Preparing to answer growing demand induced by the federal government’s Base Realignment and Closure process, Merritt Properties wraps up the acquisition of a nearly 36-acre site for the development of a 265,900-square-foot office park in Aberdeen, Maryland.
Construction kicked off today.
The Port Authority, New York City and New York state all agreed to pay as much as $1.7 billion to finance construction of two of the towers – but Silverstein will not receive any profits until the public monies are repaid.
There haven’t been too many hiccups in the student housing market during the recession.
Is building green the path to greater profits? That’s the question developers continue to ask themselves when evaluating whether to go after Leadership in Energy and Environmental Design certification. Increasingly, the answer is yes.
The company’s new facility will be operational in 2012.
Throughout his career, Rattner has sourced and developed nearly four million square feet of retail and mixed-use projects and in 2008 founded Blue Sky Holdings, a private real estate investment advisory firm focusing on retail and multi-family acquisitions.
Construction attorney Barry LePatner looks at this timely subject.
JBG Companies and Grosvenor plan a 125-unit condominium project in the nation’s capital.
The project is the first new station on the proposed national high-speed rail network.