News
Cortland Takes Multi-Family Community Off Camden Property Trust’s Hands
Cortland Partners knows a good value when it sees it, and a vintage apartment community in Tampa was it.
International: PATRIZIA Apartments in Augsburg Selling Like Hot Cakes
A new city neighborhood in Augsburg, Germany’s textile district is doing quite well, with the majority of its units currently under construction already sold.
Alliance to Build Class AA Communities Throughout Atlanta
Alliance Residential Co. has started investing hundreds of millions of dollars in a multi-family development in the Southeast with the opening of a project in Atlanta.
Greenberg Gibbons to Renovate The Shops at Kenilworth
Greenberg Gibbons plans to renovate The Shops at Kenilworth, a landmark shopping destination in Towson. The cost of the project is $20 million.
Economy Watch: Fannie Mae Predicts Softer Multi-Family in Some Markets
Fannie Mae is mostly optimistic about the state of the multi-family industry in 2015 and beyond, but it doesn’t foresee quite the same kind of boom as in the last few years.
Cushman & Wakefield Retained to Sell Two Multifamily Buildings in New York City
Two multifamily properties in New York City are now looking for new owners, and Cushman & Wakefield announced it was selected on an exclusive basis to sell the assets.
Data Center in Alpharetta Sold as Part of a $76.9M Deal
By Balazs Szekely, Associate Editor Alpharetta Data Center II was recently acquired by Carter Validus Mission Critical REIT, Inc. in a transaction worth $76.9 million that also included Landmark Hospital of Savannah, according to a news release. The real estate investment trust picked up the data center in Alpharetta in the fourth quarter of 2014 […]
Inland Real Estate to Redevelop, Expand Joliet Commons Shopping Center
Inland Real Estate Corp. recently announced plans to redevelop the Joliet Commons power shopping center in Joliet, Ill., and add both a DICK’s Sporting Goods store and a DSW Designer Shoe Warehouse store at the location.
River Landing Development Builds 2M SF Mixed-Use Project in Miami’s River District
The district west of Downtown Miami along the Miami River is soon to see new large-scale development activity as preconstruction work has begun on the$300 million River Landing Shops & Residences mixed-use project in early 2015. Located at 1500 N.W. North River Drive, the site is on the north bank of the Miami River at walking distance from the Civic Center area that is home to the second largest health district in the nation. Despite being one of South Florida’s largest employment hubs, the area is under served in retail and apartments.
Auto Supplier Opens $50M Plant in Monroe
Last year, UGN, an automotive industry supplier based in Tinley Park, Illinois, announced its plans to break ground on a new manufacturing plant in the city of Monroe, 30 miles north of Cincinnati. The $50 million project was finished this month.