Commercial

Commercial Property Sales Decline in Australia

Australian retail real estate markets are hitting new lows. In the fourth quarter of 2012, total sales declined by 33 percent. The decline is attributed to decreasing foreign investment activity in the country.

Boston’s 100 Federal Street to Add Retail at its Base

The famous financial district building of Boston, 100 Federal Street, will soon see some retail store additions at its base. Rumors have it that most of the stores will be eateries. However, the place has not been leased or rented to any entity yet.

Construction Bells Ringing for the Long Stalled Seward Park Lot

Construction plans for the vacant Seward park lot, lying at the foot of Williamsburg Bridge were stalled for a few decades. However, the Economic Deportment Corporation has finally released a Request for Proposal soliciting developers to bid for construction contracts at the site.