Regions
Downtown Dallas Building Earns First IREM Certified Sustainable Property Certification
he Energy Plaza building, a 49-story office property located at 1601 Bryan Street in downtown Dallas, has become the first building in the United States to be awarded the IREM® Certified Sustainable Property certification by the Institute of Real Estate Management (IREM®).
McShane Awarded Construction on Continental Properties Development
Continental Properties has appointed McShane Construction Company’s Southeast Region to handle construction of Springs at Waukee, a 260-unit luxury apartment community to be built near Des Moines, Iowa.
Alchemy Properties’ 35XV Condo Development is 80 Percent Sold
Alchemy Properties has announced that 80 percent of the residences at its 35XV condominium development have been sold. The 24-story building is located at 35 West 15th Street in Manhattan and is expected to be completed by the fourth quarter of 2014.
Economy Watch: U.S. Economy Adds 217,000 Jobs in May
The Bureau of Labor Statistics reported that the economy added a net of 217,000 jobs in May, which wasn’t quite as much as in April, but still a reasonably healthy number.
Combined Properties Wins Zoning for Fairfax Apartments
The City of Fairfax, Va., has approved a rezoning application for a project called Fairfax Circle Plaza.
Duo of Development Partners Purchases Former Turkey Processing Plant in Colorado
Pathfinder Partners and development partner 150 Main announced that they have closed on the $4.5 million acquisition of the former Butterball Turkey processing plant in Longmont, Colo.
TODAY’S DEALS: IPA Brokers $55.3M Sale in Reno
IPA brokers AG Spanos’ sale of a 350-unit luxury asset in Reno; NorthMarq arranges a $36.3 million refinance for an apartment in Orlando; and Houlihan Parnes brokers a $1.6 million loan for a Monticello, N.Y., community.
International Campus AG and Stichting DUWO Develop Student Housing and Studios in the Netherlands
In its first international venture, International Campus AG has partnered with Stichting DUWO for the financing and development of student housing and studios targeting young professionals in the Netherlands.
Prologis Signs Build-to-Suite Agreements in China and Mexico
Prologis Inc. recently announced the signing of two build-to-suite agreements, one in China and one in Mexico.
FWHA Transforms Historic Building Into Affordable Housing
The Fort Worth Housing Authority has reopened The Knights of Pythias Lofts, an 18-unit, mixed-income multifamily housing reconstruction development in Fort Worth, Texas, as an affordable housing option for the downtown area.