News
CBRE Secures $29.3M Financing for Kane Realty’s Multifamily Project at North Hills in Raleigh
Through its Debt & Structured Finance team, CBRE Capital Markets has arranged $29.3 million in construction and mezzanine financing for The Dartmouth, a 171-unit luxury apartment building rising at 104 Dartmouth Road in Raleigh.
JLL Expands in Downtown Pittsburgh, Plans 100+ New Jobs
JLL has signed a lease with Millcraft Investments to occupy three floors totaling 54,000 square feet of office space at the Tower Two-Sixty at The Gardens in downtown Pittsburgh.
Dekker/Perich/Sabatini’s Mixed-Income Housing Wins Award from the Center for Active Design
The mixed-income housing community Casitas de Colores, designed by Dekker/Perich/Sabatini and built in the heart of Albuquerque by Romero Rose, YES Housing Inc., and Bradbury Stamm, is a winner of the Center for Active Design: Excellence awards. The ceremony took place at the Steelcase showroom in New York on May 11, marking its fifth award and its first international award.
Carey Watermark Investors 2 Drops $56M on CBD Hotel
Carey Watermark Investors 2 Incorporated (CWI 2), a publicly registered real estate investment trust focused on the hospitality industry, has recently acquired the 192-key Courtyard Nashville Downtown in Nashville’s historic Printers Alley District.
Northwestern Breaks Ground on New Biomedical Research Center in Streeterville
Northwestern University recently broke ground on a new biomedical research center at the site of the former Prentice Women’s Hospital in Chicago’s Streeterville neighborhood.
Kushner Takes on Former NY Times Building
Kushner Cos. strikes again with another major purchase in the Big Apple.
240-Unit Luxury Community in Suburban Boston Changes Ownership for $59.5 Million
The Alta Legacy Farms apartment community in Hopkinton, Mass., has a new owner, one year after Wood Partners completed construction at the $45 million luxury complex.
Hartsfield–Jackson Area Warehouse Reaches Full Occupancy
Two new tenants have signed leases at the 278,000 square foot industrial building under 2000 Southpoint Drive in Atlanta, Liberty Property Trust announced in a press release issued in early May. UPS Supply Chain Solutions, Inc. and Southwest Surplus, Inc. occupied a total of 80,000 square feet. Liberty Property Trust owns the asset and the company was represented by Jones Lang LaSalle’s team of Vice President Rodney Davidson and Associate Reed Davis in both transactions. The two deals brought the building to 100% occupancy.
Units at Eighth & Grand Mixed-Use Community in Downtown L.A., Now Available for Pre-Lease
Eighth & Grand, a new mixed-use community that occupies a three-acre block in downtown Los Angeles, is now available for pre-lease. The developer, San Francisco-based Carmel Partners, has launched the property’s pre-leasing office at 433 West 7th St., effectively starting the occupancy process for the 700 luxury units. The community is located in the vicinity of the city’s South Park neighborhood, one of the fastest growing districts of L.A.