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
Glimcher Group Expands Ohio Footprint
The company purchased the 95,446-square-foot North Olmsted Towne Center for $15.9 million from Norcar Co. LLC. The retail center comprises four buildings, with tenants such as David’s Bridal and Party City.
Comcast Opens Charleston Center of Excellence
More than 550 new customer care and technical support employees will work at the company’s new $21.4 million, 80,000 square-foot facility in South Carolina.
Tori Sunderman Climbs the Ladder at C&W
Sunderman is now a senior director in the commercial real estate services firm’s Cincinnati office. Prior to her new role, she was senior associate.
Amazon to Open First Alabama Hub
The retailer will invest $30 million in a 362,000-square-foot sortation center in Mobile. The facility will create more than 360 part-time jobs.
CWI Lands Charlotte Marriott City Center
The REIT acquired the hotel following a $40 million renovation process completed in 2016. The building is now dubbed “The Beta Hotel” due to its ultra-modern features.
Raleigh Office Building Changes Hands for $8M
HFF closed the sale of 3110 Edwards Mill, a 45,692-square-foot, Class A office building in North Carolina. A private investor purchased the asset from The Simpson Organization.
Iconic Waterside District Opens in Virginia
Following a $40 million investment, The Cordish Cos. and the city of Norfolk opened the Waterside District. The property is located along the Elizabeth River in downtown Norfolk.
Charlotte’s Boom
The metro’s multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.
Covington Lands 800 KSF Industrial Portfolio
The Dallas-based company purchased a 500,625-square-foot warehouse and distribution facility in Columbus, Ohio, and a 300,000-square-foot facility in Baltimore. The buyer plans to make improvements to the buildings.
Marshall Opens Grand River Hotel in Michigan
The seven-story hotel is an Ascend Hotel Collection member in Grand Rapids. The asset features 160 keys and is located one mile from downtown.