News
A Greener D.C.
By Veronica Grecu, Associate Editor
Green building in the nation’s capital isn’t just for big office buildings.
In an attempt to consolidate its presence in the Washington, D.C., region, Safeway Inc. will open a 58,000-square-foot store in Tenleytown. The Pleasanton-based company will […]
Houston Skyscrapers Take the LEED
By Georgiana Mihaila, Associate Editor
While no more than four months ago Hines’ 33-story tower at 717 Milam became the first Texas skyscraper to achieve LEED Platinum for Existing Buildings certification from the U.S. Green Building Council, Post Oak Central soon […]
UC Davis Near Completion on First Phase of Massive Zero Net Energy Community
Work is nearly complete on the first phase of UC Davis West Village, which the university is calling the “largest planned zero net energy community,” in the country. That means that the property will ultimately generate at least as much, and possible more power than it consumes.
Behringer Harvard Sells 390-Unit San Francisco Apartment Property for $110M
Behringer Harvard just sold Waterford Place, a 390-residence apartment community in Dublin, Calif., for approximately $110 million. But it remains interested in the San Francisco market.
New Residential Developments Planned Across Chicago
By Veronica Grecu, Associate Editor
See Wong, the owner of Wabash Development Group, has recently acquired a 26,000-sq.-ft. warehouse in Chinatown for $3.88 million. The three-phase project that is to be constructed here will include condominiums for students, a hotel and […]
Foreclosures Leave Imprint on Miami’s Condo Market
By Georgiana Mihaila, Associate Editor
The 22-story condo tower at 275 N.E. 18th Street, 1800 Biscayne Plaza has recently been bought out by Javier Cervera. A $7 million investment was required in order for Cervera to pay off debt and buy […]
Economy Watch: Foreign Buyers, Farmland and Mortgage Disclosure
Americans might not be buying U.S. houses like they used to, but foreign buyers are in the market with both hands, according to a survey. Plus, Shiller lauds farmland, and the Consumer Financial Protection Bureau releases proposed mortgage disclosure forms.
Tampa Community Centers to Become More Accessible
By Georgiana Mihaila, Associate Editor
The former Brandon Community Advantage Center, reopened this January after a five-year, multimillion-dollar transformation process, has been the subject of much debate in past weeks. The Regent Community Center, as it has been renamed, has been […]
SL Green, Vornado Maintain Majority Stake in Recapitalization of 280 Park
Broadway Partners and Investcorp have announced a recapitalization and redevelopment of 280 Park Ave. in Manhattan that retains their majority stake while placing the total capitalization of the Class A asset at an estimated $1.4 billion.
ULI Report: Panelists Debate ‘Destinies’ in Opening Keynote
With the U.S. economy–and indeed, the world–beginning to see a slight thaw in the recession, there was a palpable if tenuous sense of hope.