Laura Valean
Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura edits in-depth stories on key trends shaping the commercial and multifamily real estate industries, coordinating a team of experienced writers. She also hosts award-winning podcast shows for both brands, including Mission Success: Women in Multifamily, NAA Insights, FTI Experts’ Hub, RICS Monitor and CREW Up. Laura holds a B.A. in Journalism and an M.A. in Media Management. She can be reached at📧 laura.valean@cpe-mhn.com
SRS Real Estate Partners Brokers KY Retail Center Sale
Crestwood Crossing, a roughly 19,000-square-foot retail asset in Crestwood, changed hands for $3.5 million. An Ohio-based buyer purchased the asset from a local developer.
Historic MA Building Begins Rehabilitation, Expansion Process
Athenian Corner Restaurant, a five-story property built between 1896 and 1905, is a Lowell landmark. Cherrytree Group arranged financing for its revamp, which includes the addition of a boutique hotel.
Cook Medical Acquires 850 KSF Facility in NC
The medical devices manufacturer intends to relocate all local workforce to the former R.J. Reynolds Tobacco Co. plant in Winston-Salem’s Whitaker Park.
Preferred Office Properties Pays $209M for Charlotte Towers
The affiliate of Preferred Apartment Communities acquired two new Class A properties in the city’s SouthPark submarket.
Bond Collective Enters Houston Market
The coworking firm signed a lease for more than 25,000 square feet at Pennzoil Place, an iconic high-rise in the city’s CBD. Transwestern and Cushman & Wakefield assisted the parties in the deal.
Lee & Associates Brokers LA-Area Inn Sale
Y&C Pacific paid roughly $8 million for Good Nite Inn in Whittier, Calif. Andy Investment Co. sold the 102-key asset after three decades.
Duke University-Leased Building in Durham Changes Hands
CBRE facilitated the sale of 4220 N. Roxboro St., a roughly 25,000-square-foot medical office building, just minutes from the Duke University Medical center.
JLL Strengthens South Florida Retail Team
Rafael Romero is joining the company as senior vice president, while Katie Fernandez-Espinosa comes on board as vice president. The duo made the transition from Continental Real Estate Cos.
Apple to Spend $1B on Austin Expansion
The tech giant also plans to build new facilities in Seattle, San Diego and Culver City, Calif., and expand its footprint in several other locations across the U.S.
South Florida’s $1.5B Sunrise Project Is Coming to Light
CPE takes a close-up look at one of the nation’s largest mixed-use projects currently under construction: Metropica. KGH International and The Trillist Cos. are developing the 65-acre project.