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Belltown site's new owner plans to build condos - Puget Sound Business Journal

This Seattle property in the Belltown neighborhood has been sold to a developer who is… more<p>King County Assessor's Office<p>The new owner of a corner …

Real Estate

Los Angeles Looks to Ban Major Real-Estate Developments

LOS ANGELES—Voters in the second-largest U.S. city are considering a measure that could effectively halt major real-estate projects, the most extreme example yet of a revolt against development that is breaking out across the country.<p>A boom in luxury development over the last five years has …

Housing

City calls do-over on plan to sell 'Mercer Mega Block' in South Lake Union - Puget Sound Business Journal

The city of Seattle on Wednesday issued a new request for real estate brokers to submit… more<p>Maps4News<p>It was big news when the city of Seattle said …

Greenbelt FBI site needs more parking than initially projected - Washington Business Journal

An overview of the combined development proposed for Greenbelt, with the FBI in the… more<p>Renard/Metro<p>Planning officials said Monday a new FBI …

Marriott maintains momentum of growth, innovation

LOS ANGELES—This year marks Marriott International’s 90th anniversary, but instead of reflection, company executives are focused on moving forward …

Prince George's County picks Wisconsin-based The Alexander Co. to redevelop former Glenn Dale Hospital - Washington Business Journal

Prince George's County has launched yet another effort to convert the historic Glenn Dale… more<p>A Wisconsin-based developer has been picked to …

The Meridian Group closes second fund with aims for $1.5 billion in D.C. commercial real estate deals - Washington Business Journal

The Meridian Group recently acquired 1901 L St. NW as part of its second real estate fund.<p>The Meridian Group<p>The Meridian Group has locked up its …

Real Estate

Paradigm, MRP eye residential on former Vulcan Materials stone yard in Alexandria - Washington Business Journal

This map shows larger industrial parcels in Alexandria's west end. The longterm plan is… more<p>A former stone and gravel processing facility in …

Skanska shows its extra support at 99 M St. SE with 72 4-ton steel rakers and 360 concrete piles - Washington Business Journal

This is a closer look at 4-ton steel rakers supporting 99 M St. SE.<p>What will eventually be a 220,000-square-foot Class A office building at 99 M St. …

Construction

Why tower builder Skanska placed a $392 million bet in Seattle - Puget Sound Business Journal

Construction of 2+U, a 38-story office tower with 665,000 square feet of office space… more<p>Picard Chilton rendering by Studio 216<p>It’s hard to find a …

Grocery Manufacturers Association signs lease with Brookfield Properties in D.C.-to-Rosslyn move - Washington Business Journal

The association considered properties in D.C. and Rosslyn before selecting Potomac Tower, GMA spokesman Roger Lowe said. An important factor was that …

Real Estate

General Services Administration sells Southwest D.C. office building for nearly $30.3 million - Washington Business Journal

The General Services Administration plans to hold an online auction starting Dec. 1 for… more<p>A mystery buyer has cast the winning bid of nearly $30.3 …

Markets

Seattle's oldest business puts prime Capitol Hill property up for sale (Photos) - Puget Sound Business Journal

Pedestrians walk along Broadway next to the historic Bonney-Watson Funeral Home in… more<p>Real estate developers have been circling Bonney-Watson's …

8 Companies Relocating Headquarters In Pursuit Of Young Talent

It used to be much simpler. Young professionals would graduate from college, research companies within their field and move to wherever the jobs …

Why Shares of Hyatt Hotels Rose 23% in 2016

The hotel company rode a wave of positive market sentiment in 2016 -- and could continue to grow in 2017.<p>What happened<p><b>Hyatt Hotels</b> (NYSE:H) stock …

Investing

IHG’s top US executive outlines robust brand growth

LOS ANGELES—Surrounded by the frenetic pace of construction at the massive $1-billion Metropolis project in downtown Los Angeles, Elie Maalouf was in …

With appeal settled, construction starts on 38-story office tower in downtown Seattle (Images) - Puget Sound Business Journal

The 2+U high-rise proposed for downtown Seattle would be lifted up above the street level… more<p>Skanska USA Commercial Development officials announced …

SB Architects Shares Top Ten Hotel Design Trends For 2017

By Scott Lee<p><b>SAN FRANCISCO (February 2, 2017)</b> – Based on the quantity, and quality, of work in the hospitality design pipeline at San Francisco-based …

Hotels

ALIS Conference 2017 – Recap

By Robert A. Rauch, CHA<p>This year’s ALIS Conference in Los Angeles was very interesting because nobody knew going in whether or not it would be …

Hotels

Reston Town Center merchants organizing legal strategy for potential case against Boston Properties - Washington Business Journal

Red Velvet Cupcakery owner Aaron Gordon is organizing merchants in pushing back against… more<p>A group of Reston Town Center merchants is exploring …

Housing

Rosslyn, Virginia, skyline then and now - Washington Business Journal

This photo, circa 1945, comes from the District Department of Transportation and shows… more<p>If you don't count the monuments on the National Mall, …

The Pinkard Group of Bethesda launches new D.C.-centric real estate fund, with first acquisition in Herndon - Washington Business Journal

The Pinkard Group has acquired 13800 Coppermine Road as part of a new fund.<p>Courtesy Google Streetview<p>Greater Washington's office market is far from a …

Commercial Real Estate

Tableau offers large blocks of its Fremont spaces up for sublease - Puget Sound Business Journal

Two levels of conference rooms at Tableau's office in Fremont are all along a hallway on… more<p>Tableau Software's appetite for office space in recent …

Loudoun's The Hub has been marketed to 691 investors with no takers. Here's why. - Washington Business Journal

A central promenade will sit in the center of The Hub, a 5.5 million-square-foot project… more<p>Polleo Group<p>The developer of The Hub, a planned 5.5 …

Urban Planning

Former Washington REIT exec Bob Elliott promoted to CEO of Chinese-backed Lantian - Washington Business Journal

Lantian Development has submitted plans for a $650 million redevelopment in Shady Grove.<p>Former Washington Real Estate Investment Trust executive Bob …

Gov. McAuliffe to announce Nestle as anchor tenant for Monday Properties' Rosslyn tower - Washington Business Journal

Swiss-based Nestle S.A. plans to relocate its U.S. headquarters from Glendale,… more<p>Virginia Gov. Terry McAuliffe confirmed on Wednesday that …

Commercial Real Estate

Howard University unveils $144 million deal for new residence halls - Washington Business Journal

A planned fitness center planned for the renovated west tower of Howard's Plaza Towers.<p>Gilbane<p>Howard University has entered a $144 million …

Construction

Nestlé exec Paul Bakus says moving from California to Virginia was the 'right choice' - Washington Business Journal

Paul Bakus, president of Nestlé Corporate Affairs, said Rosslyn was the right choice for… more<p>Daniel J. Sernovitz<p>Paul Bakus has one message for the …

Nestlé

CityCenterDC tops list of District's most valuable commercial properties - Washington Business Journal

No. 1: CityCenterDC 2016 taxable assessed value: $746.5 million 2015 value: $739.9… more<p>CityCenterDC once again topped the list of the District's …

Real Estate

The Meridian Group buys 1901 L St. NW for $75 million - Washington Business Journal

The Meridian Group purchased 1901 L St. NW from New York Life for $75 million.<p>The Meridian Group<p>Bethesda-based The Meridian Group has acquired 1901 L …

Business Planning