National Commercial Real Estate News From CoStar Group
New Apt. Projects Push Work for Architects to Two-Year High
Billings at architecture firms, a leading indicator of future commercial construction activity, rose in September at their fastest clip since August 2010.
According to the American Institute of Architects (AIA), the September Architectural Billings Index rose 1.4 points to 51.6. The ABI Index predicts hard construction spending that will occur nine to 12 months ahead.
Any index number above 50 indicates an increase in billings. A separate index...
In The Pipeline: CoStar Development & Construction News for Oct. 21 - 27
In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail.
San Francisco's Transbay Tower Cleared For Construction