News
JLL Brokers $190M Baltimore-Based Multi-Family Sale to Harbor Group
Monday, Jones Lang LaSalle announced the completion of the sale of six multi-family properties in Baltimore, with Harbor Group International purchasing the 1,984-unit portfolio for $190.1 million.
Barrio Logan Neighborhood Close to Completing Mixed-Use Residential and Commercial Project
By Gabriel Circiog, Associate Editor
Located south of downtown, the working-class neighborhood Barrio Logan is getting close to completing a $58 million mixed-use residential and commercial project aimed at Hispanic shoppers. The New York Times informs that the development has entered […]
Black & Veatch LEED World Headquarters Renovation and Expansion Approved; Park Place Development Adds Two New Office Buildings
By Gabriel Circiog, Associate Editor
The Overland Park Planning Commission has approved the initial renovation and expansion plans for the world headquarters of Black & Veatch located at 114th Street and Lamar Avenue. Black & Veatch is the area’s 12th-largest private-sector […]
American Campus Communities Starts Construction on Two $80 Million Student Projects
By Camelia Bulea, Associate Editor
American Campus Communities is currently working on a series of housing projects totaling $262 million. According to a press release issued by the Austin-based residential developer and manager, the company recently began construction on two university […]
Wright Masterpiece Trades; Developers Upbeat on Office, Industrial Outlook
By Alex Girda, Associate Editor
In the wake of the recent spike in transaction volume enjoyed by the Los Angeles luxury residential market, an architectural masterpiece has taken the spotlight. Ennis House, a 1924 hilltop residence in the city’s Los Feliz […]
Donahue Schriber Completes $1.2B Balance Sheet Recap
Donahue Schriber set out to recapitalize its balance sheet to the tune of $1.2 billion and the shopping-center developer has done just that.
Economy Watch: Asian Markets Get U.S. Debt-Ceiling Blues, Alabama County Eyes Bankruptcy, Gallup Poll Says Americans Not Confident in Economy
The world began protesting more loudly on the Congressional debt-ceiling impasse in Congress. Jefferson County, Ala., may vote on Chapter 9 bankruptcy this week. And Gallup’s Economic Confidence Index fell to minus 41 in the week ending July 17.
CBRE Tapped by IndCor to Manage 22 MSF Industrial Portfolio
CB Richard Ellis Inc. has had a busy week after being chosen by IndCor Properties Inc. to manage an industrial property portfolio totaling 22 million square feet across 10 states.
Station Park Development Ready to Boost Farmington Economy
By Gabriel Circiog, Associate Editor
The Station Park development in Farmington is back on track and growing after it came to a standstill in 2007 due to the economic recession. According to Deseret News, almost all the retail space is already […]
New Owner for Landmark Interurban Building; House of Blues to Follow
By Georgiana Mihaila, Associate Editor
This month’s Dallas County foreclosure auction brought a new owner for the downtown landmark Interurban Building. A California investor affiliated with Bridge Partners paid $11.5 million for the 95-year-old red brick building. Constructed in 1916, the […]