News
International: Who Bought Facebook’s European HQs?
A German investor has bought a portfolio dubbed “the most significant” that came on the market in 2014.
Economy Watch: The Quiet Sector
The hotel sector has quietly been gaining a tremendous head of steam.
Architect Shalom Baranes Associates Enters Affordable Housing Niche
The District is about to get even more affordable apartments. This month, developers started work on the Channing E. Phillips Homes, an eight-story building which will bring 56 much needed affordable apartments to the historic Shaw neighborhood.
Carey Watermark Taps John Hardy to Manage Portfolio Repositioning
Carey Watermark Investors has a repositioning program underway
Crescent Puts Tampa on the Hot List
Crescent Communities is building its third apartment project in Tampa, this time in Florida’s largest office location.
International: Zaha Hadid Design Fuels Growth
Acclaimed architect Zaha Hadid has designed the main component of a massive project in Mexico’s third largest city.
W.P. Carey Affiliate Grabs Retail Site in Oslo
W.P. Carey knows a good international retail location when it sees one.
Balfour Beatty, JLL Grow in the Sunbelt
Balfour Beatty Communities has joined JLL Income Property Trust on a purchase that expands the JLL’s apartment portfolio in a mature bedroom town.
O’Hare International Airport to Gain New Intermodal Facility
Chicago’s O’Hare International Airport is going to get a new intermodal facility that will create approximately 3,000 construction jobs and 100 permanent jobs, according to a statement from Mayor Rahm Emanuel’s press office.
Legacy West’s Newest Addition: 14-Story Office Tower
Gaedeke Group is the latest developer to join Legacy West, a 2,700-acre master-planned business park in Plano. The firm plans to break ground in the next two months on One Legacy West, a 14-story, 327,856-square foot office tower. The project will rise on an 11-acre tract located at the southeast corner of Legacy Dr. and Highway 121 and will be 15 minutes away from the DFW Airport and the Addison Executive Airport and 25 minutes away from Downtown Dallas.