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BELLEVUE, WA-With $255 million in construction financing in hand, concerns about how to lease up the multifaceted development's 530,000-sf office component are being eclipsed by early returns from residential and retail components, and the expectations for the four-star Westin hotel.
HUDSON, WI-Three tribes have challenged the governor's veto authority, stalling a casino 30 miles east of the Twin Cities in Federal court. Gov. Scott McCallum is skeptical of gambling's role in "meaningful economic development.
ATLANTA-The problem here could impact commercial development if left unchecked, industry observer say. Dan Hourigan is program director at Midtown Transportation Solutions, the newest group.
ATLANTA-The bank is paying an estimated $15 million for the Atlanta-based capital markets unit of Citigroup Inc.'s Salomon Smith Barney, financial sources familiar with the acquisition tell GlobeSt.com on condition of anonymity. SunTrust hasn't disclosed the price.
LOS ANGELES-Summit Investment Co. sells trio of buildings totaling 56,330 sf to separate buyers.
WALTHAM, MA-Polaroid Corp. appears to be close to a deal to sell its 56-acre corporate campus here. The instant photography company, which is trying to reduce its debt, put the property on the market nearly six months ago.
NEW YORK CITY-The center will be used by Wyeth-Ayerst Pharmaceuticals as its corporate headquarters until 2003. After that, $270 million will be spent to renovate and upgrade the facility.
RICHMOND, VA-The REIT reports strong leasing activity in the Richard Market to start off the year. Several companies signed up for office and warehouse space across a few of the company's developments.
CHICAGO-Heller Financial decides to move its franchise finance unit from San Diego within the next 90 days to 500 W. Monroe St., where no additional space will be needed. Efficiency is the goal of the consolidation.
PALATINE, IL-This northwest suburb is the latest to hop the Downtown redevelopment train. Village officials approve the 280-unit Groves of Palatine multifamily development and 117,000-sf Gateway Center office and retail project.
From Placer.ai
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource