Market Sponsor
Aria Development Group has purchased a 7,310-square-foot, two-story, multi-family property in Miami's famed South Beach neighborhood, with plans to redevelop the parcel into a 10,000-square-foot retail complex. Read More »
Page
The bidding for the real estate started at $42,000 and hit $560,000 in 15 minutes. The coveted item--two rare tandem parking spaces in Boston's Back Bay, which were sold yesterday at auction for the r... Read More »
U.S.-based supermarket giant Safeway has sold its Canadian operations to rival Sobey's in a deal valued at USD$5.7 billion. The agreement includes 213 Safeway-branded supermarkets, 10 liquor stores, 1... Read More »
Amazon wants to build three transparent domes as part of its new headquarters complex in Seattle, which would create work and social environments for employees in a greenhouse-like setting. Read More »
The U.S. government's desire to spy on citizens is helping to fuel an unprecedented growth in data centers around the U.S. The National Security Agency is opening a new $1.2 billion data center in Uta... Read More »
An investor group led by Joseph Betesh of Milestone Equities has purchased a portfolio of 11 mixed-use properties in New York in an all cash transaction valued at $62 million. Read More »
Conventional wisdom suggests the recent surge in home sales is bad for the apartment market. As people move out of apartments to buy homes, apartment vacancies rise, the theory goes. Read More »
QIC Global Real Estate has paid $435.6 million for a 49 percent stake in eight U.S. malls in a joint venture with Forest City Enterprises, as QIC targets the retail market's recovery in the States. Read More »
The U.S. real estate invest trust Mid-America Apartment Communities has agreed to purchase Colonial Properties Trust for about $2.2 billion, a move that will create the second largest multi-family REI... Read More »
GE Capital, the financial arm of General Electric, has agreed to sell an $807 million portfolio of properties to American Realty Capital Properties, the Wall Street Journal reports. Read More »
Investment funds have bought stakes in two Manhattan office towers in separate transactions, as investors target the city's rising prime property values and increasing rents. Read More »
For 27 years now I have been an active broker, consultant advisor and for almost 16 years I have been training and mentoring others professionals. One of the biggest questions I always get is, how do ... Read More »
Construction crews have topped off One World Trade Center, but the developers are still scrambling to find tenants for the 1,776-foot-tall tower. No major corporate leases have been signed since publi... Read More »
Financial company TIAA-CERF has purchased an 11-story neoclassical office building in Boston's Financial District for $110 million from Transwestern Investment Co. of Chicago. Read More »
Demand for design services decreased in April, marking a negative shift for the first time in nine months, according to data from the American Institute of Architects. The AIA's Architecture Billings ... Read More »
One World Trade Center was officially topped off last week, with the placement of a silver spire on top of the building. This video dramatically illustrates the height of the tower, as well as the ski... Read More »
Real estate controlled by troubled U.S. retailer J.C. Penney was appraised this week at $3.3 billion--$2.6 billion less than originally estimated. Cushman & Wakefield valued the department store chain... Read More »
In a major shift, private equity firm Blackstone Group is selling its shares in General Growth Properties Inc. the second-largest U.S. mall owner. New York-based Blackstone will sell the shares equali... Read More »
One World Trade Center was topped off this morning with a silver spire, bringing the height of the iconic building to 1,776 feet. But there is still disagreement about the official final height of the... Read More »
Hines has announced the sale of two prime commercial buildings in New York City for a total of more than $1 billion. American Realty Advisors agreed to pay $390 million, or $1,300 per square foot for ... Read More »
U.S. commercial property prices hit record levels last month, a new report suggests. Green Streets Advisors' commercial property index moved one percent higher than the record achieved in August, 2007... Read More »
