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AUSTIN--Sen. Kirk Watson and Austin mayor Steve Adler, along representatives from developer Aspen Heights, CIM Group and Constructive Ventures, and an estimated crowd of 250, helped break ground for The Independent on Monday.
SAN FRANCISCO—The John Buck Co. selects San Francisco for its regional office while development continues on Park Tower at Transbay, scheduled for completion in 2018.
DALLAS--McCarthy Building Cos. Inc. in a joint venture with Black & Veatch, was recently awarded a contract by the Trinity River Authority of Texas (TRA) for the solids-process improvements at the Central Regional Wastewater System in Dallas.
CHICAGO—The Romeoville project would be the second-largest spec project of the past five years, and the largest currently planned or under construction.
LOS ANGELES—The developer of condo project Ten50, which is midway through production, is looking for more opportunities in the Downtown market—including creative office, GlobeSt.com reports <b>EXCLUSIVELY</b>.
WASHINGTON, DC—The levels of delinquencies and losses on commercial mortgages held by insurance companies are among the lowest of any lender class, according to CREFC and Trepp.
TEMPE, AZ—BH Properties Acquires the 163,760-square-foot office property for $10.25 million using new transaction program designed to free up illiquid assets.
BOSTON—The booming life sciences sector in Cambridge and Greater Boston is causing some companies to look to other neighboring markets for suitable space.