Property Management
MPEA Begins Selection Process for Design Firm to Plan the Event Center
The Metropolitan Pier and Exposition Authority has recently announced it has started the process of choosing an architect to design the Event Center, a multipurpose project announced on May 16 by Chicago Mayor Rahm Emanuel and the MPEA.…
Boston Investor Acquires Gateway Center in Downtown Providence for $13.2M
In a $13.2 million deal, Albany Road Real Estate Partners of Boston has purchased the four-story 117,000-square-foot Gateway Center in downtown Providence. According to the Providence Journal, the transaction closed on May 23. Bank Rhode Island financed the acquisition with a $10-million, 10-year loan.…
1.2 MSF Office Complex Sold In Metairie
One of Louisiana’s biggest office complexes has just sold. The three-tower Lakeway Center, in Metairie, suburban New Orleans was purchased by New York-based The Feil Organization for an undisclosed amount.…
1.2 MSF Office Complex Sold In Metairie
One of Louisiana’s biggest office complexes has just sold. The three-tower Lakeway Center, in Metairie, suburban New Orleans was purchased by New York-based The Feil Organization for an undisclosed amount.…
Sourwine Real Estate to Deliver City’s First Speculative Office Project Since 2008
Sourwine Real Estate Services, a locally based three-generation real estate owner, developer and property management company, is about to complete the first speculative office building in the Indianapolis area since 2008.…
LandWhite Developers to Receive $4M TIF to Redevelop the Chemical Building
The Board of Aldermen is expected to pass a board bill to provide $4 million in tax increment financing to redevelop the Chemical Building in downtown St. Louis.…
MOB Occupancy and Rental Rates: Regional Trends
Driven by historic trends in demographics and healthcare delivery, the medical office building sector is one of the most vibrant specialties in commercial real estate. These charts offer a snapshot of current regional trends in MOB vacancy and rental pricing. For an in-depth look at managing healthcare-related properties, see “Strong…
Chatham Lodging Trust to Acquire Pittsburgh Hyatt Place for $40M
Chatham Lodging Trust has agreed to purchase the 178-room Hyatt Place Pittsburgh/North Shore near downtown Pittsburgh for $40 million. Scheduled for completion by June 17, the transaction is subject to customary closing requirements and conditions.…
Cushman & Wakefield | Thalhimer Brokers Office Condo Sale, Local Colliers Chapter Increases Management Portfolio
Cushman & Wakefield | Thalhimer announced the sale of a Charleston County office asset for $340,000.…
New York-Based Co. Buys Hope Valley Square in Durham for $7.7M
An affiliate of DNA Partners of Cold Spring Harbor, N.Y. has acquired the 40,524-square-foot Hope Valley Square retail center in Durham.…
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