News
EastGroup Breaks Ground on $10M Thousand Oaks Office Complex
By Camelia Bulea, Associate Editor
EastGroup announced plans to break ground on a nearly $10 million office development project. The 109,000 square feet of multi-tenant office space will be located in North Central San Antonio and will consist of two buildings, […]
South Lake Union’s Surge Fuels Falling Office Vacancy
By Alex Girda, Associate Editor
So many technology firms have flocked to Seattle’s South Lake Union neighborhood of late that tracking them is now a distinct challenge. In a sign of the times, Kidder Matthews senior vice presidents Bill Neil and […]
Major Hotel, Corporate Deals Hit Eden Prairie
By Camelia Bulea, Associate Editor
Eden Prairie properties have recently figured in several high-profile hospitality and corporate transactions. In the larger of the two deals, the Hyatt Place Minneapolis/Eden Prairie was part of a $110 million, eight-hotel sale by Hyatt Hotels Corp. The buyer is […]
Dees Stribling’s Economy Watch Weekly
Economy Watch reporter Dees Stribling offers insights on CPE Radio into the top economic news for the week ending July 22, 2011.
Hotel New Orleans to Become Hyatt Place; VA Hospital Moves Forward
By Amalia Otet, Associate Editor
The hospitality industry has always been one of the strong points of New Orleans, given its attraction as a tourist destination – from the impressive French-Creole architecture and rich culture to the lively Bourbon Street and […]
Parmatown’s Lender Files for Receivership
By Adrian Maties, Associate Editor
Parmatown Mall’s mortgage lender has filed for the appointment of a receiver in Cuyahoga County Common Pleas Court. That means the lender, Midland Loan Services, will take control of the property, list it for sale and […]
Apartment Rental Market Drives Property Sales
By Adrian Maties, Associate Editor
Confidence is returning to Cincinnati’s rental market, and that is encouraging investsors to buy. So far this year, investors have spent nearly $107 million to purchase hundreds of apartments that range from student housing to higher-end […]
HYM Details Massive Downtown Project; Braintree Hotel Makeover Kicks Off
By Veronica Grecu, Associate Editor
HYM Investment Group L.L.C detailed plans this week for Downtown Boston’s largest current proposed project: 2.4 million-square-foot mixed use complex on the site of the Government Center Garage. As reported Tuesday by the Boston Globe, HYM wants to build 1.2 million […]
Baltimore’s Inner Harbor to Get New Tenant; Phillips Seafood to Get New Home
By Adrian Maties, Associate Editor
Phillips Seafood announced last week that it will open a 500-seat restaurant by early October at the Inner Harbor’s Power Plant, in space left vacant last summer by ESPN Zone. By September 30, the restaurant in […]
Lenox and LIC Residential Developments Return to Life
By Veronica Grecu, Associate Editor
After receiving a $28 million low-interest construction and permanent loan through the Housing Asset Renewal Program, Queensboro Development will re-start a long-stalled residential development in Queens. The mixed-use development, located at 23-10 41st Ave. in Long […]