Friday, May 11, 2012

Morning Real Estate Review


Skanska sells downtown office building to Jamestown (Costar) Having redeveloped the former church at 733 10th after taking over from PN Hoffman, the European developer sells its trophy asset for $833 p.s.f.

Selling McMillan Reservoir site, community is hard to define (Slate)  Members of the "community" weigh in to air their special interests, without much thought to the consequences on the rest of the city.

Home prices could rise 4% per year (WLTX)  Market watcher Fiserv says prices likely to rise 4% per year for the next 5 years.  Unless the economy tanks.

Housing snapshot: S&P says 46 months to clear inventory (HousingWire) The newest rate is just low enough to cause a bump up in home prices in many markets, signalling a possible end to national price declines.

Maryland Ave and 14th St., NE gets a new gas station, unwanted (CityPaper)  Locals fought the decrepit station in the hopes of something more sightly, but Joe Mamo has other plans.


1 comments:

ZVN Properties on May 11, 2012, 2:48:00 PM said...

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ZVN Properties

 

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