News

Miami Gets First LEED-Certified Hotel with 221-Room Hampton Inn & Suites

The Hampton Inn & Suites Miami just got the U.S. Green Building Council’s Leadership in Energy and Environmental Design certification, making it Miami’s first LEED-certified hotel.

Pegasystems Settles into 162 KSF in Cambridge, Mass.

Software firm Pegasystems relocated to its new headquarters, a 162,000-square-foot premier office space at One Rogers St.

Greystone Expands Extensive Bridge Loan Services to Healthcare Sector

Greystone is expanding its bridge loan service to the healthcare sector, especially independent living, assisted living and skilled nursing facilities.

Miami Welcomes First LEED-certified Hotel

The 221-room Hampton Inn & Suites Miami Brickell-Downtown was recently awarded LEED Silver certification by the U.S. Green Building Council, becoming the first LEED-certified hotel within the city of Miami.

Economy Watch: Foreclosure Rates, Trade Deficit, Unemployment Fall; IMF Asks to Ease Up on Euro Debt

Foreclosure rates have fallen in most states, to the lowest number since 2007. The International Monetary Fund urged the German government to be a bit more flexible when imposing austerity measures on Greece, Portugal and Spain. U.S. exports and imports are both down. The trade deficit is up. But unemployment is down.

Capital Associates to Build $30M Employee Housing on Centennial Campus in Raleigh

by Adriana Pop, Associate Editor Cary-based Capital Associates is expected to break ground on The Greens at Centennial Campus, a 292-unit rental project in Southwest Raleigh to house campus employees. According to the NewsObserver, the $30 million complex would include three apartment buildings spread over 10 acres. At the moment, the only residential development at the 1,125-acre […]

Dalfen America Makes Opportunistic Investment in 240,000-Sq.-Ft. Distribution Center

Dalfen America Corp. recently acquired a 240,000-square-foot, Class A distribution center on Jacksonville’s Northside.

Dick’s Sporting Goods Opens 45,000-Sq.-Ft. Las Cruces Store

Dick’s Sporting Goods has opened its first Las Cruces store. Located at 200 North Telshor Blvd., the 45,000-square-foot store is located in a remodeled former Sportsman’s Warehouse, reports the New Mexico Business Weekly. This is the second store under Dick’s name in New Mexico. The company’s first store in the state was launched on Albuquerque’s Westside last year.

NewCourtland LIFE Center Underway for North Philadelphia Seniors

n underutilized brownfield in North Philadelphia is being redeveloped by NewCourtland Elder Services, Inc., a non-profit organization providing community services, into a $5.6 million mixed-use complex for seniors. The event was marked by a groundbreaking ceremony held at the site attended by city officials and local representatives.

Historic Globe Building Embarks On $12.8 Million Redevelopment Project

On Saturday, October 6, Governor Rick Snyder announced a complex plan to revitalize one of Detroit’s gems: the historic Globe Building, formerly known as the Globe Trading Co. Building and the Detroit Dry Dock Engine Works, where young Henry Ford worked as an apprentice.