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Washington Commanders Select Joint Venture to Construct New DC Stadium

Washington Commanders Select Joint Venture to Construct New DC Stadium

by Phil Hall | Aug 12, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Washington Commanders have selected a joint venture of Clark Construction Group, Mortenson, and Smoot Construction Company of Washington, DC to lead the construction of its new 1.8 million-square-foot stadium in Washington, DC. The new 65,000-seat enclosed stadium...
Data Center Construction in June Totals $22.3 Billion

Data Center Construction in June Totals $22.3 Billion

by Phil Hall | Aug 3, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Spending on data center construction totaled $22.3 billion in June, the second-highest monthly total on record. According to a new data report from ConstructConnect, June’s total was second only to the January record high of $25.5 billion. Year-to-date spending on...
Work Halted on Another NYC Office-to-Residential Conversion Project

Work Halted on Another NYC Office-to-Residential Conversion Project

by Phil Hall | Jul 30, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City’s Department of Buildings halted work on another office-to-residential construction project. The Wall Street Journal reports construction was paused at 750 Third Avenue, a 35-story office building that is being converted by developer SL Green (NYSE: SLG)...
Builders Remain Pessimistic Over Single-Family Home Market

Builders Remain Pessimistic Over Single-Family Home Market

by Phil Hall | Jul 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes fell two points to 34 in July, down from an upwardly revised reading of 36 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any HMI level...
Q2 Retail Construction Activity Mostly Flat

Q2 Retail Construction Activity Mostly Flat

by Phil Hall | Jul 14, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Approximately 72.1 million square feet of retail space was under construction nationally during the second quarter, barely changed from the first quarter and up less than 1% from one year earlier. According to data from CoStar Group (NASDAQ: CSGP), the amount of new...
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