News
Dees Stribling's Economy Watch Weekly
A surprising round of good news ahead of the holidays. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Dec. 23, 2011.
Redevelopment Authority Sells Fifth and Forbes Lots to Millcraft for $2.43M
By Liviu Oltean, Associate Editor
The Urban Redevelopment Authority (URA) has voted and agreed to sell seven lots near Forbes Avenue to Millcraft Industries.
The 37,000-square-foot tracts were sold to the Washington-based company for $2.43 million. The Pittsburgh Business Times reports that […]
DeBartolo Cleared to Move Forward with Largest Shopping Center in Oahu
By Liviu Oltean, Associate Editor
The Hawaiian Homes Commission (HHC) has recently reported that DeBartolo Development’s final environmental assessment (FEA) has no significant impact on the environment.
Due to the approval of the FEA, DeBartolo is now eligible to enter the first […]
Job Growth Fuels Multi-Family Market Revival
By Alex Girda, Associate Editor
Las Vegas’ multi-family market appears to be heading for recovery, according to a recent report from Marcus & Millichap Real Estate Investment Services Inc. In-development retail projects are set to create large amounts of jobs in […]
Pac-12 Enterprises Leases 70,000 SF in South Market
By Alex Girda, Associate Editor
The Pac-!2 athletic conference’s integrated media affiliate has signed an 11-year lease for 70,000 square feet at 370 Third Street in San Francisco, the San Francisco Business Times reported. Kilroy Realty Corp., the building’s owner, acquired […]
Mayo Clinic Breaks Ground on $183M Cancer Treatment Center
By Alex Girda, Associate Editor
The Mayo Clinic has broken ground on a $183 million cutting-edge cancer treatment center in Northeast Phoenix, the Arizona Republic reports. The facility is one of a pair planned by the medical institution, along with a […]
Lionstone Catches a Wave in Santa Monica with $90M Buy
By Alex Girda, Associate Editor
Houston-based investment management firm Lionstone Group has expanded its footprint in the Los Angeles office market recently with the $90 million acquisition of five new-wave properties in the oceanside community of Santa Monica, Calif.
The “creative office buildings”, […]
Pioneer Square Project Ready to Make its Mark on Seattle Skyline
By Alex Girda, Associate Editor
R.D. Merrill and Daniels Real Estate are betting big on a new development that will take shape on the parking lot that sits just north of CenturyLink Field. The companies have submitted a plan for a […]
Chicago's 896 KSF 321 N. Clark Office Tower Certified LEED Gold
Hines has just achieved LEED Gold for Existing Buildings certification for its 896,500-square-foot office building at 321 North Clark at Riverfront Plaza in Chicago.
UDR JVs with Kuwait Finance House on $154M D.C. Apartment Buy
UDR Inc. and joint venture partner Kuwait Finance House continue to augment their Washington, D.C.-area apartment portfolio with the $154 million acquisition of 1301 Thomas Circle.