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2013-05-22 08:02:34 (0 comments, 0 reshares, 0 +1s)

+Commercial Property Executive's economic analyst, Dees Stribling, gives his update for the week ending May 17.

2013-05-21 07:29:06 (0 comments, 0 reshares, 3 +1s)

On Tuesday, May 14, Coppin State University hosted a formal groundbreaking for its new Science and Technology Center (STC). Lt. Governor Anthony Brown, Mayor Stephanie Rawlings-Blake, and other elected officials attended the ceremony.  http://bit.ly/17Ws9xr

2013-05-20 21:29:07 (0 comments, 0 reshares, 2 +1s)

Although there will continue to be headwinds throughout much of 2013, there are signs that the United States’ #retail #property market may soon turn a corner.

2013-05-20 15:30:09 (0 comments, 0 reshares, 1 +1s)

Can #apartments be too small? Developers are testing the boundaries, experimenting with layout and #design to determine just how tiny and inexpensive a space they can easily lease. 

2013-05-17 20:30:16 (0 comments, 0 reshares, 0 +1s)

Renewed development, technology, taxes on internet sales and other retail trends will be in the air when 32,000-plus professionals gather at the Las Vegas Convention Center next week for #RECon, commercial real estate’s largest event.

2013-05-13 14:30:23 (0 comments, 0 reshares, 2 +1s)

Trammel Crow, Principal Sign #ConocoPhillips to 850 KSF Lease in #Houston’s Energy Corridor -- http://bit.ly/17PixSv

2013-05-10 17:01:07 (0 comments, 0 reshares, 2 +1s)

+BNSF Railway’s $500 million Southern California International Gateway project took a big step forward this week when the Los Angeles City Council approved the environmental impact review and a 50-year lease for the 156-acre site near the +Port of Los Angeles. -- http://bit.ly/12lDFMM

2013-05-10 15:09:07 (0 comments, 0 reshares, 2 +1s)

#GID Development Group Constructing #Seattle #Apartment Tower -- http://bit.ly/13JWuuQ

2013-05-10 08:09:49 (0 comments, 1 reshares, 0 +1s)

+USAA plans to relocate more than 500 employees from its current office in Norfolk to #Chesapeake by December. The San Antonio-based financial services company will move from its mid-Atlantic regional office at 5800 Northampton Blvd. to Battlefield Technology Center II in Chesapeake

2013-05-10 04:20:38 (0 comments, 0 reshares, 1 +1s)

Two Midtown #Manhattan trophy towers owned by #Hines have been sold to separate buyers for a combined total of more than $1 billion, the company announced yesterday.  *American Realty Advisors* won the competition for 499 Park Ave., and J.P. Morgan Asset Management has acquired 425 Lexington Ave.

2013-05-09 07:41:38 (0 comments, 0 reshares, 0 +1s)

#Philadelphia city officials and representatives of the Tishman Construction Corporation gathered last week to attend a topping-off ceremony for the new Family Court building that is under development at the northwest corner of 15th and Arch streets. Construction for the $160 million courthouse building started in early 2012 under plans designed by #EwingCole, a locally based architecture firm that provides services for various project types including academic, corporate, government, healthcare, science, technology, arts and sports.

2013-05-08 19:00:46 (0 comments, 0 reshares, 2 +1s)

The Meridian Group Acquires #SAIC Corporate Headquarters in Northern Virginia -- http://bit.ly/18Y665K

2013-05-08 17:27:58 (0 comments, 0 reshares, 0 +1s)

The $340 million will go toward restoring four barrier islands from Terrebonne Parish to the eastern bank of Plaquemines Parish and two Fish Stock Research and Enhancement Centers: one in Lake Charles in Calcasieu Parish and one in Point a la Hache in Plaquemines Parish. The two centers will cost $22 million.

2013-05-07 21:07:46 (0 comments, 0 reshares, 3 +1s)

“The Bow” Tower in #Calgary has made the +Emporis list of the most spectacular 15 corporate buildings in the world.

Follow this link to continue reading: http://bit.ly/10mAItG

2013-05-07 14:13:43 (0 comments, 1 reshares, 2 +1s)

Trophy +AT&T #Office Campus in Midtown #Atlanta Trades for $225M -- http://bit.ly/16cIPQC

2013-05-04 06:30:30 (0 comments, 0 reshares, 0 +1s)

Adam and Eve. Romeo and Juliet. Jack and Jill. #Convention centers and #hotels. What does that last pairing have in common with the others?

2013-05-04 06:24:51 (0 comments, 0 reshares, 1 +1s)

The final two sections of the 408-foot steel spire that will crown One World Trade Center were hoisted to the top of the iconic tower yesterday, as dozens of construction workers cheered, making it the tallest building in the Western Hemisphere.

2013-05-02 11:39:54 (0 comments, 0 reshares, 0 +1s)

A subsidiary of Cole Corporate Income Trust Inc., an entity managed by Cole Real Estate Investments, acquired 55 Corporate Drive in Bridgewater, N.J., from Mack-Cali Realty Corp. for approximately $72.3 million.

2013-05-02 08:54:11 (0 comments, 0 reshares, 1 +1s)

#Fishers, IN: Medical #Office Building Wins BOMA’s #TOBY Award -- http://bit.ly/10HacBh

2013-05-01 05:09:30 (0 comments, 0 reshares, 1 +1s)

The 85,000-square-foot #office building at 995 Market St. in San Francisco’s blossoming Mid-Market area is under new ownership. Columbia Pacific Advisors and Long Market Property Partners acting in a joint venture as 995 Market Street SF Investment L.L.C., acquired the property from a private group in an off-market transaction.

2013-04-30 07:41:53 (0 comments, 0 reshares, 0 +1s)

+Wright State University Breaks Ground on $37M #Neuroscience #Engineering Collaboration Building in #Dayton  - http://bit.ly/13FwuAc

2013-04-29 21:41:53 (0 comments, 0 reshares, 1 +1s)

A Class A #office #property just traded for a quarter billion dollars, and it didn’t happen in New York City or San Francisco or Washington, D.C.; it occurred in $Minneapolis, Minn. Beacon Investment Properties L.L.C., acting in a joint venture with Harel Insurance Investments & Financial Services Ltd. and Menora Mivtahim Insurance Ltd., snapped up Minnesota’s tallest office tower, the 1.4 million-square-foot IDS Center, from Inland American Real Estate Trust for $253 million.  

2013-04-29 08:16:57 (0 comments, 0 reshares, 0 +1s)

+Schneider Electric, a French #energy #technology company which employs over 130,000 worldwide, will add another facility to its network of research and development hubs which includes Grenoble (France), Bangalore (India), Monterrey (Mexico) and Shanghai (China). The European giant is planning to consolidate all existing Massachusetts divisions in a new 235,000-square-foot research and development center in #Andover, where as many as 730 employees are expected to relocate by the end of this year.

2013-04-26 16:06:47 (0 comments, 0 reshares, 1 +1s)

The Paramount Building, a landmark #Manhattan #office tower carrying the address of 1501 Broadway in Times Square, is among the latest assets to benefit from the lending community’s fondness for +New York City. Relying on the assistance of real estate #finance and advisory firm Meridian Capital Group L.L.C., Paramount Leasehold L.P., owner of the 788,000-square-foot property, obtained $130 million in financing, a portion of which will be used to fund an improvement program. 

2013-04-26 08:29:57 (0 comments, 1 reshares, 3 +1s)

+Phoenix Sky Harbor International Airport marked a major milestone April 8 with the opening of the $1.6 billion PHX Sky Train system. Officials are touting the system as a catalyst for transit-oriented #development and establishing a #sustainable platform for growth.  http://bit.ly/17m02Fb

2013-04-25 15:08:59 (0 comments, 0 reshares, 3 +1s)

Inland American Lodging Group Acquires 228-room +Residence Inn Denver City Center Hotel for $80 Million   http://bit.ly/17Yysin

2013-04-25 08:15:54 (0 comments, 0 reshares, 3 +1s)

Associate editor +Eliza Theiss presents a three-part series of reports on worldwide real estate based on presentations at the   #MIPIM  world property market in March.

It’s not hard to see why #China is touted as the promised land for real estate development and investment, especially if its market indicators are compared to those of the United States or the Euro zone. Europe has an estimated 19 million unemployed, a negative growth rate and countries struggling to lift themselves from recession—if not to prevent going completely over the cliff, as in the case of France. The U.S. picture is better, but its estimated 125 percent growth over the past decade pales in comparison to China’s 325 percent.

2013-04-24 15:41:19 (0 comments, 1 reshares, 3 +1s)

Looking to retain its spot as a premier business address, Miami Tower has just completed a major #renovation and modernization of its Sky Lobby. The lobby—a unique configuration of indoor and outdoor space—encompasses nearly 35,000 square feet and is marketed as a place where the public and private can gather in a contemporized space, upgraded with modern technologies and amenities.

2013-04-24 09:02:25 (0 comments, 0 reshares, 3 +1s)

A new breed of high-rise #architecture is in the process of being born, thanks to the collaborative efforts of modern design pioneers. Envisioned as the best #sustainable option for meeting world housing demands and decreasing global carbon emissions, wooden mega-structures are now one step closer to becoming a reality.

2013-04-23 16:17:26 (0 comments, 0 reshares, 1 +1s)

Union Square L.L.C. owned by Washington Real Estate Holdings and a major pension fund investor, received $400 million in #refinancing for Union Square, two #office buildings in #Seattle, Wash. Northwestern Mutual and New York Life each provided 50 percent—or $200 million—in the refinancing.

2013-04-23 08:20:58 (0 comments, 0 reshares, 1 +1s)

Rosemont Realty L.L.C. pushes up its presence in the metropolitan #Denver market by 770,200 square feet with the acquisition of the Denver World Trade Center. The real estate company purchased the two-building #office property from I & G Denver WTC L.L.C., an entity of LaSalle Investment Management  for $176 million.

2013-04-22 16:07:28 (0 comments, 0 reshares, 3 +1s)

Kaiser Permanente Opens The South Baltimore County Corner Medical Center in #Halethorpe  http://bit.ly/Zy4eiC

2013-04-22 07:36:25 (0 comments, 1 reshares, 0 +1s)

+General Electric will build a $110 million Global Research Center in the #Oklahoma City area that will pursue #innovation in the oil and gas sector and to bringing products to the market faster. 

2013-04-19 18:13:16 (0 comments, 0 reshares, 1 +1s)

Manulife (International) Limited has signed a sale-and-purchase agreement with Wheelock Properties Limited for the West Tower at the One Bay East development in Kowloon East, Hong Kong. The HK$ 4.5 billion ($580 million) deal marks the largest single office tower purchase in Kowloon. The Hong Kong office of CBRE Group Inc. acted as advisor in the transaction.

2013-04-19 08:16:44 (0 comments, 0 reshares, 2 +1s)

Self-administrated real estate investment trust Ashford Hospitality Trust, Inc. announced that it has entered, along with its joint venture partner, a series of agreements with the City of Nashville and Davidson County regarding its ownership of the Renaissance Nashville Hotel and the existing Nashville Convention Center.

2013-04-18 15:15:38 (0 comments, 0 reshares, 1 +1s)

#KBS REIT II and #Hines Announce #LEED Platinum Certification of 300 North LaSalle #Office Tower  http://bit.ly/12poQuD

2013-04-18 07:04:28 (0 comments, 0 reshares, 0 +1s)

#Dentons, the world’s seventh-largest law firm, has extended its lease in Willis Tower for 15 years. The global law firm, formerly known as Sonnenschein and more recently as SNR Denton, is relocating within the building and taking up to 144,000 square feet of new space.

2013-04-18 06:52:29 (0 comments, 0 reshares, 0 +1s)

Demand for construction work on hotels and motels will continue to expand due to rising occupancy rates at existing properties! For all the new hotel and renovation projects, visit us at HotelMarketData: http://bit.ly/wN3ONc

2013-04-17 08:38:47 (0 comments, 1 reshares, 3 +1s)

+Valencia College officials, along with officials from the +University of Central Florida, dedicated the newest #building on Valencia’s Osceola Campus on April 11, marking the expansion of the Valencia-UCF partnership in Osceola County.  http://bit.ly/1191isA

2013-04-16 08:05:57 (0 comments, 0 reshares, 3 +1s)

#Hendricks Breaks Ground on $30M #Redevelopment of Retail Strip in #Indianapolis  http://bit.ly/ZRmDKp

2013-04-15 15:21:34 (0 comments, 0 reshares, 1 +1s)

Internet search giant #Google   has announced a $390 million (300 million Euro) #investment in the expansion of its data center in #Belgium. The infrastructure improvement project is expected to meet the company’s growing demand for online services in Europe.

2013-04-15 08:59:52 (1 comments, 1 reshares, 3 +1s)

A grand opening ceremony was held on April 10 for the new 154,400-square-foot +Walmart Supercenter, where residents gathered to celebrate both the new #retail options and the addition of 300 new #jobs to the town of #Davie, Fla. http://bit.ly/119gtAX

2013-04-12 16:04:58 (0 comments, 1 reshares, 3 +1s)

Atlanta Property Group, a privately held real estate investment firm, has acquired Northcreek Office Park, a four-building, 536,000-square-foot Class A #office #campus located in #Atlanta’s prestigious Buckhead/West Paces Ferry corridor for a reported $72 million from +CBRE Global Investors.

2013-04-11 21:15:36 (0 comments, 0 reshares, 4 +1s)

Sydney, Australia - Brookfield Tops out $365M Univ. of Sydney Research Facility  http://bit.ly/14f8s3l

2013-04-11 12:24:46 (1 comments, 0 reshares, 1 +1s)

Thanks for inviting us to your G+ community!

2013-04-11 09:05:19 (0 comments, 1 reshares, 2 +1s)

+Compass Datacenters Completes LEED Gold   #Datacenter   in Record Time in Suburban    #Nashville  http://bit.ly/YMNpRm

2013-04-10 18:17:36 (0 comments, 0 reshares, 2 +1s)

Decade-Long Mixed-Use #Development in Inland #China Completes 13th Phase  http://bit.ly/16MD0ab

2013-04-10 16:20:20 (0 comments, 0 reshares, 1 +1s)

A mere 18 months after Liberty Property Trust and Synterra Partners broke ground on #GlaxoSmithKline’s new 208,000-square-foot #office #building, located in the Navy Yard Corporate Center at the Philadelphia Navy Yard, the pharmaceutical giant has settled into its new digs. The $150 million project is serving as an additional tenant magnet for the Navy Yard, as well as an example of a progressive new work environment. 

2013-04-10 08:34:09 (0 comments, 0 reshares, 1 +1s)

#PECo to Buy #Dayton Facility, Bring 250 Jobs to the City http://bit.ly/ZhkYGP

2013-04-09 12:33:58 (0 comments, 0 reshares, 3 +1s)

Ascend Hotel Collection announced last week its debut in #Baltimore, with the opening of three boutique #hotels in the vibrant waterfront neighborhoods of Inner Harbor and historic Fells Point. Just last month, the company expanded its fast-growing portfolio with the addition of new boutique hotels in Napa Valley, Sedona, Carmel and New Orleans, and it plans to open even more properties in such premier destinations as Las Vegas, Aruba, Miami, Orlando and Cape Cod. http://bit.ly/14KOPz0