News
Federal Capital Partners Buys Halethorpe Distribution Facility For $11.5M
Federal Capital Partners has recently announced the acquisition of an industrial distribution facility in the Baltimore area. The Chevy Chase-based company paid $11.5 million for the property. It purchased it from Alliance Partners.
OATI Moves Forward with South Campus Development in Bloomington
Minneapolis-based Open Access Technology International (OATI) is ready to break ground on its 4-acre, 110,023-sqare-foot data center in Bloomington, Minn.
Victory Medical Center Landmark Expands Facilities by 60,000 SF
Victory Medical Center Landmark broke ground on 60,000 square-foot multi-use medical building, expanding its premier medical facilities. The new development is adjacent to its existing surgical hospital located at 1604 Loop in northwest San Antonio.
Construction to Begin on Forest City Hawaii’s $140M Apartment Complex in West Oahu; Hunt Development Breaks Ground on $65M Luxury Residential Project on Maui
Construction on Forest City Hawaii’s 499-unit mixed-use residential rental complex on West Oahu will soon begin, the Pacific Business News reports.
80 Mixed-Income Apartments Coming to Historic Downtown Building
Developer Green Coast Enterprises in partnership with the Crescent City Community Land Trust (CCCLT) has closed on the sale of the historic Pythian Temple building at 234 Loyola Avenue, clearing the last hurdle in the way of development
440-Unit Arbor Creek Property in Beaverton Trades Hands
Arbor Creek, a large multifamily property in Beaverton, OR recently traded hands. The new owner is Jackson Square Properties, an entity that acquired the residential asset from seller Holland Partner Group in a transaction that was arranged by commercial real estate and capital markets service provider Holiday Fenoglio Fowler. The HFF investment sales team that arranged the deal was led by director Ira Virden and associate director Kerry Hughes. Financial terms of the agreement were not released.
AkzoNobel Leases Space in Hackman Capital Partners’ Strongsville Facility
AkzoNobel is opening a research and development center in the Cleveland area. The paints, coatings and chemicals company has recently leased space in a Class-A industrial facility located in Strongsville.
Prince William County Now Home to More Than 2 MSF of Data Center Space
Prince William County announced at the end of September it has more than 2 million square feet of data center space. This important achievement is a result of the successful completion of 20 economic development projects with a total investment of $3.6 billion. Together, these projects have created 653 new highly-paid and highly-skilled jobs.
Method’s Manufacturing Plant to House World’s Largest Rooftop Farm
Just a few months after revealing plans for its first U.S. manufacturing plant, San Francisco-based Method is raising the bar once more.
Moody National REIT Under Contract to Purchase Arboretum Hotel in Austin
Houston Mood National REIT I is under contract to purchase the Hilton Garden Inn Austin NW/Arboretum located at 11617 Research Blvd. The offering is of $29,250,000, according to a news release.