Commercial Property News Home > Real Estate Industry News
News Around the Web
In N.Y., Century-Old Metalwork Shop Gives Way to Luxury Condos
May 16, 2008 - Source: New York Times
The SoHo shop John DeLorenzo and Bro. has been deemed more valuable closed than open.
FAA Officials: Planned Boston Tower Must Shrink for Safety
May 16, 2008 - Source: Boston Globe
Boston Mayor Thomas M. Menino wanted a 1,000-foot-tower in downtown Boston, but the FAA has ruled it may obstruct aircraft.
In Philadelphia's Center City, Office Market is Thriving But Jobs Struggle
May 16, 2008 - Source: Philadelphia Business Journal
The district is hitting its stride, according to Center City District's annual State of Center City report.
Children's Hospital of Michigan Plans $34 Million Pediatric Outpatient Center
May 16, 2008 - Source: Crain's Detroit Business
The hospital hopes to ease overcrowding and simplify family visits.
H&M Opens First of Series of Atlanta Shops
May 15, 2008 - Source: Atlanta Journal Constitution
The Swedish clothing retailer will debut its first in-town store at Atlantic Station on June 13.
Target, 37 Other Companies Brawl for San Clemente Acreage
May 15, 2008 - Source: Orange County Register
The site, which is located across from a proposed sports complex, is currently the subject of 41 development proposals.
University of Chicago to Create $200 Million Center Honoring Late Economist
May 15, 2008 - Source: Crain's Chicago Business
The Milton Friedman Institute will eventually be housed in facilities now occupied by the Chicago Theological Seminary.
Chicago Development Officials Green-Light Increased Subsidy for Loop Project
May 14, 2008 - Source: Crain's Chicago Business
Developer Village Green Cos. wants to redevelop a landmark 45-story office building into 313 apartments.
Gaming Board May Force Casino Sale
May 14, 2008 - Source: Crain's Detroit Business
The Michigan Gaming Control Board has set a June 10 date to decide on the forced sale of Greektown Casino, which hasn't been performing up to expectations.
New-Wave Borders Brings Interactivity to Denver Shopping Center
May 14, 2008 - Source: Rocky Mountain News
The sixth of 14 new concept stores being launched by the bookseller, the Borders at Park Meadows Shopping Center features high-def TV monitors and a suite of high-tech "destinations" to make customized music CDs.
Partnership Offloads Ridgelea Bank Building in Fort Worth
May 14, 2008 - Source: Dallas Business Journal
The 181,601 square-foot building was sold for an undisclosed amount by Dallas-based Cawley Partners and New York-based Greenstreet Real Estate Partners.
Whole Foods to Locate in Houston Complex
May 14, 2008 - Source: Houston Chronicle
The new store will be part of a 13-acre development between the downtown area and River Oaks.
Rise in Oregon Vineyards Means Expansion for Wine Center
May 13, 2008 - Source: The Oregonian
The increase in the wine country's commercial facilities -- growing from 200 five years ago to more than 350 today -- has prompted a $3.5 million expansion for Oregon Wine Services and Storage.
Residential Woes Spread to S.F. Office Market
May 13, 2008 - Source: San Francisco Chronicle
According to several reports, companies gave back more space than was leased over the last quarter -- the first time in years this has happened.
Washington DC to Lease Former Convention Center Parcel to Developers
May 13, 2008 - Source: Washington Business Journal
Hines and Archstone plan to build an upscale 400-room hotel and 100,000 square feet of additional retail space on the site.
Discussion on Atlanta-Area Hotel-Retail Complex Probably Delayed
May 13, 2008 - Source: Atlanta Journal Constitution
The Planning Commission was scheduled to consider the project slated for the Park Place community tonight, but that discussion will likely be tabled due to the developer's request.
Twice Burned, Third Time Careful: Harvard Cautious In Announcing Proposed Art Museum
May 13, 2008 - Source: Boston Globe
Neighbors have complained at least twice before when the university proposed building museums. This time, Harvard Art Museum leaders are flying under the radar.
Tesco Plans Revamp of Troubled Fresh & Easy Markets
May 12, 2008 - Source: Orange County Register
More British goods and food variety are among the changes expected to be announced early next week.
Barnes & Noble Opens Newest Central Florida Store
May 12, 2008 - Source: Orlando Business Journal
Located at Winter Garden Village at Fowler Groves, the store will stock nearly 200,000 books, music, DVDs, and magazines.
Philadelphia-Area Tower Up for $78 Million
May 12, 2008 - Source: Philadelphia Inquirer
Located in Conshohocken, about 15 miles from the Philadelphia city center, the Five Tower Bridge comprises eight stories and 224,000 square feet.
Louisiana Beer Distributor Expands Westward
May 12, 2008 - Source: Arizona Republic
Crescent Crown Distributing sustained $18 million in damage after Hurricane Katrina, but its expansion into Arizona means that today it is poised to be the largest employer in the town of Surprise.
El Cajon to Repair, Sell Six-Tenant Building
May 12, 2008 - Source: San Diego Union-Tribune
The building at 1068 Broadway will be fixed up and sold to recoup the city's costs relating to a failed partnership with the Heartland Foundation.
Dallas CRE Considered in Boom, Not Bust
May 09, 2008 - Source: Dallas Morning News
Commercial real estate executives who met in Dallas this week say the city has a brighter outlook than much of the United States.
Colorado-Based Burger Chain Has Appetite For Growth
May 09, 2008 - Source: Rocky Mountain News
Smashburger, which was launched with just one store on Denver's Colorado Boulevard less than a year ago, plans to expand to 20 locations by year's end and eventually have 500 locations nationwide.
Michigan Restaurant Chain Changes Hands
May 09, 2008 - Source: Crain's Detroit Business
The Ferndale-based bd's Mongolian Grill has been sold to New York private equity firm Kinderhook Industries.
 

Real Estate Market News for Business Success


Real estate trends have a tremendous impact on how you manage your own commercial real estate business operations. CPN's real estate market news keeps you informed of what is happening in the real estate industry, including the latest real estate trends that directly affect your business.

 

Engaging Your Employees Essential
May 09, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

The Name Game: Part 3
May 02, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating...

The Name Game, Part 2
April 25, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

The Name Game: Part 1
April 18, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

Knowledge Is Power
April 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The ability of an executive to sort out who, what, why, when, where, and how while contemplating how decisions are made will largely determine the qualitative outcome of said eventual decisions. Even though...