News

Cleveland State University Breaks Ground on $50M Project

By Adrian Maties, Associate Editor
Cleveland State University broke ground on Nov. 9 on a $50 million mixed-use project, the city’s largest residential development in more than 30 years. Polaris Real Estate Equities and Buckingham Cos. are co-developers.
The groundbreaking ceremony was […]

19th Century Homes Restored in Over-the-Rhine

By Adrian Maties, Associate Editor
In Cincinnati’s Over-the-Rhine, local builders, together with Cincinnati Center City Development Corp. (3CDC), are rehabilitating nine grand old houses. The project is called Park Haus and its goal is to remake 19th century, single-family homes in […]

Equity Residential Engages in Massive Residential Shopping Spree

By Alex Girda, Associate Editor
East Palo Alto is on the verge of selling more than half of its rental stock to one of the nation’s largest landlords. If that doesn’t sound noteworthy, consider the number of apartments that are part […]

Museum of Natural History of Utah Strives to LEED by Example

By Alex Girda, Associate Editor One of Salt Lake City’s attractions-to-be is the brand-new Natural History Museum of Utah as it reopens in a brand-new, $103 million facility. The building’s catchy design is inspired by what the museum strives to present: the diverse landscape and particularities of Utah. The Rio Tinto Center, as it is […]

Vornado Buys Washington Office Tower for $104M

By Adrian Maties, Associate Editor
Vornado Realty Trust announced last week that it will acquire full ownership of 1399 New York Ave., N.W., for $104 million. The New York-based real estate investment trust previously held a 2.5 percent minority stake in […]

Dees Stribling’s Economy Watch Weekly

There was fairly good news about the U.S. economy this week, but trouble’s brewing across the Atlantic. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Nov. 4, 2011.

Equity One Spends $115M for California Shopping Center

Culver Center, a 216,600-square-foot community shopping center Los Angeles County’s Culver City, has come under new ownership. Equity One Inc. snapped up the grocery-anchored asset for $115 million.

HFF Brokers Sale of 3 San Francisco Hotels

In the San Francisco Bay Area, the weather is mild but the hotel market is hot, as evidenced by Holliday Fenoglio Fowler’s recent facilitation of the sale of a three-property, four-hotel portfolio to separate buyers.

Porsche Design Teams Up with Dezer for $650M Condo Tower

By Georgiana Mihaila, Associate Editor
Porsche Design plans on making a grand entrance into the South Florida multifamily market by partnering with Dezer Properties for its $650 million Sunny Isles Beach condo tower. The major project, named Porsche Design Tower, has […]

Elvis Presley Boulevard Could Benefit From $50M Revitalization Project

By Amalia Otet, Associate Editor
Southland Park Gaming & Racing in West Memphis, Ark. has announced it will kick off a $10 million renovation project in December, as part of a plan to expand its gaming and hospitality facilities.
Southland Park Gaming […]