News
NRP, Balfour to Construct $30 Million Mixed-Use Facility for Alamo Colleges
By Camelia Bulea, Associate Editor
NRP Group L.L.C. and Balfour Beatty Capital have been hired to construct a mixed-use development for the Alamo Colleges.
The development plan is expected to cost $30 million and will add 215 student housing units, a 1,000-space […]
Compaglia Joins Cassidy Turley as VP
Donna Compaglia will be based in the firm’s San Francisco office, specializing in representation of landlords and tenants in leasing commercial property.
Economy Watch: Mixed Economic Indicators
According to the Conference Board, its leading economic index for the U.S. increased 0.8 percent in May to 114.7 (the baseline is 2004, which equals 100). The uptick came on the heels of a decline of 0.4 percent in April for the index, and to some extent can be chalked up to declining energy prices.
Residential and Office Space Thrive in the Bronx
By Veronica Grecu, Associate Editor
Two five-story buildings located on Bryant Avenue in the Bronx have been granted a $600,000 pre-development loan for urgent building repairs. Crain’s New York Business reports that the buildings, totaling 99 units, had 1,631 housing code […]
Real Estate Market Still Slow Despite Incentives
By Veronica Grecu, Associate Editor
With only 25 percent of approvals granted to the recently approved low-income housing development on Madison Street, two Oak Park developers are now trying to find alternative ways to gather funds for their $15 million redevelopment […]
KBS Purchases Minnetonka’s Trophy 601 Tower at Carlson Center Office Building
By Camelia Bulea, Associate Editor
The prestigious 15-story 601 Tower at Carlson Center in Minnetonka, Minn., reached 95 percent occupancy yesterday when KBS Capital Advisors, an affiliate of KBS Realty Advisors, signed a direct lease with Altair Global Relocation for approximately […]
Polaris to Build Housing Plus Mixed-Use for Cleveland State
By Adrian Maties, Associate Editor
Cleveland State University struck a deal with Polaris Real Estate Equities on June 1st that will allow the local developer to build a $50 million, 308-unit housing complex on the north side of the university’s campus.
Polaris […]
Northgate Mall Posts for Sale Out of Foreclosure
By Adrian Maties, Associate Editor
Northgate Mall is finally on the market.
The posting comes more than a year after the bank holding the mortgage filed foreclosure papers against Feldman Mall Properties, the mall’s owner. New York real estate firm Rockwood Real […]
Collier Commons Changes Hands; Towers of Channelside Celebrates Full Occupancy
By Georgiana Mihaila, Associate Editor
In what is notably the largest recent transaction to hold the headlines in Tampa, the Collier Commons Shopping Center sold to Lakeland-based Publix Supermarkets for the amount of $28 million. The sale was annoucned by the […]
2011 to Top Deal Charts, While Developers Foresee Gold in 2012 Treasure Island Housing Project
By Alex Girda, Associate Editor
San Francisco has had its fair share of great news this past week with a series of encouraging statistics as well as bold plans for future housing solutions in the Bay Area.
The week shot off with […]