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Work Gets Underway on Canada’s $2.5B Alpine Park
Dream Unlimited completes two decades of prep work with the groundbreaking of the 476-acre first phase of the master-planned community in suburban Calgary.
Longfellow Real Estate Acquires Durham Office Property for $138M
The transaction marks the largest investment sale of its kind in the Southeast since the beginning of the COVID-19 pandemic.
Pandemic Hastens Preexisting Retail Reality, Marcus & Millichap Reports
Retail will have a new face once the dust settles from COVID-19, and it’s the one that would have eventually emerged, even without the coronavirus.
Pebblebrook Hotel Trust Sells Historic Nashville Property
The buyer of the 125-key Union Station asset was Southwest Value Partners, the developer of the Nashville Yards project that will include an Amazon office tower.
Logistics Real Estate Set for ‘Brisk Recovery’ in Prologis Report
The outlines of a projected V-shaped recession for industrial real estate appear in Prologis’ latest survey of logistics end users.
PIDC Picks Team for Philadelphia Navy Yard Expansion
Together with Ensemble Real Estate Investments and Mosaic Development Partners, the public-private corporation expects the 109-acre project to generate up to $2.6 billion in new investments and create thousands of jobs.
Breakthrough Properties Completes Full-Building Lease in Boston
The company formed by Tishman Speyer and Bellco Capital to focus on life sciences assets has landed a major tenant for its first ground-up development.
Amazon to Open 7th Distribution Center in Tennessee
Along with a heavy investment in robotics, the facility will employ more than 1,000 associates.
Hines Breaks Ground on Mass-Timber Office Project in Toronto
The first phase of T3 Bayside, the workspace component of a master-planned waterfront community, is on schedule to reach completion in early 2023.
CIM Group Lines Up $96M Loan for Phoenix-Area Office Asset
The firm provided bridge financing for the 500,000-square-foot Galleria Corporate Center, which has become a favorite for the tech sector.