Japanese lead foreign investors in buying Hawaii real estate

Japanese residents were the top foreign buyers of Hawaii real estate in 2014 with 291 purchases for a total of $278 million, according to Title Guaranty.

Mike Imanaka, senior vice president of data services for the Honolulu-based title services company, told PBN that the Japanese continue to value Hawaii real estate, especially in Waikiki, with its proximity to the beach and shopping.

The Japanese also are interested in Kakaako, Imanaka said.

“When the ONE Ala Moana [luxury condominium] was developed,…

A look inside SkyHouse Dallas’ luxury tower in Victory Park

After hosting a rooftop cocktail party Thursday during much warmer weather, SkyHouse Dallas officially has opened, and some residents have already made the luxury tower their home.

About 12 percent of the 24-story, 336-unit tower at 2320 N. Houston St. in Victory Park has already leased. The tower is owned by Atlanta-based Novare Group and Batson-Cook Development Co.

The majority of the leases are for one-bedroom apartments, said Jennifer Roberts, the marketing director at Simpson Property Group,…

How do you design a new FBI headquarters space? Ask your employees.

The future FBI workspace may be decided over a ham sandwich.

The FBI’s new suburban headquarters will feature workspaces, furniture and equipment of the future, crafted to produce a collaborative, cutting-edge environment for the agency’s 11,000 employees. The design of those spaces will begin in a 2,800-square-foot lab space adjacent to cafeteria at the current J. Edgar Hoover downtown headquarters, within full, purposeful view of FBI employees on their lunch breaks.

The Justice Department is…

Seeing value in Louisville, Chicago-area companies prepare for significant industrial construction near airport

Two Illinois companies that plan more than 1.2 million square feet of speculative industrial warehouse space near Louisville International Airport could break ground on the first of two buildings next month.

Mark Saturno, chief operating officer and senior principal of Oakbrook Terrace, Ill.-based Molto Properties LLC, said construction could start on a roughly 620,000-square-foot warehouse at Renaissance South Business Park by March and be under roof by August or September, barring weather delays.

“We’re…

Arlington to make its high-speed fiber network available to businesses, federal agencies

Arlington will make its high-speed fiber network accessible to businesses, federal agencies and other organizations later this year as part of an economic development initiative unanimously approved by the County Board on Saturday.

Arlington will license access to a 10-mile dark fiber line it will own and maintain traversing economic centers, including the Rosslyn-Ballston corridor, Glebe Road, Columbia Pike and Crystal City. It will be an extension of the county’s existing fiber network the county…