News
Brewers Hill Mixed-Use Project is Eligible for Maryland Green Building Tax Credit Program
By Adrian Maties, Associate Editor
Construction continues in Baltimore with a $120 million multi-stage project meant to redevelop one of the city’s most significant historic brewery complexes, the former National Brewery, which was home to the Gunther, Schaefer and Hamms Labels.
Obrecht […]
Dees Stribling’s Economy Watch Weekly
Economy Watch reporter Dees Stribling offers insights on CPE Radio into the top economic news of the week for the beginning of July and what to watch out for in the coming week.
Colliers Continues National Expansion with Addition of Pittsburgh Commercial Real Estate
In yet another step forward in the execution of its growth strategy, Colliers International has brought Pittsburgh Commercial Real Estate Inc. into the fold to enhance both its reach and its portfolio of services.
New CNL Fund to Invest $3B Across Multiple CRE Sectors
The fund will set its sights on lifestyle, lodging and specialty properties, and keep a special eye on senior living and healthcare assets.
Manhattan’s Worldwide Plaza Scores 900,000-SF Office Lease
Just one month after mega-publisher Condé Nast pre-leased 1 million square feet at the new World Trade Center development, financial services company Nomura Holding America Inc. has signed a deal for 900,000 square feet of office space at Worldwide Plaza. The deal marks the largest new lease in midtown Manhattan since 2004.
Economy Watch: Home Prices, Jobs Up
CoreLogic is reporting the data: U.S. home prices were up 0.8 percent in May, following a revised gain of 1.3 percent in April. Take out distressed sales and the increase is 1.2 percent.
Marine Corps Opens New HQs in Federal City, as Algiers Revives
by Amalia Otet, Associate Editor
The Marine Corps Reserve reached a major milestone on June 27, when it hosted the official opening ceremony for its new national headquarters at the old Navy base in Algiers. The 411,000-square-foot, Class A, force-protected office […]
CB Richard Ellis Lists Marquette Plaza for Sale–Again
By Camelia Bulea, Associate Editor
CB Richard Ellis Group Inc. recently offered for sale the Marquette Plaza office building in downtown Minneapolis, long revered as one of the city’s architectural landmarks. The listing did not name an offering price, but the […]
REIT Executive Compensation Up in 2010, Led by Office, Industrial Sectors
Closely mirroring trends in the economy at large, median compensation for C-level executives at the country’s largest REITs saw a gradual push upward during 2010.
Plastics Manufacturer Inks 104,300-SF Lease
Phoenix Packaging Operations L.L.C. took the entire manufacturing and distribution facility at 464 E. Chilton Drive in the Arizona city of Chandler.