News
DLA Piper Leases 175 KSF of Office Space in Chicago’s West Loop
Global law firm with 4,200 lawyers DLA Piper has signed a 175,000-square-foot lease office space at River Point in Chicago’s West Loop area and will relocate its Chicago office.
E.CON Special Report: E-Commerce Users Demand BTS–With Flexibility
As the e-commerce market heats up, industrial developers are scrambling for a piece of the action. That was the word from “The End User’s Perspective” session at NAIOP’s brand-new E.CON e-commerce conference in Phoenix on Thursday.
Washington REIT Buys Army Club Building in DC for $79M
Washington Real Estate Investment Trust continues repositioning its portfolio with the acquisition of The Army Navy Club Building, a Class A office building in Washington, D.C., for $79 million.
Economy Watch: Economy Expands 2.6% in Q3; Pending Home Sales, Initial Unemployment Claims Drop
Real gross domestic product increased at an annualized rate of 2.6 percent in the fourth quarter of 2013. But the Pending Home Sales Index dropped to 93.9 from a downwardly revised 94.7 in January. Also, for the week ending March 22, initial unemployment claims were down by 10,000 from the previous week.
EAH Housing Awarded Contract to Develop New Transit-Oriented Affordable Housing Community in Emeryville
A new affordable housing project is set to near reality after the City of Emeryville announced that it had picked the company that would handle an important project for the community. According to a recently released press statement, Emeryville local authorities have selected EAH Housing, the oldest nonprofit housing management and development organization in the western US. EAH then went on to select the architecture firm that will provide the design for the project, and the developer settled on KTGY Group, Inc.
Governer Pat Quinn Praises 111 West Wacker Drive Development and Workers
As the long awaited 111 West Wacker Drive project gets closer and closer to completion, which is scheduled for this summer, Governor Pat Quinn recently saluted the developers and workers.
RingCentral Inc. Expands Denver Office
San Mateo-headquartered RingCentral Inc. recently announced that the company is expanding its Denver office. The company provides cloud business communications solutions and had opened the Denver office in 2011 to increase sales, technical and customer support personnel as the company expanded nationally.
Live Chat with Transwestern’s Walter Byrd
Join CPE’s live Twitter chat on Thursday, April 10 at 2 p.m. (EST) with Transwestern’s Southeast Managing Director for Agency Leasing: Industrial Walter Byrd, as he discusses free trade zones and industrial real estate. Byrd is recognized as one of the top brokers in the South Florida marketplace. During his career, he and his team have represented some of the largest corporate users in South Florida, have leased properties on behalf of many major institutional owners, and have helped clients purchase and sell assets. Walter serves on the board of directors for Transwestern, and is on the advisory board for the Center of…
Transwestern Enters into JV, Plans Expansion into Mexico
Transwestern Development Co. is expanding its industrial development platform in the United States and Mexico through a joint venture with Chicago-based Ridge Property Trust.
Emaar Launches 300-Unit Luxury M-F Project in Downtown Dubai
Global property developer Emaar Properties PJSC has launched BLVD Crescent, its newest luxury residential project in downtown Dubai.
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