News
Armada Hoffler Initiates Phase VI of VA Development
Town Center, an ongoing partnership between Armada Hoffler Properties and the City of Virginia Beach, has seen more than $560 million in public and private funding. Phase VI brings two national retailers, as well as additional restaurants and apartments.
CPE’s Top 5 Articles in October
Miss out on any CPE stories in October? Here are five of our most popular articles for the month, including news on billion-dollar development projects in Los Angeles and Chicago.
Western Specialty Names New Manager at Chicago Branch
Kevin Rogers will serve as manager of the Facades division. He will be responsible for managing operations and personnel as well as developing façade restoration projects in the Chicago metropolitan area.
T5 Begins Next Phase of Chicago Facility
The data center owner and operator will add two megawatts to T5@Chicago. The site is primed for a future 170,000-square-foot, 16mW expansion.
New 300 KSF DEWALT Plant to Open in Texas
The industrial facility will support roughly 450 new jobs in the area and is expected to begin operations in 2018.
LEGOLAND Takes NY by Storm
The $350 million amusement park will be located in Upstate New York’s Goshen and will open in 2020, offering educational programs for children.
Hines to Break Ground on Mexico City Logistics Center
Phase One of Convento CityPark comprises three buildings, totaling more than 1 million square feet, which will offer newly constructed cross-dock and front-load configurations.
C&W Arranges Office Relocation to Miami’s Doral Court
According to Cushman & Wakefield research, this qualifies as the largest office relocation lease of 2017 in Miami-Dade, Palm Beach and Broward counties.
Jernigan To Break Ground on NJ Self-Storage Facility
The company has expanded its self-storage portfolio with a $14.7 million investment in North Bergen. The facility will offer 68,000 square feet rentable space.
Software Company Expands Suburban Boston Lease
Aras Corp. is relocating from its 27,772-square-foot space at the Andover Landing at Brickstone Square office park in Andover, Mass., and will now take over 65,298 square feet in another building on the same campus.