News
InvestCore Commercial Closes Sale of Garland Retail Building
In a $3.2 million deal facilitated by InvestCore Commercial, Next Play Firewheel sold the property at 200 Town Center Blvd. to an out-of-state investor.
CareTrust Adds Nursing Facility to Gem State Portfolio
The deal nets the new owner a constant revenue stream for the following 15 years.
Trimark Properties Appoints New Director of Development and Construction
In his new position, Bryan Harrington will oversee Trimark’s commercial development in Gainesville and the Innovation Square Area.
Mike Demetriou Climbs the Corporate Ladder
Mike Demetriou will succeed David Baum, who will continue to serve the CEO of Baum Realty Group.
Hersha Closes Sale of Hyatt Place in Philadelphia Suburb
The 129-key hotel, located in a vibrant submarket, was purchased by a joint venture between DoveHill and Wurzak Hotel Group.
Armada Hoffler Properties Snaps Up Shopping Center in Colonial Heights, Va.
The 220,000-square-foot Southgate Square sits 23 miles south of downtown Richmond and was 100 percent occupied at the time of purchase.
Penske Tech Center Opening Marks Milestone for M-1 Project
Penske Tech Center will be the nation’s first vehicle storage and maintenance facility to operate completely off-wire and it’s the last step before the arrival of the QLine streetcars.
Chicago Skyline Changer to Get Underway
Magellan Development Group, together with China-based Dalian Wanda, will break ground this summer on what will become the Windy City’s third-tallest building.
405 Park Ave. Gets Two New Owners, Plans for a Makeover
Deutsche Asset Management teamed up with MRP Realty to acquire the 17-story office and retail building in Manhattan’s Plaza District.
Whirlpool Investing $80M in Ohio Expansion
The Michigan-based multinational manufacturer and marketer of home appliances is expanding operations at two of its Buckeye State facilities.