News

Marcus & Millichap lists $17.9M Vegas Retail Property

Marcus & Millichap has retained the exclusive listing for a $17.9 million retail property in Las Vegas. The 104,397 square-foot property contains a Harley Davidson store as well as a 24 Hour Fitness gym and is 100 percent leased.

Rock Creek Takes Leasing In-House, Hires Mangum to Lead Effort

Washington, DC and Rockville, Md.-based commercial real estate investment firm Rock Creek Property Group is taking leasing internal with the appointment of Tricia Mangum as in-house leasing manager.

Parker Takes Reins as Regional Manager for two Marcus & Millichap Offices

J.D. Parker has been promoted to regional manager of Marcus & Millichap’s Manhattan and New Haven offices.

Long Wait for Growth May Be in Store, Linneman Tells NAI Global Forum

Prospects for the U.S. economy, public policy and commercial real estate industry drew a mixture of skepticism and cautious optimism in New York City this week at NAI Global’s annual market outlook.

Economy Watch: B of A to Forgive Some Borrowers Some Debt, Sometimes

Has Bank of America decided to play nice with underwater Bank of America mortgage holders? Would such a thing even be possible? Maybe so.

Lenders Come Out Strong for Two $70M Financings for NYC Office Buildings

Tangible evidence of the defrosting of credit markets continues to emerge.

Muller Company Awarded Contracts Totaling in Excess of 1.9M SF

Real estate manager, investor, and developer The Mueller Company has been awarded three new management contracts totaling more than 1.9 million square feet.

$300M Legoland Clears Another Hurdle

Florida is on tap for another vacation destination. Gov. Charlie Crist and the Florida Cabinet have approved the use of state lands for Merlin Entertainments to build a Legoland family theme park on 150 acres of land at the 145-acre Cypress Gardens in Winter Haven.

Construction of $160M Wizards Soccer Stadium Underway in Kansas City

Plans for the development of a new stadium for Major League Soccer’s Kansas City Wizards have not been sidetracked by the recession or the credit crunch.

Economy Watch: Existing Home Sales Take Another Dip

Sales of existing U.S. homes dropped 0.6 percent in February according to the National Association of Realtors on Tuesday.