News
McClatchy Sells Miami Herald HQ for $236M
The property encompasses 14 acres and 750,000 square feet along with an adjacent parking structure.
Testimony: HUD Fails to Keep Up with Mortgage Apps
The National Multi Housing Council and National Apartment Association told Congress that thousands of construction jobs could be in jeopardy, as well as revenues that could be generated for the federal government.
Rentals Take Center Stage as Phoenix Housing Market Reinvents Itself
By Alex Girda, Associate Editor
Phoenix real estate news this past week comprised the most diverse of subjects, with both leasing and sales making the headlines.
Probably the most relevant piece of news for the Phoenix area focused on one of the […]
DFW Office Buildings Change Hands
By Georgiana Mihaila, Associate Editor
Notably, the biggest acquisition reported this past week was the former Nortel Network Corp. campus at 2201-2221 Lakeside Blvd. in Richardson’s Telecom Corridor. Bought out of foreclosure, it traded for just $43.1 million. Buyer Pillar Commercial plans […]
Los Angeles Development Encountering Issues
By Alex Girda, Associate Editor
While a number of development projects have moved forward in recent weeks, others are hitting speed bumps, as evidenced by a couple of reports in The Los Angeles Times.
Retail developer Rick Caruso failed in his attempt […]
South Lake Union Rates High but Lacks Key Elements
By Alex Girda, Associate Editor
South Lake Union has rapidly gained status as a biotechnology and global healthcare hub, but achieving its full potential will require a great deal of public funding and policy changes, according to a study reported in […]
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 May 27 and what to watch out for in the coming week.
Miami Hunts for New Retailers, Pedestrian Traffic
By Georgiana Mihaila, Associate Editor
In an attempt to recreate New York City’s SoHo or its Meat Packing District, Miami’s innovative real estate company Dacra is determined to keep buying more property in the Design District in order to add to […]
From the Inside: Making a Case for the GSEs
Shekar Narasimhan offers his thoughts on CPE‘s From the Inside experts blog about how the GSEs benefit the rental housing market, whether privatization is a viable alternative and the risks of failing to find a solution quickly.
WTC’s 1 MSF Condé Nast Lease to Lead Downtown’s Return to Glory
New York City’s office market has been in the slow-but-sure post-recession rebound mode for the last several months but the long-awaited announcement has created such a buzz that industry experts believe it will kick the recovery of Manhattan, and downtown in particular, into high gear.