A proposal from Trump Hotel Collection and private-equity investor Colony Capital was selected by the General Services Administration to redevelop Washington’s Old Post Office Building into a luxury hotel.
The Green Street Advisors Commercial Property Price Index remained unchanged in January as investors stayed cautious about the direction of the U.S. economy.
Developer Robert Congel’s drive to create one of the largest malls in the country, in Syracuse, N.Y., is back in gear after almost being upended by the economic downturn and a nasty court battle with Citigroup.
The risks of speculative office building are obvious at the 11 Times Square skyscraper. More than a year after it opened, the 1.1 million square-foot building is about 60% empty and unleased.
Boston Properties Inc. and SL Green Realty Corp. reported stronger-than-expected quarterly earnings, a sign that the nation’s largest office landlords have been able to boost revenue despite tepid job growth.
The price tag for One World Trade Center, the signature skyscraper under construction at Ground Zero in New York, has risen to more than $3.8 billion, making it by far the world’s most expensive new office tower.
The family behind Opus, once one of the largest private developers in the country, is making a comeback after settling battles with creditors and former employees.
The estate of Lehman Brothers Holdings Inc. is now the owner of a Montana ski and golf resort, after assuming control of the assets of Moonlight Basin Ranch LP.
Many office property owners that have been able to keep their heads above water are being undone by tenant contractions and the expiration of five-year leases that were signed at the peak of the boom.
Korman Communities is expanding its AKA brand of luxury, extended-stay hotels to Los Angeles, seeking to cater to the entertainment-industry clientele that it already serves with its four hotels in New York.
One of real estate’s least-exciting businesses—warehouses that allow people to store their unused sofas, lamps and other household goods—have become a hit with investors.
U.S. malls and shopping centers experienced a slight improvement in occupancy during the fourth quarter, a relief for landlords that have been battling lackluster demand from retailers for most of the downturn.
Houston’s lack of nostalgia for historic buildings went on vivid display Sunday when a 60-year-old office tower once considered a masterwork of modern architecture was demolished.
The U.S. office market showed modest signs of improvement in the last three months of 2011, as the national office-vacancy rate fell slightly from the previous period.
A fight is brewing between two of China’s biggest property developers as they wrestle for control of a commercial real-estate site in the heart of Shanghai.