Regions Southwest
Housing Prices Fall Most in Philadelphia, Las Vegas
May 09, 2008
The largest three-month declines for house prices occurred in Las Vegas and Philadelphia, off 5.1 percent and 4.5 percent, respectively, according to the Altos 10-City Composite Price Index.
Research Shows Growing Pipeline of Datacenter Development
May 08, 2008
According to results from a study commissioned by San Francisco-based internet gateway datacenter owner Digital Realty Trust Inc., the number of datacenter projects on tap for the U.S. over the next 12 months is substantially higher than the anticipated figures from one year ago.
Contractor Chosen for Conversion of Prison into Museum
May 08, 2008
The Houston Chronicle reports that the Sugar Land City Council recently tapped E.E. Reed Construction L.P. to serve as general contractor on a project that will transform the 43,000-square-foot former Central State Farm Prison Building into a space to house part of the new Houston Museum of Natural Science at Sugar Land.
Vista Picks JLL To Rep Mixed-Use in Houston
May 07, 2008
Houston-based Vista Equities Group has selected Jones Lang LaSalle Retail to represent its $150 million Main Street-styled mixed-used development, LaCenterra at Cinco Ranch.
Denver Economy Stable, Luring Renters
May 06, 2008
The Denver apartment market will remain reasonably healthy in 2008, though competition from the region’s shadow stock will offset some of the recent improvements to fundamentals, according to a first-quarter Apartment Research Report by Marcus & Millichap Real Estate Investment Brokerage Group.
Dallas-Fort Work Metroplex Draws Renters
May 06, 2008
Dallas/Fort Worth will remain economically strong this year, according to a first-quarter report by Marcus & Millichap Real Estate Investment Brokerage Co.
REIT Closes on 4 West Coast Office Buildings Totaling 275,000SF
May 05, 2008
Two weeks after announcing its plan to acquire seven office buildings in Southern California and Arizona, Pacific Office Properties Trust has closed on the purchase of four properties in San Diego and Phoenix. The REIT bought the assets, which total 275,000 square feet, from The Shidler Group.
KBR Plans 1MSF Office Complex in Houston Suburb
May 05, 2008
As the Energy Corridor of Houston moves outward toward the suburb of Katy, Houston-based KBR plans to ink a deal for almost 1 million square feet of office space in a long-term lease in a campus off Grand Parkway and Interstate 10. Financials of the deal were not disclosed.
Berkshire Completes $62M Texas M-F Sale
May 05, 2008
Berkshire Income Realty Inc. has completed the sale of St. Marin/Karrington Apartments, a 600-unit multi-family apartment community located in Coppell, Texas. The sale price of the property was $62 million, or $103,000 per unit.
New Data Center in Dallas
Dallas-based tech services firm Clearview Managed Services has opened a 20,000 square foot facility on LBJ Freeway.
Dallas Firm Breaks Ground on Two Suburban Hotels
May 02, 2008
In an area sorely lacking a select service hotel with meeting space, Dallas-based Jackson-Shaw broke ground on two Marriott hotels and announced the completion of the first phase of The Cascades at The Colony, a 100-acre master-planned community located along the State Highway 121 corridor in the Dallas suburb of The Colony.
Ryan Cos. to Break Ground On Phoenix Project
May 02, 2008
Grubb & Ellis|BRE Commercial L.L.C. has announced its client, Ryan Cos., has closed on the sale of 4.8-acres of land at 3900 E. Camelback Road and is ready to break ground on 3900 Camelback Center, a 177,500-square-foot Class A office development.
Dallas
Houston
Contractor Chosen for Conversion of Prison into Museum
May 08, 2008
The Houston Chronicle reports that the Sugar Land City Council recently tapped E.E. Reed Construction L.P. to serve as general contractor on a project that will transform the 43,000-square-foot former Central State Farm Prison Building into a space to house part of the new Houston Museum of Natural Science at Sugar Land.
Vista Picks JLL To Rep Mixed-Use in Houston
May 07, 2008
Houston-based Vista Equities Group has selected Jones Lang LaSalle Retail to represent its $150 million Main Street-styled mixed-used development, LaCenterra at Cinco Ranch.
Phoenix
35 Condos at Phoenix-Area Trammell Crow Project to Hit the Auction Block
May 08, 2008
It was only in 2006 that Trammell Crow Residential opened the sales center for the 171 luxury condominiums at The Quarter in Glendale's $1.5 billion mixed-use Westgate City Center, but just two years later, the company has decided to go with the flow of the housing downturn and auction off the remaining 35 units.
The Best Commercial Office Spaces in the Southwest
The commercial real estate industry is constantly changing. Today's challenging commercial industrial real estate can easily end up being tomorrow's hottest commodity. Keep up with the changes in the Southwest commercial real estate market by taking advantage of CPN's in-depth reporting and exceptional journalism.
|
|
