President Obama’s announcement of the restoration of diplomatic relations between Havana and Washington opens the prospect of US real estate developers entering the Cuban market to address that country’s aging infrastructure and untapped potential. Cuba is the second-most visited Caribbean … Continue reading →
The industrial sector vacancy rate declined by 21 basis points during Q3-2014 to 7.5 percent in the US and four percent in Canada, according to GlobeSt.com (citing research from Colliers International). Third quarter development Only a few people have gone … Continue reading →
Since the 2010 economic recovery and related real estate boom, developers have initiated projects that would replace 23 gas stations across San Francisco,
Continue reading →The pro-democracy protests in Hong Kong are taking a toll on the city’s real estate and retail sectors. Shares of Sun Hung Kai Properties Ltd. – the city’s largest property developer – have dropped by 5.4 percent over the past … Continue reading →
The Wilkes Company and Quadrangle Development Corp. recently purchased two parcels on Third Street NW from the District of Columbia for $3.74 million. The developers intend to build a 350,000sf (324 unit) residential building (The Cantata) with a retail component and … Continue reading →
Whole Foods Market has signed a lease to take 40,000sf at Belmont Chase – a new retail development with six separate buildings totaling 86,808sf, according to CoStar. This will be the first Whole Foods Market in Loudoun County, Virginia. Other … Continue reading →
Property sales in China declined by 9.2 percent in the first half of 2014, according to The Wall Street Journal. The slowdown in the housing market has led to increased investment in larger, potentially more Millions of men are using … Continue reading →
Real estate transactions and construction accounted for 12.7 percent of China’s gross domestic product and 15.1 percent of its GDP growth last year, according to The Wall Street Journal (quoting According to surrey, 90% viagra cialis levitra of men have … Continue reading →
Capitol Real Estate Development recently secured a $5 million loan to begin construction on Phase I of a housing development in DC’s Congress Heights neighborhood. This phase includes 26 homes with prices ranging between $240,000 and $360,000 and is expected … Continue reading →
Embraced by the architecture firm Gensler, a “hackable” building “is an existing structure that has been adapted beyond recognition, quickly incorporating a diverse mix of multiple uses within its core.” As market conditions change, buildings that were originally designed and … Continue reading →