Richard Armalavage

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  • Energy’s Promise

    Commercial real estate’s high level of energy consumption and resultant potential for cost savings have long provided incentive to pursue improvements in temperature regulation, lighting, ventilation, and energy collection and return.

    02 October 2017 13:54
  • BMG to Consolidate Operations on Music Row

    The music company will relocate from two existing Nashville offices to a planned office building that will rise on the site of the Country Music Association’s former headquarters.

    05 July 2017 20:47
  • Douglas Development Buys $66M Land for DC Project

    The site is part of the 15 acres that the company acquired to develop NewCityDC, a 1.5 million-square-foot mixed-use project that will offer apartments, townhomes, retail and a hotel.

    16 May 2017 14:42
  • Jewel-Osco to Open in Chicago’s Woodlawn

    The full-service grocery store is scheduled to open in the second half of 2018. The project belongs to a joint venture between Terraco and DL3 Realty.

    28 April 2017 14:56
  • Economy Watch: Apartment Supply Not Keeping Up with Demand in Most Markets

    Out of the nation's 50 largest metros, only 10 have enough new housing supply to keep pace with job growth, according to a new report from Apartment List, indicating that a lack of new construction is contributing to the affordability crisis in many parts of the country.

    28 July 2017 13:04
  • NJ Area Industrial Property Sells for $7M

    In a deal brokered by NAI James E. Hanson’s Andrew Somple and Michael Walters, The Hampshire Cos. disposed of a industrial/flex building in Northvale, N.J.

    05 May 2017 15:11
  • Indian Company to Invest $35M in Virginia R&D Facility

    Granules India Ltd., through its wholly owned subsidiary Granules Pharmaceuticals Inc., will expand its pharmaceutical R&D and manufacturing operations at the company’s 100,000-square-foot plant in Fairfax County.

    23 May 2017 14:42
  • Economy Watch: Office, Hotel Investment Has Recovered; Retail Has Not

    In the first quarter of this year, non-residential investment increased at an annualized rate of 9.4 percent, according to Bureau of Economic Analysis data. And while the hotel and office sectors have more-or-less recovered to their pre-recession levels, the retail category is facing challenges.

    03 May 2017 12:52
  • Hines Nabs Sacramento Office Tower in $120M Deal

    The transaction included not just the Kaplan McLaughlin Diaz-designed downtown building, but the attached 800-space parking structure and the 350-space parking facility as well.

    26 June 2017 13:31
  • Unfinished Business

    I must have been nine or 10 when my mom told me the old joke about New York City: It would be a nice place if they ever finished it.

    06 April 2017 14:04