News
Stan Johnson Co. Opens NYC Office
Despite the prevailing economic headwinds, the net-lease space continues to perform. As proof, look no further than the opening of Stan Johnson Co.’s New York City office, the firm’s fourth major expansion since 2009.
Fitch: Commercial Properties Have a Long Road to Recovery
U.S. commercial properties have seen some minor improvements of late, but the sector still has quite a ways to go before it can completely shake off the effects of the economic recession, according to Fitch Ratings.
Economy Watch: Scrutiny for the Euro Zone’s Finances
Various Euro-zone policymakers met in Washington over the weekend to take a look at the markets, and ECB president Jean-Claude Trichet characterized the situation as very serious.
Balfour Beatty/Barnhart Awarded $221.5 Million Contract; Architects Busy on Chargers Stadium Design
By Gabriel Circiog, Associate Editor
San Diego County has awarded a $221.5 million contract to Balfour Beatty/Barnhart to design and build a modern women’s jail. The new facility will be constructed on the site of the existing Las Colinas Detention Facility […]
AMC Entertainment Latest to Cross into Missouri as Border War Continues
By Gabriel Circiog, Associate Editor
The border war continues and AMC Entertainment is the latest company that has decided to leave downtown Kansas City for Leawood. The Kansas City Star reports the movie theater giant will relocate its world headquarters to […]
Hotel Monaco Breaks Ground in Philly; Cooper University Hospital Opens New Condo for Employees
By Veronica Grecu, Associate Editor
The Philadelphia Inquirer reports that one of the city’s historic buildings located at Fifth and Chestnut Streets will be converted into a luxury hotel. During the groundbreaking ceremony that was held at the site last week, […]
Federal Money for Detroit Metro Airport and Tiger Stadium Football Field
By Veronica Grecu, Associate Editor
More than $15 million in federal transportation grants will be awarded to Detroit Metropolitan Airport in Romulus, announced Sen. Carl Levin, D-Mich., in a press release issued last week. The funds coming from the Federal Aviation […]
Orlando Magic Eyes Downtown for New Entertainment Complex, HQs
By Georgiana Mihaila, Associate Editor
Following a successful first year at the new Amway Center, Orlando Magic is considering an adjacent entertainment complex. According to the Orlando Sentinel, the Magic has won the exclusive right to buy a parking garage that […]
Home Sales Close to Record Numbers, Prices Reach New Lows
By Alex Girda, Associate Editor
The area’s housing market is proving extremely attractive to buyers—in fact, August’s figures nearly matched a two year-old record. According to data from the Greater Las Vegas Association of Realtors (GLVAR), August had a combined number […]
Residential Development to Spring Up Between Railroad Tracks; Former Qwest Building Will Soon be Up For Grabs
By Alex Girda, Associate Editor
Union Station is close to having its first high-rise residential project as a local development company has plans to kick off a $60 million investment. The developer, Zocalo Community Development, intends to break ground some time […]