News
New Construction Codes to Help D.C. Become Global Sustainability Leader
Washington, D.C. is committed to becoming the greenest and most livable city in the nation, as well as a global leader in sustainability. On Friday, March 28, the city adopted the 2013 D.C. Construction Code. It features some of the most modern, sustainable, and energy- and water-efficient building practices.
Starwood Hotels & Resorts to Open 17 New Properties in Latin America
Starwood Hotels & Resorts has unveiled plans to open 17 new hotels in Latin America over the next two years.
Vintage RE Purchases 1 MSF Mall in Atlanta Suburb
Vintage Real Estate has acquired Southlake Mall, a 1 million-square-foot shopping center in the Atlanta suburb of Morrow, Ga.
Constellation Hotels Buys 80% Interest for $240M in InterContinental New York Barclay
Constellation Barclay Holding U.S. has acquired an 80 percent stake in the historic 685-room InterContinental New York Barclay in Manhattan from InterContinental Hotels Group for $240 million.
Deadline Today: 2014 Distinguished Achievement Awards
CPE is now accepting submissions for the 2014 Distinguished Achievement Awards. The awards program, now in its fourth year, recognizes the commercial real estate industry’s most noteworthy properties and transactions. The winners will be selected by a panel of judges representing expertise across commercial real estate disciplines. Finalists will be announced in June on commercialsearch.com/news, and winners will be published in the July issue of Commercial Property Executive. (Read about last year’s winners, profiled in the July 2013 issue.) Can’t make the deadline and have a great deal? Contact editorial director Suzann Silverman at ssilverman@commercialsearch.com/news. To view the submission entry forms,…
Economy Watch: Economy Creates 192K Jobs in March; Non-Manufacturing Sector Expands
The U.S. economy created 192,000 jobs in March. Economic activity in the non-manufacturing sector grew in March for the 50th consecutive month.
Flurry of Investment Sales Ends First Quarter
In yet another productive week for San Diego’s real estate market, a number of deals in sectors ranging from industrial to residential have kept up the frantic pace that seems to have taken over investors on both ends of a transaction.
Albuquerque Opens Public Comment Period for Apartment Development on Uptown Transit Site
The southeast corner of Albuquerque’s Uptown and American Parkway NE, the location of Uptown Transit Center, is this year in the attention of city officials interested in proposals from private developers for a new construction project. The desired development would be a mixed-use combining apartments, commercial space, and parking.
Gallery: MIPIM 2014
CPE associate editor Adriana Pop shares photos from MIPIM 2014. Be sure to catch up on her written coverage of the event!
CBRE to Sell Upscale Hotel in Midland Ireland
The Heritage Hotel, just an hour outside of Dublin, is being put up for sale by its current owner, and CBRE Hotels will be carrying out the transaction.






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