News
A&B Buys 4.35-acre Parcel Zoned for Commercial Development
By Liviu Oltean, Associate Editor
A&B Properties Inc. has recently announced the purchase of a 4.35-acre parcel within the 7-acre Gateway at Mililani Mauka Shopping Center complex for $8.2 million.
The tract of land was purchased from Castle & Cooke Properties, which […]
UNC Health Purchases 47 Acres from Blue Cross for $14.25 Million
By Liviu Oltean, Associate Editor
UNC Health recently acquired 47 acres of land from Blue Cross and Blue Shield of North Carolina for $14.25 million.
The tract, located on U.S. 15/501, across Blue Cross and Blue Shield’s Chapel Hill HQ, also includes […]
Dees Stribling's Economy Watch Weekly
Some fairly good news this week, but most importantly no major economic upsets. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Jan. 13, 2012.
MG Properties Group Expands Portfolio; Marcus & Millichap Brokers Sale of Sabre Springs Business Park
By Gabriel Circiog, Associate Editor MG Properties Group has acquired a 168-unit multifamily property in the university district of San Marcos, according to RenTV.com. The property, Barham Villas Apartments, was purchased from New York-based TGM Associates L.P. for an undisclosed amount. The property features a mix of one- , two- and three-bedroom apartments and MG Properties […]
$1.1B Johns Hopkins Hospital Expansion to Open in April
By Adrian Maties, Associate Editor
Johns Hopkins Hospital will open its new $1.1 billion patient care building in April 2012. It is one of the nation’s largest hospital construction projects. Johns Hopkins officials say it will mark the beginning of “a new […]
Boston University Uses BIM Technology to Complete Construction Faster
By Veronica Grecu, Associate Editor
Boston University is trying to speed up the construction of a new student center in Kenmore Square by 10 percent with the help of ultra-modern technology called Building Information Modeling (BIM). BIM design tools can boost […]
Bank of America Plaza Could be Headed for Foreclosure
By Georgiana Mihaila, Associate Editor
According to the Atlanta Business Chronicle, Atlanta’s tallest skyscraper—Bank of America Plaza—is being advertised for a foreclosure sale next month, if a deal is not be reached. Based on an advertisement in Wednesday’s edition of the […]
Carpenter Square Mixed-Use Project Gets the Green Light, Roxborough Project Still Pending Approval
By Veronica Grecu, Associate Editor
The Philadelphia Redevelopment Authority (PRA) selected an affiliate of the Goldenberg Group to build a $6.38 million mixed-use complex on a vacant property located at 1001-1035 S. 17th Street. Once the City Council approves the design […]
WVO Redesigns Its Orlando Campus, Moves Headquarters to Sea Harbor Office Center
By Georgiana Mihaila, Associate Editor
Wyndham Vacation Ownership (WVO), a member of the Wyndham Worldwide family of companies, has signed a 12-year lease for over 230,000 square feet at Sea Harbor Office Center. The move will allow WVO to redesign its […]
Construction to Resume on Woodland Villas Condo Development
By Veronica Grecu, Associate Editor
According to Detroit Free Press, construction on Woodland Villas, a half-finished luxury condo development close to downtown Birmingham, will be resumed this spring. The housing project was originally developed by Ron Hughes, who managed to build […]