News
Apartment Development Spree Could Drive Up Rents–or Lead to Overbuilding
By Veronica Grecu, Associate Editor
A recent report from research firm Delta Associates observed that Washington, D.C., has been enjoying an amazing construction spree. According to the report, builders raised 4,400 new units in the District in the second half of […]
Redstone, Hines Bet Big on Uptown Houston
By Georgiana Mihaila, Associate Editor
Hines has announced the estimated starting date for an Uptown luxury apartment complex that exemplifies its efforts to expand its multifamily business nationwide. The locally based national real estate developer first announced intentions at the beginning […]
Magellan Buys Industrial Building in Inland Empire
The real estate investment and development firm joined forces with equity partner Penwood Real Estate Investment Management to acquire 1400 Victoria Ave., a vacant industrial asset in San Bernardino, Calif.
Dees Stribling’s Economy Watch Weekly
Economy Watch reporter Dees Stribling offers insights on CPE Radio into the top economic news of the week ending June 17 and what to watch out for in the coming week.
ExxonMobil Moves Forward with New Digs
ExxonMobil Corp. has chosen Gilbane/Harvey-Houston, a team involving construction and real estate development firm Gilbane Building Co. and general contractor Harvey General Contractors, to build its Houston office campus on a 385-acre site.
JLL Inks 58,000 SF in San Diego Leases
The two deals were completed with biopharmaceutical firm Halozyme Therapeutics.
JLL Boosts Capital Markets Team
Rudy Hubbard joins the firm as a managing director, while Leah Gallagher will serve as a vice president.
Bay Area Multi-Family Complex Changes Hands
The 893,856-square-foot complex sits 20 miles from San Francisco and 15 miles from Oakland.
Economy Watch: Starts Up, Foreclosures Down
The homebuilding industry might be gloomy, but housing starts increased in May by 3.5 percent compared with April, according to the U.S. Department of Commerce, to an annualized rate of 560,000 units.
No Business, As Usual
By Alex Girda, Associate Editor
There was no major news recorded in the real estate sector for the city of Las Vegas this past week, but previous reports of the continued downturn haven’t been proven wrong by market realities. After mildly […]