News
Boston’s Castle Square Apartments, Shattuck International House Awarded ENERGY STAR Certification
By Veronica Grecu, Associate Editor In order to highlight Boston’s commitment to innovation, sustainability and green building, two affordable housing communities in the city were listed by the U.S. Environmental Protection Agency (EPA) among the first multifamily housing properties in the nation to earn new ENERGY STAR multifamily certification for superior energy performance. The 17 […]
HFF Completes Sale of Inland Empire West Industrial Development Project
According to Holiday Fenoglio Fowler, the company recently completed the transaction for an Inland Empire West industrial development project. HFF worked on behalf of Xebec Realty Partners, and marketed the Catawba Distribution Center in Fontana, CA. The property was eventually sold by the commercial real estate and capital markets services provider to a discretionary real estate fund for a total fee of around $23 million. The HFF team in charge of the sale consisted of Senior Managing Director Anthony J. Brent and Managing Director Ryan Martin.
Former Frankford Chocolate Factory, 1515 Market St. Up for Grabs for a Cumulative $100 Million
One of the largest sites available for development in Philadelphia is looking for a buyer as lawyers are liquidating its late owner’s real estate assets. Meanwhile, 1515 Market Street was put on the market and will be acquired for $85 million by Accesso Partners.
Botsford Hospital Seeking Approval for $160 Million Expansion
After joining the Beaumont Health group of hospitals in September this year, Botsford Hospital plans to expand its campus in Farmington Hills by the end of 2015.
Pillar Award Winner NRP Group Plans 295-Unit Multifamily Development in Suburban Pittsburgh
A new multi-family community could soon rise on about 21 acres in North Fayette Township.
Highwoods Properties to Develop $232M Headquarters for Bridgestone Americas
By Eliza Theiss, Associate Editor Bridgestone Americas, Inc. (BSAM) is relocating its corporate headquarters to a new $232 million, 514,000-square-foot build-to-suit high-rise in Nashville’s downtown core. The move comes as a result of BSAM having outgrown its current headquarters and the company’s desire to consolidate several operations into one central location. As a result, downtown […]
HFF Secures $17M Funding for Office Complex Acquisition on Behalf of True North Management Group of New York
HFF has lined up $17.15 million in post-acquisition financing for True North Management Group‘s purchase of a more than 240,000-square-foot office complex in Carmel.
Main to Main Multi-Modal Connector Project Moves Forward with $28.6M Harahan Bridge Renovation
A long-awaited renovation project started this Monday as a construction crew began work on the Harahan Bridge. The $28.6 million renovation of the bridge is part of the Main to Main Multi-Modal Connector Project, which also includes extensive work in Memphis and West Memphis.
Pappas Properties Breaks Ground on $60M Berewick Town Center
Charlotte-based Pappas Properties and Matthews, N.C.-based regional grocery chain Harris Teeter have broken ground on Berewick Town Center
The Park View Hotel Rebrands as Magnuson Grand Conference Hotel
Magnuson Hotels recently announced the complete rebranding of The Park View Hotel in Winter Haven, Florida. The 174-room property will continue operations as Magnuson Grand Conference Hotel. By joining the Magnuson Hotels portfolio, the hotel will upgrade its local, regional, and national market to attract more guests.