Business Specialties
TOD Starts & Stops
Although a broad coalition of stakeholders around the country embraces transit-focused development., such projects are by no means immune from criticism.
Parmenter Sells 214 KSF Suburban Atlanta Office Building
Eight years after acquiring Gwinnett Commerce Center, in Duluth, Ga., Parmenter Realty Partners has sold the 213,600-square-foot suburban Atlanta office building to a JV involving Biscayne Atlantic, Red Starr Investments and PointOne Holdings.
Advenir Acquires M-F Complex in Dallas-Fort Worth Submarket
Advenir, a multi-family real estate investment and management service provider, has acquired Dolce Living at Mansfield, a 334-unit Class A apartment community located in the upscale Dallas-Fort Worth submarket of Mansfield, Texas.
Special Feature: Living with Art
Earlier this year, Meta Housing Corp. introduced its third seniors housing residence with an arts orientation, this one featuring a professional theater. CEO John Huskey talks about the company’s efforts to expand its arts- and education-oriented portfolio in this article and podcast.
W.P. Carey Fleshes Out Details of Proposed $4B Merger with Affiliate REIT
A conference call Friday morning shed more light on the proposed merger between W.P. Carey Inc., of New York, and its publicly held, non-traded REIT affiliate, Corporate Property Associates 16 – Global Inc., including the combined company’s assets, ownership and leverage.
IndCor Awards Cassidy Turley 7 MSF Industrial Assignment
IndCor Properties has turned to Cassidy Turley once again to oversee one of its mega-size portfolios. IndCor recently tapped the firm to manage a group of industrial properties totaling 6.7 million square feet in Northern California.
Wood Breaks Ground on 133-Unit M-F Building in West Houston
Wood Partners has begun construction on Alta Westheimer, a luxury apartment building in Houston.
Arden Group Acquires 243 KSF Office Center, 258-Room Hotel in Dallas
Arden Group of Philadelphia made its first purchases in the Dallas area this week – the 258-room LeMeridien Galleria hotel and the Atrium at Office Center, a 10-story, 243,109-square-foot office building in Las Colinas, Texas.
400 KSF Long Island Office Portfolio Changes Hands
CenterSquare Investment Management Holdings, known as Urdang Capital Management until prior to July 1, and Ivy Realty have sold Crossroads Corporate Center and Crossroads Executive Center, two multi-building office parks on Long Island, N.Y.