Amalia Otet
Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.
Hines Tapped to Manage Three-Building Energy Corridor Portfolio
Franklin Street Properties Corp. has retained international real estate firm Hines to manage its three-building office portfolio in the West Houston Energy Corridor. The multi-tenant office portfolio is comprised of Energy Tower I—a 326,000-square-foot, 14-story building located at 11700 Katy Freeway; Phase I of The Offices at Park 10,
Orlando Fashion Square Mall Trades for $35M; Duke Realty Closes Five Notable Leases
By Georgiana Mihaila, Associate Editor Pennsylvania Real Estate Investment Trust is pursuing its previously announced strategy of improving the quality of its portfolio by selling non-core assets. One of the first non-core assets to trade is Orlando Fashion Square Mall, recently sold in a $35 million cash transaction. “The sale of Orlando Fashion Square and […]
Moffitt Cancer Center to Add $74.2M Facility in Phase I Expansion
In a move to expand its Tampa footprint, Moffitt Cancer Center has recently broken ground on a 200,000-square-foot outpatient facility on its McKinley campus. A groundbreaking ceremony was held on February 1; special guests and speakers included Moffitt CEO Alan List, survivor Ron Giovannelli, State Surgeon General John Armstrong, Florida House Speaker Will Weatherford,
Wood Partners Kick-Starts 200-Unit Community in Southwest Orlando
National multifamily developer Wood Partners will soon be adding 200 units on Spring Lake, at the entrance of Doctor Phillips, one of Orlando’s most desirable residential districts. The apartment complex, dubbed The Rialto, will rise on a 5.95-acre site set at the northwest corner of Sand Lake Road and Turkey Lake Road in southwest Orlando.
Highwoods Sells Two Assets for $14.6M; Kite Realty Buys Publix-Anchored Center
Raleigh-based Highwoods Properties, Inc. has sold two non-core assets in Orlando for $14.6 million in cash. The two office properties—Metrowest Commerce Center and Cambridge in Orlando—encompass 134,000 square feet.
NAP Breaks Ground on $600M Avalon Mixed-Use Development in Alpharetta
Nine months after the ambitious Avalon mixed-use development finally got the approval of the Alpharetta City Council, developer North American Properties is now one step closer to deliver what it fondly calls “the Southeast’s preeminent experiential development”.
Energy XXI Expands Footprint at One City Centre; Law Firm Moves In at BG Group Place
Oil and gas exploration and production company Energy XXI Services, LLC has decided to expand its presence on the Main Street Corridor. The company has signed a lease expansion for 28,168 square feet at One City Centre, bringing its total footprint at 128,133 square feet.
Standard Pacific Homes Buys 675 Acres in Wiregrass Area of Tampa
Well-known homebuilder Standard Pacific Homes has officially announced buying 675 acres in the Wiregrass area of New Tampa from Sierra Properties. The developer plans to create over 20 all-new luxurious architectural designs to be offered on 1,180 homesites within four distinctive Wiregrass neighborhoods, all targeting the move-up buyer segment.
Skanska’s LEED Platinum Office Building Lands First Tenant
Skanska USA’s commercial development business unit in Houston has officially announced the first tenant lined up for its a state-of-the-art 3009 Post Oak Boulevard building, currently under construction. Datacert, Inc.—a 15-year-old global company based in Houston that provides enterprise legal management solutions—plans on relocating its corporate headquarters to the building.
New $265M Frost Museum of Science Takes Shape in Downtown Miami
With the building’s structural foundation now complete, vertical construction on the Patricia and Phillip Frost Museum of Science will now be underway. The 250,000 square-foot complex is a world-class, state-of-the-art facility designed by Grimshaw Architects that will take shape in the heart of downtown Miami.