News
Butler Burgher Group in Expansion Mode
Butler Burgher Group has made a move that strengthens its status as one of the four largest commercial real estate valuation and consulting firms in the country, and creates a vital footprint for the company in metropolitan New York.
Trammell Crow, Artis REIT Announce New Industrial Business Park
Dallas-based Trammell Crow Co. and Artis REIT announced recently that they closed on the acquisition of two land tracts in Missouri City, TX, where the companies plan to develop Park8Ninety, a new, Class A industrial business park.
Behringer Announces HQ Relocation Plans
After executing a 10-year lease at their current HQ at One Addison Circle, Behringer renewed its commitment to the city by announcing plans to relocate to the Tollway Center, a 200,000-square-foot office building in Addison. The multi-strategy investment firm was assisted in its search by JLL and expects to make the relocation by the third quarter of 2016.
PREIT Buys Springfield Town Center for $465M
Pennsylvania Real Estate Investment Trust has finally completed its planned acquisition of the Springfield Town Center in Springfield, Virginia. The newly-redeveloped property changed hands for an impressive $465 million. Vornado Realty Trust was the seller.
Construction of Highly Anticipated Detroit Apartments to Begin June 11
One of Detroit’s most anticipated residential projects will finally break ground this summer, more than ten years since the first architectural renderings were sketched.
$26M Mixed-Income Housing Project Coming to Larimer and East Liberty
Pittsburgh’s Urban Redevelopment Authority is set to approve the construction of an 85-unit residential complex in an economically depressed area of Larimer Avenue and East Liberty Boulevard.
New Giarratana Apartment Tower Secures $60M of Total $150M Cost
505, high-profile Nashville developer Tony Giarratana’s newest project is moving forward, having secured $47.5 million in key financing commitments, JLL announced
Economy Watch: Apartment Absorption Outruns Construction in Q1
The development of new apartments nationwide has been nothing if not brisk since the end of the recession, but it does have its ups and downs.
Greystone Closes Sale on Seniors Housing Property in Dallas Area
An age-restricted residential property in Allen, Texas, has come under new ownership.
Seattle’s ‘Twin Toasters’ Pop Up for CBRE Global Investors
CBRE Global Investors is making headlines in Seattle.