News
Cloud-Computing Company Expedient Completes Data Center Expansion, Announces New Projects
Local cloud-computing company Expedient has recently completed a more than 7,000 square feet expansion of its data center at Allegheny Center Mall in Pittsburgh, which first opened in 2008.
$65M New Nashville Ballpark Breaks Ground
New Nashville Ballpark, the future home of the Nashville Sounds minor league baseball team, has officially broken ground.
Jones Lang LaSalle Tapped to Market 19-Acre Section of The Link
Plans for the development of the single largest piece of vacant property in the heart of Rhode Island’s capital city are moving forward.
BentleyForbes, Del American Establish M-F Development Partnership
Real estate investment firm BentleyForbes has joined forces with apartment developer Del American Real Estate Group to create a new multi-family development company.
Emergency Response: The Changed Mindset at Malls
As the Mall in Columbia reopened after Friday’s shooting, CPE looks at how retail managers and first responders have been working together across the country to deal with what seems to be a growing phenomenon.
GF Management Affiliate Adds Orlando Hotel to its Portfolio
ESLBV Property Owner L.L.C., an affiliate of GF Management, has acquired the 334-room Embassy Suites Orlando-Lake Buena Vista and is planning a $13 million renovation to take place over the next year.
Economy Watch: Home Prices Still Rising on Annual Basis; State Unemployment Rates Edge Down; Residential Delinquencies Drop in ’13
The S&P/Case-Shiller Home Price Indices rose but prices seem to be flattening, regional and state unemployment rates were generally lower in December and the number of U.S. residential loans delinquent increased slightly.
Younan Buys Class A Office Building for $7M; Hansji Urban to Start $80M Marriott Project
In a $7,1 million deal, Woodland Hills, California-based Younan Properties Inc. has acquired Black Canyon Corporate Center, a 94,203-square-foot office property in Phoenix, from REO Asset Manager, John Mitchell, of LNR Partners, as special servicer.
MARKET SNAPSHOT: Demand in Houston Still Strong as Economy Prospers
Strongly supported by a thriving energy sector as well as a robust multi-family industry, Houston’s economy is expected to experience further growth throughout 2014.
Economy Watch Weekly: Good Week for Economy, but Investors Grumpy Anyway
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Jan. 24.
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