News
Akron-Canton Airport Plans Two New Projects
The Akron-Canton Airport (CAK) plans to start work this summer on two new construction projects. At a total cost of more than $14 million, the two are part of the airport’s CAK2018 plan, a 10-year, $110 million improvement program.
Nation’s First-Ever Crowdfunded Real Estate Project Opens in Washington, D.C.
The country’s first ever crowdfunded real estate project has opened this month in Washington, D.C. Called Maketto, it is a 6,000-square-foot communal food and retail market, located at 1351 H Street NE, in the city’s H Street Corridor.
Breather Breaks into Beantown
A startup that provides on-demand private workspace is now in metro Boston.
International: Emaar Adds Townhouse to Dubai Hills’ Master Plan
Emaar Properties and Meraas Holding are co-developing a project to complement the Dubai Hills Estate master-planned community in Mohammed Bin Rashid City.
Ventas Spinoff Gets a Name, Plans for Future
Ventas Inc. is moving quickly to get its post-acute/skilled nursing facility spinoff company off the ground.
Building & Land Technology Grabs Corporate Center in Atlanta
Building and Land Technology has taken part in the highest-priced sale of an Atlanta office property ever.
Melton Truck Lines Moves into New Tulsa Home
Melton Truck Lines, a Tulsa-based company that specializes in flatbed trailers has moved into its brand new home at 808 N. 161 E. Ave., Tulsa World reports.
Saxa, Caliber Team Up for Spec Project in N. Scottsdale
Scottsdale-based SAXA Inc. and Caliber Cos. entered a joint venture to develop Bahia 101, a 40,000-square-foot commercial office building in North Scottsdale. The project will rise on a 2.5-acre tract located south of Bell Road on Bahia Drive and is the first new Class A development in the area since 2009.
Wood Partners Starts 12th Central Florida Project
Alta Eastmar Commons, a 312-unit multifamily community is underway, the developer, Wood Partners announced recently. The $41.9 million development breaks ground in late April at 159 Dean Road, Orlando. To date, the developer has built around 3,000 units in the area since 2001 and this will be the 12th Wood Partners apartment community in Central Florida.
Berkadia Arranges Sale of Capitol Village Apartments in Austin
Austin’s Capitol Village Apartments, a 249-unit multifamily property, has a new owner. The deal was brokered by senior vice president George Deuillet III and vice president Forrest Bass of Berkadia’s Austin office.