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
Chinese Manufacturer to Invest $11M in First SC Plant
China Hengshi Foundation Co. is locating new operations in Richland County. The facility is expected to create a little under 50 jobs.
Regal Hospitality Lands Sheraton Suites Columbus
HFF closed the sale of the 259-key hotel in Columbus, Ohio. The property provides easy access to the Port Columbus International Airport as well as downtown Columbus and the Ohio State University.
Avison Young to Manage Oklahoma City Outlet
The Outlet Resource Group and Singerman Real Estate own the 400,000-square-foot shopping center, which marks the second mall Avison Young is managing for the two companies.
New Digital Hub in Charleston
The management and consulting firm’s 75,000-square-foot facility will support clients such as the U.S. Department of Veterans Affairs and the U.S. Navy.
JV Lands $43M Charlotte Retail Center
American Realty Advisors and Stonemar Properties purchased Ballantyne Village, an entertainment-driven retail asset in Charlotte, N.C. Berkeley Capital Advisors represented seller MV Ballantyne Village LLC.
Home2 Suites by Hilton Rock Hill Makes Debut
Durga Hospitality owns and manages the 105-key hotel located in the Charlotte, N.C., MSA. The new location offers studios and one-bedroom suites with fully equipped kitchens and living rooms.
Pepper Construction to Build IKEA’s First WI Store
The Swedish home furnishings retailer has secured contractors for the upcoming location in Oak Creek, Wis. The 291,000-square-foot IKEA store is due to open next summer, with 250 full-time employees.
Danish Manufacturer Doubles KY Footprint
Linak, a company that produces linear actuators for hospital beds, office desks, farm equipment and other uses, broke ground on a $33 million expansion in Louisville, Ky. The investment will create 413 new jobs.
Songy Highroads Enters Nashville Hotel Market
The Atlanta-based developer will build a 15-story Hyatt House hotel a block away from the Vanderbilt University. The 201-key hotel will be completed by early 2019.
Divaris Real Estate Completes NC Retail Leases
The company’s broker negotiated on behalf of both Wendover Village in Greensboro, N.C., and Cornelius Shops in Cornelius, N.C. The two leases total 2,820 square feet.