News
Economy Watch: Fed Warns of Euro-Troubles Tipping U.S. Economy into Recession
The San Fran Fed takes another look at the possibility of a double-dip recession. Ninety percent of Americans think it’s a “bad time” to look for a job. And the sale of Italy’s debt shows investor nervousness.
Realtors Expo: CRE Markets to See Improvement in 2012, 2013
“Blame it on the economy” was the take-home message at last week’s Commercial Real Estate Business Trends Forum at the 2011 Realtors Conference & Expo — but there are bright spots on the horizon.
9-Property, $71M Multi-Family Sale in Florida, Texas
An unnamed California-based investment firm has made its first foray into the world of Texas and Florida multi-family properties with a $70.9 million, nine-property sale arranged by Marcus & Millichap.
General Growth, Kimco JV to Redevelop Maryland Mall for $70M
Owings Mills Mall, a 25-year-old, 1 million-square-foot regional mall in northwest Baltimore County, will be undergoing redevelopment through a new joint venture of General Growth Properties and Kimco Realty.
Economy Watch: Change for Italy, Recovery for Japan, Positives for U.S.
Italy’s Berlusconi resigned over the weekend, and Mario Monti has temporarily taken the PM slot. Japan saw exports drive a burst of third-quarter growth. And U.S. consumer sentiment is up — for now.
Dees Stribling’s Economy Watch Weekly
There were spots of good news for the U.S. economy this week, but the euro-zone was the same roller-coaster. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Nov. 4, 2011.
IDS Real Estate Group Expands Portfolio; DPR Construction Awarded Top LEED Certifications
By Gabriel Circiog, Associate Editor
IDS Real Estate Group has acquired a 411,200-square-foot industrial/warehouse building in the Kearny Mesa area, RenTV.com reports. The 19-acre property located at 4000 Ruffin Rd is a Class B, multi-tenant facility with an 85 percent occupancy […]
Three Million-Square-Feet of the Bannister Federal Complex up for Sale
By Gabriel Circiog, Associate Editor One of the biggest real estate transactions in Kansas City history could soon happen as the federal government is searching for a buyer for part of the Bannister Federal Complex. The Kansas City Star reports the sale targets the 3 million square-foot section of the complex where non-nuclear parts for […]
Massive Office Campus Set to Arrive; Westgate Finds New Management
By Alex Girda, Associate Editor
An 844,000 square-foot office park is coming to Phoenix on a 24-acre site located at the corner of Chandler Boulevard and Loop 101. The massive development, tentatively dubbed Chandler 101 is the work of architecture firm […]
BWI to Spend $100 Million on Expansion Project
By Adrian Maties, Associate Editor
Baltimore/Washington International Thurgood Marshall Airport will begin a major expansion project over the next two years. The project will transform the central section of the airport and will allow passengers to move between concourses A, B […]