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Tag Archives: Development

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Dupont Underground

CRE Worldwide Posted on January 29, 2016 by Ramin SeddiqJanuary 29, 2016

In late 2014, an arts coalition called Dupont Underground signed a five-year lease at $30,000/year to transform the 75,000sf vacant tunnel system below DC’s Dupont Circle into a cultural venue for art exhibitions, concerts and the like. Built in the … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing

Washington Post Moves to One Franklin Square

CRE Worldwide Posted on December 16, 2015 by Ramin SeddiqDecember 16, 2015

The Washington Post moved to One Franklin Square (1301 K Street NW) over the weekend. The newspaper, owned by Amazon.com Inc. founder Jeff Bezos, leased about 300,000sf at the 627,511sf Class A office building owned by Hines. The Washington Post’s former … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Office

Ballston Mall Redevelopment Moving Forward

CRE Worldwide Posted on November 22, 2015 by Ramin SeddiqNovember 22, 2015

The Arlington County Board voted 5–0 to approve changes to the site plan for Ballston Common Mall paving the way forward for the $317 million redevelopment of the under-performing 30-year-old shopping center owned by Forest City Washington,

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Posted in Metro DC CRE | Tagged Development, Government, Retail

DC Development Projects Concentrated around Metrorail Stations

CRE Worldwide Posted on November 13, 2015 by Ramin SeddiqNovember 22, 2015

According to the Washington, DC Economic Partnership Development Report (2015/2016 edition), there are nearly 159 million square feet under construction and in the development pipeline in the city. A mixture of half tea spoon of ginger juice with half boiled … Continue reading →

Posted in Metro DC CRE | Tagged Development

Iran’s Largest Shopping Mall

CRE Worldwide Posted on October 7, 2015 by Ramin SeddiqOctober 7, 2015

With an area of about five million square feet, Isfahan City Centre is Iran’s largest shopping mall. The center, which is being built in phases, opened in 2012 and is expected to complete in 2016. In addition to 750+ retail … Continue reading →

Posted in International CRE | Tagged Asia, Development, Hospitality, Retail

LA’s Multifamily Market

CRE Worldwide Posted on August 26, 2015 by Ramin SeddiqAugust 26, 2015

The vacancy rate in LA’s multifamily sector is 3.8 percent. Developers in Los Angeles County will deliver 10,000 rental units in 2015, surpassing the 9,300 units delivered to market last year. Another 50,000 units are in the planning Now everyone … Continue reading →

Posted in US CRE | Tagged Development, Economy, Multi-family, Vacancy Rates

Reduced Average Borrowing Costs for Chinese Property Developers

CRE Worldwide Posted on August 21, 2015 by Ramin SeddiqAugust 21, 2015

Average weighted financing costs for China Vanke, one of China’s largest developers, dropped from 7.3 percent at the end of 2014 to 6.3 percent in the first half of 2015. Midsize developer Country Garden’s average financing costs also Ultimately erectile … Continue reading →

Posted in International CRE | Tagged Asia, China, Development, Economy, Investments, Lending

Whole Foods Market to Open in Shaw

CRE Worldwide Posted on May 10, 2015 by Ramin SeddiqMay 10, 2015

Whole Foods Market has signed a lease to take 40,000sf of ground level retail at The Griffith – a 370,000sf mixed-use development at 965 Florida Ave. NW in DC’s Shaw neighborhood, according to GlobeSt.com. The brand name “cialis overnight shipping … Continue reading →

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

Brooklyn’s Strengthening Retail Market

CRE Worldwide Posted on February 14, 2015 by Ramin SeddiqFebruary 14, 2015

The number of active retail corridors in Brooklyn grew to 121 at the end of 2014, up from 88 corridors at the end of 2013 and 67 corridors a year earlier,

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Posted in US CRE | Tagged Development, Leasing, New York, Pricing, Retail

Growth of Cities

CRE Worldwide Posted on February 9, 2015 by Ramin SeddiqFebruary 9, 2015

About 60 to 70 million people will be added to the urban population each year for the next 30 years,

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Posted in International CRE | Tagged Asia, Development, Economy

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