The shopping center occupancy rate in the Dallas-Fort Worth area is at 90 percent – the highest number in 10 years, according to The Dallas Morning News. Net retail leasing in the DFW market added about 2.7 million square Those … Continue reading →
Retail real estate developer/owner Edens Investment Trust recently closed a $1.47 billion equity transaction that will allow the company to expand its portfolio from $4 billion to $7 billion, according to The Washington Post. Blackstone Group bought out the State … Continue reading →
In a 5 to 2 vote, the Maryland Video Lottery Facility Location Commission awarded MGM Resorts International the state’s sixth and final casino license to build a $925 million casino resort at National Harbor in Prince George’s County, MD – … Continue reading →
Washington Adventist Hospital – a 252-bed acute care facility in Takoma Park, MD is making its second bid since 2006 to move to a 48-acre site which it purchased in 2007 off of Plum Orchard Drive and Cherry Hill Road … Continue reading →
Residential building permits are being issued at their fastest pace since June 2008. Recent U.S. Commerce Department data shows a 15 percent surge in multifamily permits nationwide with about one in three building permits issued this year being for the … Continue reading →
Demand for commercial property is on the rise in Accra due in part to Ghana’s burgeoning oil industry. The average retail rent in Accra increased by 50 percent over the past year to about $5.60/sf, compared to $2.88/sf in Namibia … Continue reading →
In response to rising demand, many town house office buildings in central London are being converted back into residential properties. The average cost of a home in London has increased by nine percent in the year to September and is … Continue reading →
George Washington University’s real estate investments have tripled over the past decade and appreciated by $20 million in the past year, totaling $813 million by Q3 2013, according to Hypnosis can not only deliver strategies to aid resolve the issue … Continue reading →
The MTA is selling a 550,000sf site in the Pelham Gardens area of Bronx to a partnership of Grid Properties and Gotham Organization for $30.5 million,
Continue reading →DC Mayor Vincent C. Gray vetoed the Large Retailer Accountability Act of 2013. In a letter to DC Council Chairman Phil Mendelson, the Mayor cited six “fundamental misunderstandings” about the effects of this legislation: The bill is not a true living-wage … Continue reading →