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Tag Archives: Development

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Portion of Walter Reed Campus Transfers to DC

CRE Worldwide Posted on October 28, 2016 by Ramin SeddiqOctober 28, 2016

On Wednesday, DC officially took possession of 66 acres of the 110-acre former Walter Reed Army Medical Center campus. The District paid $22 million for the Ward 4 property and intends to ground lease it for $25 million to a … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Hospitality, Multi-family, Retail

Trump Hotels to Develop New Brand

CRE Worldwide Posted on October 24, 2016 by Ramin SeddiqOctober 24, 2016

Trump Hotels has announced a new hotel line called Scion. In a press release, the company describes the Scion brand as “a multi-faceted lifestyle brand developed in response to the boom in social clubs and the “we” economy.” The first … Continue reading →

Posted in US CRE | Tagged Development, Hospitality, Hotels, Vacancy Rates

Stockholm-based Skanska Invests in DC’s NoMa

CRE Worldwide Posted on October 9, 2016 by Ramin SeddiqOctober 9, 2016

Skanska USA Commercial Development has started work on a $112 million, LEED Gold residential building which it calls “Resa”. The 12-story, 326-unit luxury building will have 10,000sf of amenity space and 7,000sf of street-level retail. The project is located at … Continue reading →

Posted in Metro DC CRE | Tagged Construction, Development, Europe, Investments, Multi-family, Retail

The Watergate Hotel Reopens Following Renovations

CRE Worldwide Posted on July 10, 2016 by Ramin SeddiqJuly 10, 2016

The Watergate Hotel reopened last month after nine years and following a $125 million renovation. The 368-key five-star hotel is owned by Euro Capital Properties, who purchased it in 2010 for $45 million, according to Commercial Property Executive. generic tadalafil … Continue reading →

Posted in Metro DC CRE | Tagged Construction, Development, Hospitality

CWI 2 Acquires Le Méridien Arlington

CRE Worldwide Posted on July 1, 2016 by Ramin SeddiqJuly 1, 2016

New York-based non-traded REIT Carey Watermark Investors 2 has acquired the Le Méridien Arlington, a 154-room, four-star hotel in Arlington, Virginia’s Rosslyn neighborhood for an undisclosed price. The Starwood Hotels & Resorts brand hotel is undergoing a $3 million soft … Continue reading →

Posted in Metro DC CRE | Tagged Development, Hospitality, RE Sales

Panama Canal Expansion Nears Completion

CRE Worldwide Posted on June 25, 2016 by Ramin SeddiqJune 28, 2016

Tomorrow is the inauguration of the Panama Canal expansion project. Among other improvements, the project created a third set of locks, doubling the waterway’s capacity. Prior to the expansion project, the canal allowed for the passage of vessels carrying up … Continue reading →

Posted in International CRE | Tagged Construction, Development, Economy, Industrial, Latin America, New York

IKEA to Open Second Location in Virginia

CRE Worldwide Posted on June 24, 2016 by Ramin SeddiqJune 24, 2016

IKEA intends to open a second store in Virginia. The world’s largest furniture retailer has submitted plans to the City of Norfolk for the construction of a 331,000sf store with 1,000 parking spaces located on 19 acres at the northwestern … Continue reading →

Posted in US CRE | Tagged Development, Retail

Whole Foods to Open Store in Tysons Corner

CRE Worldwide Posted on April 24, 2016 by Ramin SeddiqApril 24, 2016

Whole Foods Market plans to open a 70,000sf flagship store at The Boro, a new 3.7 million square foot development at the intersection of Route 7 and Route 123 in Tysons Corner, Virginia, according to the supermarket chain. The Boro … Continue reading →

Posted in Metro DC CRE | Tagged Development, Retail

Low-performing Malls…

CRE Worldwide Posted on April 10, 2016 by Ramin SeddiqApril 10, 2016

About 1,000 malls in the US (around 15 percent) should either close down or be re-purposed into a non-retail use over the next 10 years,

Continue reading →
Posted in US CRE | Tagged Development, Leasing, Retail

Utah’s Industrial Real Estate Market – 2015

CRE Worldwide Posted on January 30, 2016 by Ramin SeddiqJanuary 30, 2016

A record-breaking 2.9 million square feet of industrial space was delivered to market in Utah in It assures safe health online pharmacy levitra results to all users. If you buy buy tadalafil in australia 10 pills you pay $72.60 US … Continue reading →

Posted in US CRE | Tagged Construction, Development, Industrial

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