News
Hollywood Casino Opens at Kansas Speedway
By Gabriel Circiog, Associate Editor The green flag was waved at Kansas Speedway as the Hollywood Casino opened its doors. The new casino was developed and will be operated by Kansas Entertainment LLC, a 50/50 joint venture of Penn Hollywood Kansas Inc., a subsidiary of Penn National Gaming Inc. and Kansas Speedway Development Corporation. The […]
Harbor Point to Host New Constellation Headquarters
By Adrian Maties, Associate Editor
After researching and exploring multiple locations in the last months, Exelon Corporation and Constellation Energy announced they have chosen Harbor East Development Group LLC to build their new waterfront headquarters at Harbor Point. The companies plan […]
Construction to Start on Huge Housing Community in Hillsborough County
The Tampa Bay area is now one step closer to accommodating one of the nation’s largest housing communities, as construction is set to start on Waterset, a huge development in southern Hillsborough County.
CBRE to Handle Management, Leasing for 4.2 MSF Houston Center
By Georgiana Mihaila, Associate Editor
As of the end of January 2012, CBRE Group Inc. assumed property management and leasing responsibilities for the 4.2 million-square-foot Houston Center. The firm, considered to be the world’s largest commercial real estate services firm, was […]
Spyes to Get New Campus in Bethesda
By Adrian Maties, Associate Editor
On Feb. 2, the National Capital Planning Commission approved a master plan for a new $300 million federal intelligence community campus in Bethesda. The project will create about 3,000 jobs.
The U.S. Army Corps of Engineers will […]
Investors and Developers Boost Hospitality Sector in New York City
By Veronica Grecu, Associate Editor
According to Crain’s New York Business, South Carolina-based OTO Development is set to build a new hotel in midtown Manhattan. The company has reached an agreement with the multi-millionaire Brach family to pay $36 million for […]
Miami Heart Institute Trades Owners, Awaits Resolution
By Georgiana Mihaila, Associate Editor
Holliday Fenoglio Fowler recently announced the successful sale of the Miami Heart Institute to Lionheart Capital after years of scouting for a potential buyer. No financial details have been disclosed, but seller Mount Sinai Medical Center […]
Belmont Village Sells for $16.9 Million; Sullivan Branding Moves to the Toyota Center in Downtown
By Amalia Otet, Associate Editor Belmont Village, a Class A senior living community, recently sold for $16.9 million to an affiliate of Ohio-based Health Care REIT Inc. 6605 Quail Hollow Road purchased the three-story senior living center from Texas-based Belmont Village Memphis LLC. The 120-unit complex sits on a 3.8 acre tract and was built […]
Bank of America Offices Up For Sale; Charlotte Multifamily on the Rise
By Amalia Otet, Associate Editor
Charlotte-based Bank of America recently announced plans to sell its interest in Hearst Tower and Fifth Third Center, two of the largest office towers in the Queen City, and a third building in New York, 222 […]
Dees Stribling's Economy Watch Weekly
A foreclosure deal at home, but no Greek debt deal yet. CPE‘s economic analyst, Dees Stribling, gives his podcast for the week ending Feb. 10, 2012.