News
A ‘Greener’ South Florida with New Hampton Inn and FAU Building
By Georgiana Mihaila, Associate Editor
South Florida is about to get much greener, as Hampton Inn & Suites Miami Brickell-Downtown, slated for opening next month, set its sights on becoming Miami’s first LEED Certified hotel and the third LEED Certified Hampton […]
UC San Diego Completes New LEED Certified Housing Project; SR Commercial Expands Portfolio
By Gabriel Circiog, Associate Editor
The University of California San Diego recently announced that the apartments at Revelle and John Muir College, two of UC San Diego’s six undergraduate colleges, have been completed.
The Charles David Keeling Apartments at Revelle house 510 […]
Revamped Plans for Historic Building and New Retirement Community Announced in Kansas City
By Gabriel Circiog, Associate Editor
The historic Federal Reserve Bank of Kansas City building, located at 925 Grand Boulevard, will become a 306-room Embassy Suites hotel. The Kansas City Star reports that developer Jason Townsend has revised his original plan that […]
New $20M Recycling Plant Breaking Ground in Austin
By Camelia Bulea, Associate Editor
Austin residents will benefit from a new $20 million recycling plant in Northeast Austin, which is set to open in the fall of 2012. The facility, which is being built on a 10-acre site, will process […]
Outlet Mall Planned for Southaven; Mayfield Properties Invests $35.8M in Memphis Depot Business Park
By Amalia Otet, Associate Editor
Much like the general trend recorded in Memphis commercial real estate recently, the Southaven retail submarket seems to be rather stable. One of the latest investors that acknowledged the great potential of the area is Poag […]
Gastonia Attracts Foreign Investment to Tech Park
By Amalia Otet, Associate Editor
South Charlotte will become home to a new freestanding Walgreens drugstore, slated to open in January 2012.
The planned 12,500-square-foot building will be developed by Morgan Property Group LLC, a company focused on acquisition, management and brokerage […]
Exelon and Constellation Looking at 17 Sites for New Baltimore HQs
By Adrian Maties, Associate Editor
Exelon Corp. and Constellation Energy Group Inc. are looking at a list of 17 potential sites for Constellation’s new headquarters in downtown Baltimore.
Constellation Energy Group Inc. agreed earlier this year to merge with Chicago’s Exelon Corp. […]
Grubb & Ellis Sells Daymark Realty in Stock Transaction
Grubb & Ellis has decided to bid adieu to the tenant-in-common business with the sale of Daymark Realty Advisors to a joint venture involving Sovereign Capital Management and Infinity Urban Century.
CBRE Orchestrates $380M Financing Deal for NYC’s Chelsea Market
The popular NYC destination Chelsea Market underwent a $380M financing deal orchestrated by CBRE for Jamestown Properties.
Economy Watch: The Yo-Yoing of Wall Street; Big News on Foreclosures
A yo-yo might be the best metaphor for Wall Street’s activity this week. And while foreclosures are down significantly, the government is looking into what to do with the empty properties.