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SAN DIEGO—The new $130-million medical-office building developed here by Scripps Health via McCarthy Building Cos. and Taylor Design combines collaborative and efficient space with a holistic environment to enhance patient experience and medical care.
LOS ANGELES—The price of materials is just one factor in construction cost trends, says CBRE Group's Andrea Cross. Since 2011, those trends have moved steadily upward.
LOS ANGELES—With the opening on the new EXPO line from DTLA to Santa Monica, L.A. is getting a boost of transit-oriented development, including the new EXPO Town Center project. GlobeSt.com gets the scoop in this EXCLUSIVE interview.
RUTHERFORD, NJ—David Ruggiero, a 20-year industry veteran, has been named managing director of the Global Healthcare Services (GHS) team in Newmark Grubb Knight Frank's Rutherford, NJ, office.
PHILADELPHIA—Cornerstone Real Estate Advisers sold its Stone Manor Corporate Center, 2600 and 2700 Kelly Rd., Warrington, PA, to Pembroke Hobson for $19.75 million.
JERSEY CITY, NJ—Point Capital Development and Fields Construction Company have completed construction at The Baker Building, 234 Suydam Avenue, a new community of 83 apartments in the Lafayette neighborhood of Jersey City, NJ.
NEW YORK CITY—However, the San Francisco Board of Supervisors' vote last week to crack down on unregistered listings is expected to provide only “a marginal tailwind” to hotel fundamentals, say analysts with Canaccord Genuity.