Business Specialties
Cleveland Clinic, Rendina JV Breaks Ground on Coral Springs Facility
The two entities will develop the 72,000-square-foot Family Health Center in a joint venture. The facility is expected to open next year.
Potawatomi Adds $80M Tower to Milwaukee Casino
Pending city approvals, the 180,000-square-foot expansion will add 119 rooms and suites for a total of 500 keys, as well as a spa and additional meeting space.
HBW Group Completes Sale of Rockville Asset
ProMark Real Estate Services purchased the 37-year-old, 101,000-square-foot office building and has renovations planned for the property.
Kroger-Anchored TX Shopping Center Lands $19M Loan
Metropolitan Capital Advisors Ltd. has arranged a construction loan for the second phase of the Prosper, Texas, shopping center. The 70 percent loan-to-cost financing features a fixed rate of 4.5 percent.
Shops at Willow Bend Gets $125M Renovation, Expansion
The construction of the next phase began one year ago and will be completed in phases. The shopping center will introduce new restaurant and retail concepts, as well as a 200,000-square-foot office tower.
Boston’s Newmarket Center Trades for $9M
HFF arranged the sale of the recently redeveloped 55,000-square-foot office building situated in the city’s Roxbury submarket. Prior to the sale, the asset served as a warehouse. It last changed hands in 2013 for $1.27 million.
SL Development Secures $54M Loan for Williamsburg Warehouse Buy
Madison Realty Capital arranged the financing for the firm’s acquisition and upcoming development of a 90,000-square-foot mixed-use building in Brooklyn’s Williamsburg neighborhood. The redevelopment is slated for completion in July 2019.
Retail Phase of 210-Acre South Bay Center Underway
Sudberry Properties has purchased 12.5 acres from Stratford Land for the development of Millenia Commons, a 131,800-square-foot lifestyle destination center in Chula Vista, Calif., which will be a part of the master-planned Millenia community.
Griffin Partners’ New Office Fund Buys Houston Asset
The acquisition of the boutique office building at 520 Post Oak Blvd. marks the fund’s third investment since its inception in mid-2016.
It’s Not a Mystery! International Spy Museum Tops Out
Located a L’Enfant Plaza, the 140,000-square-foot facility is situated between the National Mall and the Southwest Waterfront’s Wharf in Washington, D.C.