News
Sealy & Co. Buys Desoto County Distribution Center
Sealy & Company, a commercial real estate investment and operating company, just increased its regional footprint through the acquisition of the Hacks Cross Distribution Center located in Desoto County, MS. At the time of the acquisition, the 240,000-square-foot distribution center was fully leased by hardlines distributor Orgill Inc.
Crescent Communities Announces Five-Acre TOD in Uptown Charlotte
Uptown Charlotte is finally getting a full-sized grocery store. Crescent Communities has announced plans to develop a transit-oriented, mixed-use project in Uptown Charlotte that will include a 47,000-square-foot Whole Foods grocery store.
Economy Watch: Is Consumer Sentiment Important for CRE?
Does consumer sentiment and confidence matter for commercial real estate?
INTERNATIONAL: Brookfield to Develop Apartment Tower in Melbourne
ICD Property has tapped Brookfield Multiplex for the construction of its landmark apartment high-rise in Melbourne’s CBD.
A New Buying Binge for Carey Watermark?
Carey Watermark was more than a little acquisitive in 2014 and 2015 could bring more of the same.
Carter Validus Mission Critical REIT Grabs Two Properties
Taking advantage of Atlanta’s lower operating costs, Carter Validus Mission Critical REIT has jumped on a purchase of two properties.
CBRE Global Investors Closes Sizable Sale of Miami Tower
An institutional investor advised by CBRE’s investment management affiliate is taking advantage of Miami’s “promising” office market.
Presidium Group Acquires The Landmark at Medical Center
Dallas-headquartered Presidium Group, LLC has announced on February 10th its first acquisition in 2015, the residential complex The Landmark located in the vicinity of San Antonio’s Medical Center. With this purchase, the number of apartment units owned and operated by Presidium in the San Antonio area has exceeded 2,000.
Developers Unveil Scaled-Back Version of King’s Village Redevelopment in Waikiki
The local development partnership between BlackSand Capital, Kobayashi Group and The MacNaughton Group has revised its plans for the construction of a new mixed-use condo-hotel tower at King’s Village in Waikiki.
NorthMarq Refinances Five Bruno Apartment Communities
NorthMarq Capital’s Miami office has arranged refinancing for a New Orleans multifamily portfolio owned by Bruno, Inc. through its affiliation with a Fannie Mae – DUS lender, the company announced.