News
Tryko Partners Busy in Greater Baltimore
By Adrian Maties, Associate Editor
Tryko Partners, LLC, a New Jersey private equity real estate group, has been very active in the multifamily market in the Baltimore Metropolitan Area in the past few weeks. The company has acquired two properties, Aberdeen’s […]
Alter+Care to Develop Wellness Plaza at Florida Hospital Wesley Chapel
The yet-to-be-completed Florida Hospital Wesley Chapel Medical Center will soon have a new neighbor, as Alter+Care is currently developing an adjacent 100,000-square-foot, three-story medical office and wellness facility: Wellness Plaza at Florida Hospital Wesley Chapel.
Chapel Hill Approves New Downtown Apartment Complex
by Adriana Pop, Associate Editor
The Town Council in Chapel Hill unanimously approved the construction of Shortbread Lofts, an 85-unit apartment complex on West Rosemary Street.
The development takes advantage of the strength of the Chapel Hill apartment market, which is experiencing […]
Authority to Review OliverMcMillan’s $200M Kakaako Tower
by Adriana Pop, Associate Editor
The Hawaii Community Development Authority has scheduled a public hearing to discuss the orientation of OliverMcMillan’s 40-story Symphony tower in Kakaako.
The $200-million, 407-unit, mixed-use condominium high-rise will be located at the corner of Kapiolani Boulevard and Ward Avenue […]
Strong Demand Drives More Plans for Woodlands
By Georgiana Mihaila, Associate Editor
Currently the second-best-selling master-planned community in Texas and No. 4 nationwide, The Woodlands has gradually become home to more than 1,700 employers, including 100 major companies. More than 47,000 employees work in the 28,000-acre community 27 miles north […]
Donohoe to Start Work on Gallery of Bethesda
By Adrian Maties, Asscoiate Editor
Donohoe Construction Co. and Donohoe Development will start construction this month on the first phase of the Woodmont Central plan. Known as the “Gallery of Bethesda,” the residential and retail project will replace older commercial offices […]
Dees Stribling's Economy Watch Weekly
February was a good month for hiring new workers. CPE‘s economic analyst, Dees Stribling, gives his podcast for the week ending March 9, 2012.
Vulcan Moves Ahead on Cascade, South Lake Union Projects
By Alex Girda, Associate Editor
Making the latest additions to its prolific Seattle development portfolio, Vulcan Real Estate recently kicked off construction of two major residential projects and the conversion of an historic building.
Last month Vulcan broke ground on Stack House (pictured below), a 278-unit residential complex that will occupy an entire block in the Cascade neighborhood. Named […]
USAA Picks Moreno Valley for 500,000-SF Distribution Center
By Alex Girda, Associate Editor Seeking to capitalize on the Inland Empire’s robust growth, USAA Real Estate Co. recently acquired a 26-acre site in Moreno Valley for a 522,722-square-foot distribution center. USAA did not immediately disclose details about prospective tenants or a construction schedule for the property, dubbed Centerpointe Logistics Center, but it referred to plans for “immediate […]
Vornado Refis NYC's 100 W. 33rd for $325M
Vornado Realty Trust’s flurry of activity in Manhattan continues as the REIT wraps up the refinancing of 100 West 33rd St., a mixed-use office property encompassing 1.1 million square feet. The transaction marks the completion of Vornado’s third Manhattan refinancing deal this year.