News
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.
Balfour Beatty Appoints COOs of Southern Operations
Scott Skidelsky will take over the company’s Florida region, while Pat Dean will be responsible for the Carolinas and Georgia geographies.
C&W Arranges Record Sale of Orlando Office Park
A fund advised by DRA Advisors sold the Colonial Center at TownPark office portfolio to Brookdale Group, marking the largest brokered suburban office portfolio sale in Orlando since November 2016.
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.
John Hancock, CRG Unveil 1 MSF Atlanta Logistics Project
The building marks the first phase of a 311-acre business park designed to accommodate more than 4.5 million square feet of warehouse space.
Avera to Develop Rail-Served Industrial Facility in Houston
The 143-acre Bayport Logistics Park will feature 7,000 feet of frontage on a Union Pacific rail line and will eventually comprise three or four buildings.
Lendlease to Build $200M Mixed-Use Project in DC
Construction of 1250 Half St., a 608,000-square-foot development featuring two 11-story towers, will bring 439 residential units and ground-level retail.
1031 Exchanges: To Be or Not to Be Eliminated?
The pressure to reduce rates and find revenue offsets has put 1031 exchanges on the chopping block as part of the Trump administration’s potential tax reform. But some experts believe that the likelihood of a repeal is low.
Southern Power Opens 102 MW Lamesa Solar Facility
The solar facility, spread across 887 acres, will generate enough energy to power about 15,000 Texas homes. The city of Garland, Texas signed a 15-year power purchase agreement to acquire the facility’s power and associated renewable energy credits.