the Editors of Commercial Property Executive
HFF Arranges $27M in Refinancing for Round Rock Complex
By Camelia Bulea, Associate Editor
Holliday Fenoglio Fowler LP has secured $27 million in refinancing for City North at Sunrise Ranch, a Class A community in Round Rock. The 384-unit complex, which is 93 percent leased, is comprised of 19 buildings […]
Industrial Developments Abound in Metro Charlotte; $7M Retail Project Breaks Ground
By Eliza Theiss, Associate Editor Metropolitan Charlotte’s industrial market has been on the rise for some time and shows no sign of slowing down. Recently, Lincoln County’s newest business park got its first resident, reports the Charlotte Business Journal. Hydac Technology Corp., a German manufacturer of hydraulic valves, filters and various other elements, broke ground […]
Walmart Hits Tucson Retail Market with Five New Mega Projects
Walmart has launched three supercenters and two neighborhood stores in Tucson. The retail properties are in various stages of development. The discount retailer has identified Tucson as an area that is underserved when it comes to affordable shopping options, according to Walmart officials quoted in the Arizona Daily Star.
Guest Column: Healthcare Reform Becomes a Reality
This was the summer of healthcare. And the new legislation will impact what America spends on healthcare, including healthcare real estate, relates Alter+Care senior vice president Donna Jarmusz.
Fortinet Acquires Facility Potentially Groomed for New HQ
By Alex Girda, Associate Editor A company dealing with national and international network security is set to expand after a recent property purchase in Sunnyvale. Fortinet Inc. is the new owner of 164,099 square feet of space at 895 Kifer Rd. on a 10-acre lot. The California-based tech company acquired the facility for a total […]
Sears Crosstown Building to Be Reborn, Uplift Neighborhood
Crosstown LLC, developer and current owner of the historic Sears Crosstown Building in Center City, has announced via a press release the signing of individual memorandums of understanding with nine founding partners
Construction Underway on Transit-Oriented Affordable Housing Project
By Gabriel Circiog, Associate Editor The Urban Land Conservancy and Medici Communities LLC broke ground on a new affordable housing project using Denver’s Transit-Oriented Development Fund. Located at the Evans Light Rail Station in south Denver, the Evans Station Lofts will bring 50 new affordable rentals to the Denver market. The TOD Fund was used […]
Inland’s University House Ready for August Opening, Fully Pre-Leased
With an opening date set for later this month, Inland American Communities Group’s University House student apartment community is now 100 percent leased.
Midtown Block Trades Hands, Soon to House 321 Luxury Units
A 2.5-acre site, located at the very core of Midtown Atlanta at 131 Ponce de Leon Ave., recently changed hands for $6.5 million.