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PHOENIX-Commercial real estate professionals from around the region shared intelligence - and business cards - at RealShare PHOENIX METRO. Multifamily is especially hot, but other sectors, including industrial, are also seeing growth and attracting attention from investors locally, across the US and oversees. The question is if capital can keep up.
TAMPA, FL—Skanska is on a roll. Besides winning a $101 million bid to build the Patricia & Phillip Frost Museum of Science, one of the largest and most iconic structures now underway in Miami, the Skanska / HOK design-build team is pressing forward on a huge project at Tampa International Airport (TPA).
AUSTIN--Oak Grove Capital has originated $63 million of fixed-rate Fannie Mae loans for Investors Capital Group (ICG) to acquire four separate market-rate, garden-style apartment projects in Austin.
NYACK, NY—At a press conference staged on the Hudson River shoreline on Monday with the new Tappan Zee Bridge construction in the background, Westchester County Executive Robert P. Astorino and Rockland County Executive Ed Day called on Gov. Andrew Cuomo to use a portion of the approximately $5 billion in bank settlement funds the state is receiving to pay for the $3.9-billion new bridge.
VERNON, CA—The Vernon submarket is experiencing record-low vacancy rates thanks to an influx of new tenants moving into the space, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.
HOUSTON--HFF has closed the sale of and arranged acquisition financing for 3000 Post Oak, a 441,523-square-foot, class A office building in Houston's Galleria submarket.
NEW YORK CITY—BSD recently achieved a hit with its 215 Sullivan condo project in the same neighborhood, and now intends to meet “the market's strong rental demand,” says principal Raymond Chalme.
MIAMI—Over a six-week period in early 2015, Whole Foods Market plans to open four stores in South Florida, beginning with a store in downtown Miami on Jan. 14.
NEW YORK CITY—Rather than replace equity partner Prudential Real Estate Investors in the office and retail property along West 44th Street, APF has assumed full ownership.