Wednesday, February 22, 2012

Morning Real Estate Review

Ruben plans 400 unit apartment building near ballpark (JDLand) Plans for the old JPI site, now known as "20 K", will be designed by Shalom Baranes.

TIAA-CREF buys shops at Wisconsin Place (Retail Traffic) New England Development sold the retail portion of the mixed-use development, anchored by Whole Foods, for $113m.

Fannie Mae says housing to boost housing to boost GDP for first time in 7 years (HousingWire) Growth seems to be rebounding, and though housing is not expected to be a big contributor, indicators point toward modest improvement.

Commercial real estate giant Grubb & Ellis files for bankruptcy (HousingWire) The California based firm seeks Chapter 11 court protection.


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