News
Dees Stribling’s Economy Watch Weekly
The nation awaits word from Jackson Hole, and to see how much damage Irene is going to do — for the week ending August 26, 2011. Dees Stribling’s Economy Watch Weekly
Mixed-Use Project Proposed for Jamaica Plain; Cambridge Lab Vacancy Inches Up
By Veronica Grecu, Associate Editor
A joint venture of SSG Developments and New Boston Ventures intends to build a 208,000-square-foot complex that would be located on a 3.4-acre site between a residential neighborhood and an industrial area in Jamaica Plain, the […]
First District Association, U of Minnesota Pursue Expansion
By Camelia Bulea, Associate Editor
A $32 million expansion is under way at First District Association’s headquarters and manufacturing plant in Litchfield. The project will add 50,000 square feet to the dairy producer’s 198,000-square-foot facility there, reported Finance & Commerce, a […]
CBRE Investors Nabs 242 KSF Class A Houston Office
CB Richard Ellis Investors acquired the approximately 242,400 square-foot property, at 2603 Augusta Dr. in Houston’s popular Galleria submarket, from Behringer Harvard Opportunity REIT I Inc.
Busy Week for Commercial Real Estate in New York City
By Veronica Grecu, Associate Editor
The commercial real estate transactions cited by Citibizlist that were closed this week in New York City show signs of improvement in the market.
The entire fourth floor of an office building located at 1150 Avenue of […]
The Pyramid to Receive Over $200M in Renovations
By Amalia Otet, Associate Editor
The Pyramid is now one step closer to revitalization, as the Center City Revenue Finance Corp. recently approved the bond financing that would help kick off the much-awaited project on October 1.
The City of Memphis plans […]
UNC Charlotte Opens New Building; Medical Center Expected to Expand
By Amalia Otet, Associate Editor
The University of North Carolina at Charlotte celebrated the opening of its brand-new $50.4 million building in the city’s First Ward. The 11-story, state-of-the-art structure at the corner of Ninth and Brevard Streets was completed this […]
Chesapeake Lodging to Buy 613-Room Denver Marriott for $119M
Chesapeake Lodging Trust’s shopping fever continues as the REIT enters into an agreement to acquire the Denver Marriott City Center, the 613-room upper-upscale hotel in the mixed-use City Center tower in downtown Denver.
East Coast Braces for a Hurricane Hit
The week started with an earthquake and it’s ending with a hurricane, as Irene nears the East Coast in what could potentially be the strongest storm in the last two decades.
Three Apartment Communities Up For Sale in Austin
By Camelia Bulea, Associate Editor
CB Richard Ellis Inc. recently announced that three large apartment complexes–Club Creek, Wildwood and Village at Riverdale–totaling 660 units, are up for sale.
The three properties are offered without a price and put to sale through receivership. […]