Real Estate Blog

In a city dotted with construction cranes and gleaming, modern high-rises, there is something rare happening at Sixth and Lavaca streets: a century-old former post office is being incorporated into the design of one of downtown Austin's new skyscrapers.

Developer Trammell Crow Co. and brokerage firm CBRE Group Inc. recently provided a sneak peek of the work happening inside the historic Claudia Taylor Johnson Hall, next to the construction site for 36-story Indeed Tower, which is rapidly going vertical.

Many…

The Jefferson Hills Zoning Hearing Board on Thursday released a report on why it invalidated the approval of a permit by a UPMC entity that would have greenlit a hospital the health care system wanted to build in the borough.

The hearing board, after months of deliberation and multiple nights of hearings beginning in February, voted Sept. 16 to turn down the permit. But it also announced at the time it would provide findings of fact within 45 days. That was done Thursday, which started a 30-day…

The property owner said she was “surprised” by the plans because the land isn't under contract.

Considered the lead designer for Ambius' eastern Massachusetts, Maine and New Hampshire markets, Ciccia and her colleagues have worked transforming commercial spaces for clients ranging from Cumberland Farms to Verastem Oncology.

A vacant site in TM Montante’s Riverview Solar Technology Park has been selected by Amazon Logistics to develop a warehouse and distribution center.

Amazon confirmed it will be building the $25 million, 134,000-square-foot “Delivery Station”, with the intent of opening the complex by late 2020.

Several hundred full- and part-time jobs are expected to be created.

For Amazon, it will be the behemoth’s second “Delivery Station” following one it opened three years ago in Lancaster.

And,…

Realty Financial Partners spent millions tearing down the old, enclosed Latham Circle Mall to build the outdoor shopping center at the intersection of Route 2 and Route 9 — one of the busiest in the Albany region.

To paraphrase an old saying: A billion here, a billion there, and pretty soon you are talking about real progress in addressing the Bay Area’s housing shortage.

That at least is the hope and intent of Google and Facebook. As we report in this issue’s Peninsula Structures special section and online, this week Facebook matched Google’s $1 billion pledge toward housing efforts focused primarily in an around the Peninsula with a $1 billion promise of its own.

This couldn’t come at a better…

One of the largest single-deeded plots of land on the entire East Coast is coming to market. It’s less than two hours from downtown D.C. And it’s being listed for $75 million.

It might cost a bit more if you want the herd of cattle that currently makes its home on the range.

Eldon Stock Farm, which totals 7,100 acres in the shadow of the Blue Ridge Mountains just south of Sperryville, Virginia, has been with the Lane family since 1961. The property includes four modest homes and dozens of…

A Florida real estate investment company sold a Raleigh multifamily community for over nearly $50 million earlier this week.

Miami-based Starwood Property Trust (NYSE: STWD) sold the Andover at Crabtree to Magnolia Capital, a real estate investment and property management firm out of Chicago.

Starwood sold the property for $48.5 million after purchasing the site in 2015 for $18.6 million.

The property is made of two tracts — 18 and 21 acres — and is at 6200 Riese Drive in Northwest Raleigh.…

Fort Worth-based Riverside Homebuilders is teaming up with online real estate platform Opendoor in a partnership designed to help Riverside sell more houses by simplifying the process for potential buyers.

Under the agreement, potential Riverside customers who first need to sell their existing home can request an all-cash offer from Opendoor and get one on eligible homes within 24 hours, said Derek Schairer, Opendoor's general manager of homebuilder partnerships.

If the customer accepts Opendoor’s…