Real Estate Blog

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Real estate giant Cushman & Wakefield is going public, according to a filing Wednesday.

The Chicago-based company is backed by Fort Worth, Texas, investment firm TPG and is hitting the public market as shares of its larger rivals have climbed in the past year on a surging U.S. economy and consistent demand for firms that offer services to real estate investors.

The company has long been exploring going public but has not yet disclosed the number of shares being issued or the range in price, the…

The emerging trend, cropping up in some of the region’s most prominent shopping locations, is called “clicks to bricks” — and it's upending the commercial real estate game.

Hitt Contracting Inc. has broken ground on a planned innovation lab in Falls Church that it hopes will speed up the commercial real estate industry’s embrace of new products and technologies.

The 8,600-square-foot Co|Lab at 2757 Hartland Road was designed by William McDonough + Partners and is slated to open next summer. From within it, Hitt hopes to bring together architects, developers and contractors to try out concepts they’re reluctant to embrace on the job site where such experimentation…

The hotel developer says each of its properties is a “love letter to its host city.”

The James Campbell Co. and its Kapolei Properties division, along with the City and County of Honolulu, said Wednesday that a $50 million infrastructure project to improve a 1.2-mile stretch of Kalaeloa Boulevard, the main thoroughfare through Kapolei Business Park, Campbell Industrial Park and Kalaeloa Harbor, has been completed.

The James Campbell Co. financed the three-year project, which included widening Kalaeloa Boulevard to six lanes from four lanes, rebuilding and signalizing the road from…

Private employers in Hawaii added 11,600 jobs over the past year, a 2.2 percent increase that outpaced national job growth, but a record low unemployment rate “will require continued increases to the labor force,” according to the first of a three-part report from CBRE focusing on the state’s unemployment rate.

Hawaii’s statewide unemployment rate in May was 2 percent, compared to the national rate of 3.6 percent. Among the counties, Oahu’s jobless rate was 1.9 percent, Maui’s was 2…

Real estate giant Cushman & Wakefield is going public, according to a filing Wednesday.

The Chicago-based company that ranks as the largest commercial real estate firm in Greater Cincinnati is backed by Fort Worth investment firm TPG and is hitting the public market as shares of its larger rivals have climbed in the past year on a surging U.S. economy and consistent demand for firms that offer services to real estate investors.

The company has long been exploring going public but has not yet disclosed…

Arlington-based Insight Property Group has partnered with a San Francisco-based real estate investment firm to acquire a three-building apartment complex in Falls Church.

The joint venture of Insight and Pacific Coast Capital Partners LLC paid $132 million for Oakwood Falls Church, a four-building, 576-unit apartment community at 501 Roosevelt Blvd. It is located about six-tenths of a mile from the East Falls Church Metro station.

Oakwood Worldwide had been operating about half of the community…

A six-story apartment building is proposed for a vacant corner lot on South Second Street in Milwaukee’s Walker’s Point neighborhood.

Milwaukee developer New Land Enterprises LLC is seeking city approvals to build 48 market-rate apartments with a first-floor retail space. Milwaukee-based Wiechmann Enterprises would co-develop it. The neighborhood south of downtown Milwaukee already is buzzing with housing activity, with more than 360 apartments recently completed or proposed in the section…