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All Eyes on Core in Cleveland
The growing number of renters looking to live near work, transportation, retail and entertainment options, coupled with limited housing supply, is stimulating rent growth.
500-Key Hotel Mapped Out for $3B Tampa Project
Connected to the existing Marriott Waterside Hotel & Marina and adjacent to the Tampa Convention Center and Amalie Arena, 10 Water Street will be one of the first components of Strategic Property Partners’ $3 billion mixed-use project.
Morgan Buys DC Portfolio for $509M
The company’s purchase of the Mark Center portfolio, consisting of nearly 2,700 apartment units and a 63,000-square-foot retail center, is one of the largest transactions in Virginia.
PA Launches Green Tower Expansion
The Pennsylvania Housing Finance Agency’s 40,000-square-foot expansion in Harrisburg is incorporating Passive House principles to target net-zero energy consumption and LEED Platinum certification.
Tourism’s Power a Draw in Orlando
The metro is one of the fastest-growing employment markets in the country. An expanding young workforce—drawn by the area’s high quality of life and live-work-play options—is fueling demand.
NJ Industrial Asset Attracts Long-Term Investment
The 158,000-square-foot property is located in the northern part of the state, an increasingly appealing area to buyers searching for stable, income-generating properties in lower-barrier markets.
Premier Delivers Fulfillment Center in Illinois
The company partnered with Bridge Development to build more than 626,000 square feet of warehouse and office space within Bridge Point North, a 240-acre business park in Waukegan.
PAC Grabs Raleigh-Area Shopping Center
The purchase of the 122,800-square-foot, grocery-anchored property through the company’s wholly owned subsidiary, New Market Properties, marks another step in a Sunbelt-area expansion strategy.
WeWork Scores $4.4B Investment
SoftBank Group and the SoftBank Vision Fund will purchase new shares in the collaborative workspace company, while also financing its growth in China, Japan, Southeast Asia and Korea.
Rare MD Industrial Asset Up for Sale
The seven-building portfolio is situated in Hanover, seven miles from BWI Marshall Airport, offering approximately 500,000 square feet of space in a heavily supply-constrained market.