Commercial
Miami City Approves Walmart’s Midtown Store Plans Much to Citizens’ Displeasure (VIDEO)
Vornado Realty Trust Buying Stake in 650 Madison Avenue
Visiting another Ghost Town, Tianducheng, Mini Paris in China (VIDEO)
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Not everybody loves the Pritzker Prize-winner, abstract-building-designer architect, Zaha Hadid, especially not the Beijing Cultural Heritage Protection Center. The group has accused the architect's latest project in the city, the Galaxy Soho Shopping Complex, of "destroying the city's heritage" and violating numerous preservation laws and regulations, according to several media reports. Yahoo Relocating Local San Francisco Team to Chronicle Building
Tech giant Yahoo! Inc. announced Thursday in its Tumblr blog that it will be moving its San Francisco team to the Chronicle Building at Fifth and Mission later in the year. The company has signed a five-year lease for office space of more than 70,000 square feet, according to several news reports. Cousins Properties Inc Buying Texas Office Portfolio for $1.1 Billion
Cousins Properties Inc, a major Real Estate Investment Trust based in Atlanta has agreed to purchase a large portfolio of office properties in Texas for around$1.1 billion in an effort to expand its business. The portfolio includes 5.3 million square feet of commercial office space, according to several media reports. Brookfield Asset Management Raises $4.4 Billion for Real estate Fund Surpassing Target
Brookfield Asset Management Inc, the Canadian asset managing firm, has reportedly raise $4.4 billion for its global real estate fund. The amount is one of the largest raised since the financial crisis and has surpassed the $3.5 billion target, the company actually affixed, according to several media reports. UPDATE: Sheraton Huzhou Hot Spring Resort to Open in August (VIDEO)
The Sheraton Huzhou Hot Spring Resort is officially opening its doors in August 2013. The famous "horseshoe shaped" hotel, The Sheraton Huzhou Hot Spring Resort, first grabbed headlines sometime back in February for being one of the most elaborate hotels of the Sheraton Hotels and Resorts brand. The Versace Mansion, Casa Casuarina, to be Auctioned in September
The famous Casa Casuarina that once belonged to late fashion mogul and founder of couture brand 'Versace', Gianni Versace, will reportedly be auctioned off on September 10, 2013. Witnessing Flying Porches at the Goodwood Festival of Speed (VIDEO)
An amazing streamlined structure that features three Porsche 911s, shooting up like rockets in the sky has been created by architect, Gerry Judah. The installation was made to pay a tribute to the golden jubilee of the Porsche 911. This sculpture is the highest structure ever been made for the festival and is the first Porsche centrepiece in over ten years. Samsung Building New Headquarters at Silicon Valley (PHOTOS)
Tech Giant Samsung is all set to break ground on the construction of its brand new headquarters in Silicon Valley, California making it the latest addition to the growing tech hub. It will now be joining some of its rivals like Apple, Google and Facebook, who have already started building head offices in the area. BlackRock Selling Seattle Office Buildings Worth $70 Million
BlackRock Inc, a renowned asset management firm is selling away two of its major downtown Seattle office properties to a unit of Morgan Stanley for about $70 million. US Office Property Market Growth Slow; Vacancy Rate Stagnant
U.S. property market growth remained sluggish in the second quarter of 2013 with rents climbing little and vacancy rates remaining stagnant. The slow growth is attributed to the lack of improvement in the government employment sector of the country, according to several media reports.
