past few weeks. The Coliseum Lofts and the Huguenot Apartments have both been sold to out-of-town investors.
Masonic Heritage Center Depicts Freemasonry in Bloomington
Minnesota Masonic Charities, one of the largest grant-making organizations in the North Star State has announced the start of construction on a brand new Masonic Heritage Center in Bloomington.
Buyers’ Interest in Airport-Area Assets Gains Altitude
Two distribution centers changed ownership in Airport Industrial Park of Orlando, west of the Orlando International Airport.
2 High-Performance Assets Attract M-F Buyers
Undoubtedly, multi-family investors and developers are increasingly active lately in Orlando and we just got the news about two acquisitions that took place recently.