News
Parkway’s Fund II Buys The Pointe for $47M
Along with the sale of 111 East Wacker Drive in Chicago and that of Atlanta’s Falls Pointe, Parkway Properties Inc. has announced the purchase of The Pointe in Tampa for $46.9 million.
Talisman, Direct Energy Place Bets on Houston
By Georgiana Mihaila, Associate Editor
With nearly half of its economic activity driven by the energy industry, Houston is living up to its name of “Energy Capital of the World” by landing two more companies.
Talisman Energy USA plans on moving the […]
CBRE Global Investors Markets 300 Massachusetts Ave.
By Adrian Maties, Associate Editor
CBRE Global Investors is marketing 300 Massachusetts Ave., N.W., in an attempt to take advantage of Washington, D.C.’s flourishing apartment sector, “Real Estate Alert” reported. The 371-unit Class A apartment community is expected to attract bids […]
Marcus & Millichap Opens Office in White Plains, N.Y.
It’s not just Manhattan that’s attracting investors to New York, and Marcus & Millichap Real Estate Investment Services has made a move to expand its services in the state with the opening of a new office in White Plains.
Griffin-American REIT II Makes $174M, 11-Property Pickup
Continuing in its quest for “stabilized assets that show cash flow above and beyond rent,” according to president & COO Danny Prosky, the newly minted Griffin-American Healthcare REIT II has made an 11-property pickup for $174 million.
Record-Breaking Historic Redevelopment Moves Forward in Massachusetts
The town of Quincy, Mass., has taken the next step in its future plans. A partnership with the city’s Street-Works Development and The Beal Cos. has committed to drive forward a $1.6 billion redevelopment of Quincy’s Downtown.
CBRE: Manhattan Office Market's Rebound Continues
According to a briefing by CBRE Group, the office sector’s recovery continues to be hit-and-miss around the country, but in the nation’s largest city, 2011 marked another year of steady improvement.
Economy Watch: Homebuilders Perk Up, PPI Remains Stagnant
According to a new survey, homebuilders are starting to feel more optimistic. The Producer Price Index wasn’t expected to move much in December, and it didn’t. And the Greek government is trying to come to terms with bondholders on interest rates.
Menlo Equities Tops List of Orange County's 2011 Industrial Transactions with $47M Buy
In what is being described as Orange County, Calif.’s largest industrial consideration of 2011, Menlo Equities snapped up the Irvine Crossings project, a 420,000-square-foot property, for $47 million.
New Headquarters for Endo Pharmaceuticals in Malvern
By Veronica Grecu, Associate Editor
Chadds Ford-based Endo Pharmaceuticals will relocate to a new headquarters building in Chester County. Designed by L2 Partridge, the 320,000-square-foot facility will be developed by Trammel Crow Co. for IMC Construction on Route 29 in Malvern, […]