Commercial Property News Home > Real Estate Business News > Real Estate Development News
Business Specialties Development
Protective Measures
May 09, 2008
The month of March proved to be a test of building owners’ ability to protect themselves against disaster. On March 14, as many as 14 tornadoes touched down in Georgia, including Downtown Atlanta and its surrounding communities.
Sares Regis Takes California Industrial Facility, Plans Expansion
May 09, 2008
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
Legal Battle May Follow End of EnCap’s Meadowlands Project
May 09, 2008
A once-promising proposal to transform landfills in Northern New Jersey into an 800-acre master-planned community now appears headed for a long legal battle. 
Waterfront Toronto Waterfront Toronto Selects Development Partners for West Don Lands
May 09, 2008
Waterfront Toronto, a entity set up by the Canadian federal government and the governments of Ontario and Toronto, has selected development partners for the first phase of West Don Lands, a mixed-use project that is in turn part of a much larger, decades-long redevelopment of 2,000 industrial or formerly industrial acres along Lake Ontario near Downtown Toronto.
Atlantic Yards MTA, Tishman Speyer Hit Roadblock on Hudson Yards Talks
May 09, 2008
The massive redevelopment of rail yards on Manhattan’s Far West Side is in limbo after talks between Tishman Speyer Properties and a local transit agency broke down late yesterday afternoon.
$1.1B Made Available for Development of Stem Cell Research Facilities in California
May 08, 2008
In an effort to accommodate the demand for more stem cell research in California, a group of organizations has committed an aggregate $831 million for the construction of facilities to be designed specifically for stem cell research activities. The funding will allow for a total of $1.1 billion for the projects, which will be located across the state.
44-Acre Purchase Paves Way for Durham M-F Project
May 08, 2008
Development of Phillips Research Park, a 344-residence apartment project in Durham, N.C., edges closer toward realization with Phillips Development & Realty L.L.C.'s completion of the acquisition of 44 acres of land. The parcel sits just north of the renowned 7,000-acre Research Triangle Park, the largest research park in the United States.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
In Apartment Sector, Better to Buy Than Build
May 08, 2008
If you’re an apartment property buyer and can obtain financing, now is a good time to find opportunities. But developers would do well to lay low. That was the message from Greg Willett, vice president of research & analysis for M/PF Yieldstar, speaking today during the session “The Flight to Multi-Family: Today’s Apartment Market” at the National Association of Real Estate Editors’ 42nd annual real estate journalism conference. 
addison project UDR Breaks Ground on $1B Dallas-Area Mixed-Use
May 08, 2008
Denver-based UDR Inc. broke ground today on a $1 billion, 99-acre multi-family, retail and commercial development in the Dallas suburb of Addison, Texas.
Ontario's Next Generation Jobs Fund Likely to Have Real Estate Impact
May 08, 2008
The government of Ontario is on the verge of awarding a new series of grants to local businesses, a move that promises to stimulate demand for certain kinds of real estate indirectly, particularly space suitable for high-tech research or manufacturing.
State Announces $25M in Funds for Building, Refurbishing Affordable Housing
May 08, 2008
New York State's push to increase its pool of affordable housing marches on as Gov. David A. Paterson announces that $25.5 million in grants and financing will be doled out for the renovation of 396 multifamily units in communities across New York City and in the western portion of the state.
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.
Denver Office Building Gets Under Way with New 330,000SF
May 08, 2008
With a 330,000-square-foot lease agreement from Xcel Energy in hand, Westfield Development Co. has just commenced construction of a 500,000-square-foot office tower in Denver's central business district.
$165M Loan Moves Mixed-Use Hotel Project Forward in Austin
May 07, 2008
Development of the W Hotel & Residences in Austin gets a boost now that construction financing has been put in place.
$375M in Funding to Kick Off Michigan Casino Project
May 07, 2008
The last piece of the financial puzzle for constructing the FireKeepers Casino in Battle Creek, Mich., has been put in place with the FireKeepers Development Authority's closing on $375 million in financing.
Cantor Fitzgerald Launches Opportunistic Real Estate Fund
May 07, 2008
New York City-based Cantor Fitzgerald L.P. today launched a real estate investment fund--dubbed Cantor Real Estate L.L.C.--and appointed Andrew Stark as executive managing director.
N3 Launches Big Box Initiative
May 07, 2008
N3 Real Estate has announced its entry into the big box development field.
KBR to Acquire BE&K for $550M
May 07, 2008
KBR, a Houston-based global engineering, construction and services company, has announced that it will acquire BE&K Inc., a privately held, Birmingham, Ala.–based engineering, construction and maintenance services company, in a transaction valued at $550 million.
zaragoza ProLogis to Develop 860,000SF Pre-Leased Distribution Facility in Spain
May 07, 2008
ProLogis has unveiled plans to develop and lease an 860,000-square-foot industrial facility in northern Spain to Bosch-Siemens Home Appliance.
New Kids' Museum Sets Grand Opening for October
May 07, 2008
The Please Touch Museum, currently occupying 11,000 square feet at 210 N. 21st St., will make its debut at its new location on October 18, officials of the Philadelphia arts facility just announced.
$18M Loan Paves Way for Beverly Hills Office & Retail Building
May 07, 2008
A plan to convert a former gas station site in Beverly Hills into the home of a 30,000-square-foot spec office and retail structure gets a boost with Newmark Realty Capital Inc.'s orchestration of an $18.1 million loan for the project
Construction of $1B Suburban Dallas Mixed-Use Residential Begins Thursday
May 07, 2008
Dallas Morning News reports that multifamily real estate investment trust UDR is kicking off construction of Vitruvian Park, its massive mixed-use apartment compound on 100 acres in Addison, Tex.
Grant Helps Pave Way for New 25,000-SF Special Olympics State HQ
May 07, 2008
Special Olympics Massachusetts' plans for the construction of a new headquarters in Marlborough gets a $2.5 million boost, courtesy of a grant awarded by the Yawkey Foundation, the Boston Globe reports.
Behringer Harvard Announces MF Development in Denver
May 07, 2008
Behringer Harvard has announced its investment in Alexan Prospect, a 400-unit multi-family community slated for construction in the Central Platte Valley, a 120-acre area immediately west of the Denver central business district.
 

Building Commercial Development Momentum


Urban development has led to a surge in commercial development projects and practices. CPN leads the pack when it comes to reporting all the headline real estate market news. Take your business to the next level with Commercial Property News.

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...