Eliza Theiss
Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com
Trinity Partners Leases 176KSF at Shopton Ridge; Trinity Capital Buys Two Office Buildings in Toringdon
Southwest Charlotte’s Shopton Ridge Industrial Park has been experiencing an upsurge in occupancy over the past 18 months, going from 53 percent vacant to 93 percent occupied.
$130M New Orleans East Hospital Opens
The nine-year anniversary of Hurricane Katrina brought many painful reminders of how much reconstruction is still needed in New Orleans. It has also brought a sense of celebration of the many milestones the city reached in the long and hard road to recovery.
Kimpton Hotels to Operate Hotel Component in $100M Mixed Use Midtown Project
Buckingham Companies, the developer of Buckingham Midtown, a 17-story, 600,000-square-foot mixed-use project in Midtown Nashville, has announced Kimpton Hotels & Restaurants as the operator of the project’s 180-key hotel component.
$14M Walmart Supercenter Opens in New Orleans
A new Walmart recently opened at 4301 Chef Menteur Highway, making the Gentilly Walmart the second store the big box retailer has opened this year in the Crescent City.
Crescent Opens Model Home at 83-Site Master-Planned Community
Chapel Cove, Crescent Communities’ master-planned community on the shores of a Lake Wylie cove, is moving along with development.
BH Management Drops $20M on Fourth Nashville Apartment Community; Triple Net Properties List 393KSF One Nashville Place
Des Moines, Iowa-based BH Management Services LLC has acquired yet another Nashville apartment community from real estate investment group Grover Corlew, paying $19.7 million.
$30M American Can Apartments Headed for Upgrades
The 268-unit American Can Apartments, which sold for an impressive $30.8 million in the fall of 2013, is headed for some upgrades, as per the original intent of new owner Audubon Communities Management
Adler Kawa Real Estate Buys 224KSF Office Space in Office Park
One year after purchasing the 223,850-square-foot Carmel Executive Park, Florida-based Adler Kawa Real Estate Advisors (AKREA) has made another acquisition in the Charlotte Metropolitan Area, picking up 249,000 square feet of office space at Oak Hill Business Park.
Preferred Apartment Communities Picks Up 364-Unit Nashville Apartment Asset and Two Shopping Centers
Preferred Apartment Communities’ (PAC) operating partnership Preferred Apartment Communities Operating Partnership, L.P. (PAC-OP) has signed purchase and sale agreements of $181.7 million with four entities for the purchase of four apartment communities totaling 1,397 units.
138-Key Warehouse District Hotel Moves Toward Approval
The unique nature of New Orleans can make development project cumbersome at times, due to restrictions set to preserve the city’s historic charm and original look.