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Hits and Misses of the Real Estate Week of Nov. 13-17

Hits and Misses of the Real Estate Week of Nov. 13-17

by Phil Hall | Nov 17, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new office building in Chicago, good news on FHA’s MMI Fund and Nevada teachers fighting against public funding of a baseball stadium. From the wild and wooly world of real estate, here are the hits and misses for the real estate week of Nov. 13-17. Hit: A New...
Groundbreaking Ceremony for New Chicago Office Development

Groundbreaking Ceremony for New Chicago Office Development

by Phil Hall | Nov 16, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Reports of the office property sector’s fraying health don’t appear to have reached Chicago, as the construction company Skender joined developer Fulton Street Companies and community leaders today to celebrate the groundbreaking of 919 W Fulton St., a new 11-story...
W.P. Carey to Exit the Office Property Space

W.P. Carey to Exit the Office Property Space

by Phil Hall | Sep 21, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

W.P. Carey Inc. (NYSE: WPC), the New York City-based net lease real estate investment trust, announced that it will begin to jettison the office assets within its portfolio. The company is exiting the office space in a two-pronged approach. The first strategy involves...
The Stack, North America’s First Zero Carbon Office Tower, Opens in Vancouver

The Stack, North America’s First Zero Carbon Office Tower, Opens in Vancouver

by Phil Hall | Sep 12, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Oxford Properties Group has formally opened The Stack, a Vancouver office property that is the first high-rise commercial tower in North America built to zero carbon standards. The 37-story, 550,000-square-foot complex is also the first office tower to attain the...
Dubai Developer Damac Enters London’s Office Property Market

Dubai Developer Damac Enters London’s Office Property Market

by Phil Hall | Aug 7, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Dubai property developer Damac, which is mostly known for its luxury hospitality properties, is buying London office space for first time. According to a Financial Times report, the company is preparing to acquire office properties at bargain prices and upgrade...
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