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
Simon, Tanger Factory JV Opens $90M Outlet Mall, Charlotte’s First in 10 Years
Simon Property Group, also known as Simon, a global leader in retail real estate ownership, has announced the grand opening of Charlotte Premium Outlets, a 398,421 square-foot upscale outlet shopping center.
BH Management Buys 764 Nashville Apartments for $52M
BH Management Services, LLC (BH) has announced entering the Tennessee market with the takeover of three metro Nashville apartment communities featuring between 200 and 300 units and amenities such as swimming pools, fitness centers and sports courts.
Tulane Avenue Office Building Set for Apartment Conversion; Commerce Street Warehouse to Make Way for Apartments
By Eliza Theiss, Associate Editor The 10-story office building on the corner of Tulane Avenue and South Rampart Street is set to be redeveloped into apartments at a cost of $15 million. According to plans and permits filed with the city of New Orleans, the historic office building known as the California Building will be […]
Sealed Air and Spectra Group Bring 1,500 Jobs to Charlotte
North Carolina Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker recently made two major announcements concerning Charlotte’s job market, which will grow by over 1,500 positions thanks to a corporate relocation and an expansion.
Walton Street Capital Pays $70M for DoubleTree by Hilton
By Eliza Theiss, Associate Editor Downtown Nashville keeps on getting hotter. Most recently, the 337-key DoubleTree by Hilton Nashville Downtown traded hands for approximately $206,000 per key, which is just short of a $70 million total purchase price, reported The Tennessean. The downtown hotel’s new owner is Chicago-based investment firm Walton Street Capital LLC, which […]
$35M Warehouse District Hotel Sparks Local Opposition
A new 75-foot hotel proposed in the Crescent City’s Warehouse District is heating up talks regarding the city’s master plan and height limitations.
Jones Lang LaSalle Income Property Trust Pays $25.5M for Charlotte Distribution Center
LaSalle Investment Management has announced that Jones Lang LaSalle Income Property Trust, Inc. has purchased the 346,500-square-foot Charlotte Distribution Center in Charlotte, NC for circa $25.5 million.
Amstar Sells $44M Retail Asset to TIAA-CREF, Lists 45-Acre Commercially Entitled Tract Cool Springs
HFF has announced the closing on the sale of the 95,000-square-foot Southside at McEwen, a high-end trophy grocery store located in the Nashville MSA. The commercial real estate and capital markets services provider marketed the Whole Foods-anchored property on behalf of the seller, Amstar. The sales team was led by managing directors Jim Hamilton and Richard Reid and senior managing director Mark Sixour.
Romania’s Second Largest City Welcomes First Green Luxury Residential Development
Cluj-Napoca, the second most populous city in Romania, is about to get its first green residential project: the 91-unit Riviera Luxury Residence condominium tower.
Model Homes Available at Crescent Communities’ Lockwood Glen
Model homes have recently opened in Crescent Communities’ 220-acre master-planned community Lockwood Glen, announced the Charlotte-based developer. Located in Nashville’s historic Franklin suburb, one of the hottest submarket in metro Nashville, the 220-acre master-planned community of Lockwood Glenn is located close to Franklin’s business district and a short drive from downtown Nashville.