News
Parmenter Acquires Tower at Cityplace; KBS Grabs Uptown Office Building
In a $31.35 million deal, KBS Realty Advisors of Newport Beach, California has purchased Highland Park Place, a Class A, 164,011-square-foot office building in the Preston Center submarket of Dallas.
Tanger Outlets National Harbor Finally Open
Shoppers in the Washington, D.C. metro area now have a new retail destination, just in time for the holiday season. On Friday, November 22, Tanger Outlets National Harbor celebrated its grand opening. It will feature 80 popular brand name and designer outlet stores.
2013 Best Practices Index
Our 2013 look at the best practices in commercial real estate highlights those companies that have demonstrated strong performance and strategic growth over the past calendar year, and throughout history.
Podcast: Smart Growth through Best Practices
Jack Kern and Mike Ratliff dive into what is trending in the world of real estate best practices. Topics include smart growth and consolidation within the service industry.
Construction Starts on $80 Million Soundview Housing Project in the Bronx
The first phase of construction at a new affordable housing complex in the Soundview neighborhood of the Bronx began last week.
District Hall Launches in Boston’s Innovation District
Last month the first innovation building officially opened in the heart of Boston’s thriving Innovation District, a newly created “tech neighborhood” in the South Boston waterfront that serves as business incubator, co-working and conference space for startups in the Greater Boston area and public events place.
Lincoln, Phoenix Property Company and Paragon Announce Six New Leases for Runway at Playa Vista
A trio of companies that are currently in charge of the development process for a major Los Angeles retail project recently announced a number of new leasing agreements. Lincoln Property Company, Phoenix Property Company and Paragon Commercial Group have agreed terms with six new tenants for space at their Runway at Playa Vista retail center, currently underway. The property’s tenant roster will add the names Chase Bank, Wells Fargo Bank, Lyfe Kitchen, Panini Café, Hopdoddy Burger Bar and Sol Cocina. According to the developers, an influx of fashion retailers signing leases at the Runway is expected in the near future.
$24M Angelos Medical Pavilion Opens on the Saint Agnes Hospital Campus in Baltimore
NexCore Group LP announced this month it has completed a new outpatient facility on the campus of Saint Agnes Hospital in Baltimore. The project is part of the hospital’s recently completed, $200 million, revitalization and expansion plan.
SkyRise Miami to be Tallest Florida Tower
Berkowitz Development Group Inc. has announced plans to erect SkyRise Miami, which would carry the title of the tallest building in Florida.
Aimco Breaks Ground on $190M M-F Project in Boston
Apartment giant Aimco broke ground late last week on One Canal Street, a $190 million, 12-story apartment building in Boston’s Bulfinch Triangle area.