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
Bonded Leases 500 KSF Metrolina Park Building
The provider of third-party logistics opened a 371,000-square-foot warehouse in an industrial park north of downtown Charlotte, N.C., and also agreed to lease the remaining 124,000 square feet of the building.
Trailer Manufacturer Strengthens PA Footprint
M.H. Eby purchased a 95,000-square-foot production plant in Ephrata for $3.3 million. Eby currently operates two other facilities in Lancaster County, but intends to move all Pennsylvania manufacturing operations in the Ephrata facility.
Marcus & Millichap Division Sells 182 KSF Retail Center
Institutional Property Advisors brokered the sale of North Heights Plaza, a shopping center in Huber Heights, Ohio. The asset is anchored by Dick’s Sporting Goods and Big Lots.
Manufacturer Opens First Missouri Pipe Plant
Advanced Drainage Systems, a provider of water management products, opened its 62nd facility. The Harrisonville, Mo., plant has 72,650 square feet and approximately 50 employees.
Creative Co-Working Space to Open in Columbus Suburb
Brick House Blue in Dublin, Ohio, is set to open late this fall. The 9,000-square-foot meeting space is part of Bridge Park and will unify distinct business owners in a collaborative work environment.
Hilton Opens 139-Key Charleston Peninsula Hotel
Tara Investments developed, owns and manages the Homewood Suites by Hilton Charleston Historic District. The property features 3,000 square feet of flexible space for meeting and social events.
Strategic Partners to Develop $60M Industrial Park
The investment group closed on one of the largest remaining parcels of land in the Research Triangle Park, where it intends to build the 96-acre Patriot Park.
Perennial Ponders $1.2B Sale of Singapore Skyscraper
A group of investors led by Perennial Real Estate Holdings is contemplating the sale of the AXA Tower, the city’s sixth-tallest building located in the central business district.
HFF Closes Sale of 140 KSF Atlanta-Area Mall
The broker sold North Lake Square on behalf of GH Anderson & Co. VEREIT represented the buyer, a Cole Capital REIT.
Former NC Kmart Becomes 70 KSF Self-Storage Facility
Aston Properties made its first retail to self-storage conversion by transforming an old Kmart store in Monroe into a self-storage property that will be managed by Extra Space Storage.