News
Wampold Starts Work On New Hotel in Downtown Baton Rouge
Baton Rouge is getting a new hotel. According to The Greater Baton Rouge Business Report, local real estate developer Mike Wampold has finally broken ground on the redevelopment of the 12-story the old Louisiana National Bank Building at 150 N. Third St., in the city’s downtown. He plans to turn the 88-year-old building into a 146-room hotel.
New Retail Center Coming Soon to Southeast Tucson
Retail options at the Rita Ranch master planned community in Tucson’s southeastern precinct will broaden in the near future as site work has recently begun on a new shopping and restaurant hub. The shopping complex is being built on a 17-acre parcel at the northwest corner of Houghton and Old Vail Roads, across from Houghton Towne Center and approximately 1.5 miles from Interstate 10.
Albuquerque Homebuyers Will Benefit from Wells Fargo’s HomeLIFT Program
Wells Fargo HomeLIFT program is a $4.75 million initiative to increase homeownership under the partnership of Wells Fargo & Company, NeighborWorks America and its affiliate Homestart. Albuquerque is the 33rd market in the country to benefit from it, starting with a free homebuyer event on May 1-2 at the city’s Convention Center.
Griffin Capital Invests in Houston’s Energy Corridor
Griffin Capital has every confidence in the long-term prospects of the Houston economy and real estate market.
Heritage Equity to Build First Brooklyn Spec Office Building in 40 Years
It hasn’t happened in four decades in Brooklyn, N.Y., but it will now.
Tishman Speyer Attracts Chinese Money
Two Chinese insurance companies have chosen a Tishman Speyer project for their first equity investment in the U.S. real estate market.
Avison Young Nabs Largest Lease Assignment in Florida in Years
Avison Young has been awarded what reportedly is the largest office leasing assignment in Florida in recent years.
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.