
Engel & Vôlkers North Mallorca and Menorca, Spain opens their first real estate office in Punta del Este, Uruguay. In this major strategic move, E&V are expressing their confidence in the international real estate market which continues to recover from economic downturn, with an increasing number of people seeking their place in the sun. Since the early 1960’s, Punta del Este has made its mark on the international “jet set”...

The affluent consumer market is on the rise. The Luxury Consumption Index (LCI) shows that consumer confidence is increasing, as the average dollars spent on luxury goods is up ytd and from first quarter to second quarter of this year. Buyers, brokers and developers alike express optimism, forecasting that the more than two-year decline in homes sales is over and that the consumer market is emerging from the recession, putting purchasing power back...
The Kathy Magner Group of Windermere Real Estate announces the availability of the first phase of Belvedere’s luxury view home sites in Bellevue, Washington. The first eight properties are currently listed on the market and are priced from $695,000. The 95 sites are architect ready and are able to accommodate individual homes of up to 12,000 square feet. Located on 45 acres on the southwest face of Cougar Mountain, Belvedere offers ready-to-build,...
The Streets of Buckhead, a world-class luxury destination that combines international boutiques, fine dining and exclusive residences in a streetscape setting welcomes upscale clothiers Brioni, Leggiardo and Shirts & Co. by Domenico Vacca. Ben Carter, founder and chairman of Ben Carter Properties, is creating the region’s premier luxury shopping experience in the heart of Atlanta’s affluent Buckhead community. The development already boasts...
CGI Real Estate Holdings, LLC, a Bloomington Indiana-based Cook Group company, purchased two buildings in downtown Canton, in June. The Randolph building, built in 1883, located at 3 & 5 East Side Square and 15 East Side Square are now being renovated. “These are great old and once-vibrant buildings. It will be a joy to bring life back to them,” said Jim Murphy, President, CFC. Inc., Cook Group’s real estate development and management company. CFC,...
Cubellis, an international architecture, interior design and engineering firm, is pleased to announce that it has been selected by Exeter Property Group to complete the expansion of the Dorsey Commerce Center. With the growing demand for warehouse space, Exeter Property Group is expanding the Dorsey Commerce Center in Jessup, Maryland, and is planning the construction of two new warehouses, designed by Cubellis. The expansion project, slated to begin...
James A. Cook, founding owner/broker at Colorado Group Realty, announced today that given his increased involvement with multiple development projects in the Steamboat Springs market he will pass the baton as the lead real estate broker for the sale of the remaining residential units at Alpen Glow and Howelsen Place. Commencing November 1, 2008, sales and marketing for Alpen Glow and Howelsen Place will be managed by Ski Town Lifestyle Properties...
Weingarten Realty Investors announced that iconic Houston restaurateurs Tony and Jeff Vallone will open a new signature bistro and wine bar at River Oaks Shopping Center in early fall 2009. The yet-to-be-named Italian restaurant and wine bar will be a highlight of the newly redeveloped northwest corner of the center, located at the intersection of Shepherd and West Gray. Featuring a first-floor dining room and outdoor dining area and a second level...
Maguire Properties, Inc., a Southern California-focused real estate investment trust, announced today it has executed a new lease for Hyundai Motor Finance Company for approximately 100,000 square feet in the 3161 Michelson building in Park Place in Orange County, California. Hyundai is expected to occupy its new space in second quarter of 2009. Designed by architect Richard Keating, the 3161 Michelson project is an architecturally significant, 20-story...