Adriana Pop
Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https://www.linkedin.com/in/ioana-adriana-pop-811772108/.
INTERNATIONAL: Canada Pension Plan Investment Board Forms JV to Develop Massive M-U Project in China
The Canada Pension Plan Investment Board’s construction plan for a major mixed-use development in China’s Jiangsu Province marks the company’s first project of its kind in this part of the world.
Pedcor Breaks Ground on Second Phase of Carmel’s Mixed-Use City Center
Construction on the second and final phase of the massive Carmel City Center redevelopment has begun.
Hilton Plans Entree into Last Hampton-Less Bastion
Hilton Worldwide’s subsidiary Hampton Hotels has announced plans to open a 175-key property in Hawaii, the last U.S. state without a Hampton hotel to date. Construction on the project is expected to begin in mid-2015.
INTERNATIONAL: Central Equity Expands in Melbourne with Another Development
A leader and pioneer in Melbourne’s residential market, Central Equity continues to spread its wings in the city by tapping Brookfield Multiplex to build a residential tower in its CBD.
Leed’s Announces Additional Expansion at Westmoreland County Industrial Park
By Adriana Pop, Associate Editor Promotional industry manufacturer Leed’s is planning the construction of a 240,000-square-foot warehouse on a 28.11-acre site in Westmoreland County. The company has reached a six-month option agreement with the Westmoreland County Industrial Development Corp. to purchase the property. According to the Pittsburgh Business Times, the new facility, which will be […]
Crescent Communities Completes Sales of Two Multi-Family Properties to Berkshire Group Affiliate
by Adriana Pop, Associate Editor Charlotte-based Crescent Communities recently sold the 303-unit Crescent Ninth Street apartment complex in Durham. According to the Triangle Business Journal, a Berkshire Group affiliate paid $77 million, or approximately $254,000 per unit, to acquire the property. In another recent transaction, the company purchased the 282-unit Crescent Cameron Village apartment community on […]
Lennar to Develop Carolina Row Mixed-Use Project; Dilweg Completes $22M Refinancing Loan for Capital Center Office Complex
Lennar Commercial is now the new developer of the 10-acre Carolina Row at Crabtree Valley retail complex on Glenwood Avenue in Raleigh.
Major Multifamily Community Coming to Negley Avenue; King Penguin Opportunity to Acquire the Lawyers Building
A new 140-unit apartment development called Mellon Orchard could soon rise on Negley Avenue in Pittsburgh.
Alexander & Baldwin Buys Honolulu Industrial/Office Building for $39M; Lahaina Cannery Mall Sells for $58.5M
In a $39 million deal, Alexander & Baldwin Inc. has acquired Kakaako Commerce Center, a seven-story warehouse and office building in downtown Honolulu.
Cummins Plans 10-Story HQ in Downtown Indianapolis
Diesel engine manufacturer Cummins Inc. has unveiled its plans for the construction of a new 10-story global distribution business headquarters in downtown Indianapolis.