News
Historic Horton Plaza Park to Become One of the Largest Gathering Spaces in San Diego
By Gabriel Circiog, Associate Editor
Signon San Diego reports that the historic Horton Plaza Park is one step closer to a $8.5 million design that will transform it into one of the largest gathering spaces in the city. The design was […]
Kansas City Announces 10 New Projects as Economic Development Border War Continues
By Gabriel Circiog, Associate Editor
Kansas City has announced 10 new projects in various stages of development, and officials hope that they will increase the optimism about the local economy. The Kansas City Business Journal reports that the leadership of the […]
$30M Baltimore TOD Project Breaks Ground
By Adrian Maties, Associate Editor
After 20 years on the drawing board, held up by problems like cost or the economy, the Owings Mills Metro Centre finally broke ground last Thursday, July 28. A six-story, transit-oriented town center will house the […]
Investment Bank Balloons by 140 KSF at Atlanta Financial Center
SunTrust Robinson Humphrey Inc., a longtime tenant at Atlanta Financial Center, expanded its 92,300 square-foot home at the by 150 percent.
Dees Stribling’s Economy Watch Weekly
Economy Watch reporter Dees Stribling recaps a tumultuous week that saw a bitter fight on Capitol Hill on the debt-ceiling debate and ended Aug. 5, 2011.
Economy Watch: S&P Drops the Credit Rating, What it Means for Investors
On Friday evening, Standard & Poor’s went where no rating agency has gone before by downgrading long-term U.S. sovereign debt, and politics have been in full swing all weekend. And the BLS reported that 117,000 jobs were added in July, but what it was really reporting was stasis.
Jamestown, EastBanc Invest in Georgetown Renaissance Portfolio
Jamestown and EastBanc announced a partnership to develop the 306,000 square-foot mixed-use Georgetown Portfolio in Washington, D.C.
First Potomac, Perseus Purchase D.C. Bus-Terminal Site for $46.8M Office Project
First Potomac Realty Trust and Perseus Realty L.L.C. have purchased the 1.6-acre Greyhound Bus Terminal site from FirstGroup PLC for approximately $46.8 million in order to develop a future office project.
Shoreview Complex Faces Foreclosure
By Camelia Bulea, Associate Editor
The former headquarters of Deluxe Corp. is now facing foreclosure. The lender on Shoreview Corporate Center, a 553,000-square-foot office and industrial campus located in the suburb of Shoreview, has started foreclosure proceedings. Since 2005, the mortgage […]
Inland Pays $69M for Fairmont Dallas
By Georgiana Mihaila, Associate Editor
The historic Fairmont Hotel in Dallas traded hands this week for the reported amount of $69 million, or $127,000 per key. According to city records, the seller was PCCP DCP Dallas Hotel, an affiliate of El […]