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NAPERVILLE, IL-An affiliate of Wells Fargo Bank, N.A., sold the two-building office complex at 1751 and 1771 W. Diehl road here to New York City-based private equity firm Stabilis Capital Management, LP for $22.95 million.
SUGAR LAND, TX-A locally-based industrial market intelligence company estimates that there are more than $70.9 billion in industrial projects expected to begin construction this year in the state of Texas.
NEW LIBSON, NJ-The New Jersey Pinelands Commission on Friday rejected a plan by South Jersey Gas to build a 22-mile natural gas pipeline that would run through the Pinelands region of the state.
PHILADELPHIA-The designation by the Obama administration last week of West Philadelphia as a “Promise Zone” has instilled a sense of hope in local government officials and community activists that this crime-ridden section of the city can be revived.
WASHINGTON, DC-The National Capital Planning Commission granted final approval on Thursday to developer Donald Trump's plans to convert the Old Post Office and pavilion annex into a luxury hotel and conference center.
WASHINGTON, DC-Brookfield Office Properties says it plans to begin work on the redevelopment of 2001 M St. NW here in order to secure tenancies at the nine-story building.
NEW YORK CITY-Industrial brokers say that biding wars for industrial space in New York City were commonplace in 2013. The high demand for space has created very tight conditions in the industrial real estate market here.
CHICAGO-Noted Block 37 developer Laurance Freed and a company vice president pled innocent on Thursday to federal bank fraud charges leveled in connection with information they provided to secure development financing.