News
Martin Fein Interests Develops 335-Unit Luxury Apartment Complex Near Crabtree Valley Mall in Raleigh
Martin Fein Interests is planning to break ground on a 335-unit luxury apartment complex on the Kidd’s Hill Plaza property behind Crabtree Valley Mall in Raleigh in the next few weeks.
Village Inn to Open Restaurant in Marana
Village Inn announced the addition of a new location in Marana’s Arizona Pavilions shopping center. The new tenant of the retail complex is already well known in the Tucson area, currently operating three other restaurants to Tucson.
NAREE Special Report: The Commercial Real Estate Rundown
The office and industrial sectors are looking strong in the near term thanks to an economy that is encouraging diversity via an expanding tenant base.
Jane Fonda’s Forked Lightning Ranch Listed for $19.5M
North of Albuquerque and near Santa Fe there’s a serene place bathed by Pecos River, a place that Hollywood actress Jane Fonda has been calling home since year 2000. Forked Lightning Ranch has been her escape place; adjacent to Pecos National Historical Park, this property is the middle part of the former 13,000-acre cattle ranch owned by movie star Greer Garson and her husband. She now decided it is time to let go and has put it up for sale.
Demand for Space in the Bay Area Continues as Three Large Leasing Deals are Inked
The Bay Area’s office market has been one of the highlights of the national real estate market in recent years, and due to the lasting appeal with the tech industry, the trend seems to be going strong. Three large leases were recently inked in San Francisco and San Jose, the largest urban centers in the tech-oriented region.
29th Street Capital Acquires MF Property; eBay to Expand Presence in Illinois
Real estate investment and advisory firm 29th Street Capital recently announced it has closed on a multi-family property located in the Bridgeport neighborhood of Chicago.
The Curtis, Denver’s Pop Culture Hotel, Completes Renovation
The Curtis – a Doubletree by Hilton has recently completed an extensive $7 million property renovation that included upgrades to all guest rooms and a lobby expansion.
New Report Ranks Top 30 Metros for Walkable Urban Development
Walking is good for health–and good for real estate, according to Foot Traffic Ahead: Ranking Walkable Urbanism in America’s Largest Metros.
TPG Capital JV Buys DTZ for $1.1B, Taps Brett White as Investor
A private equity consortium led by TPG Capital, PAG Asia Capital and the Ontario Teachers’ Pension Plan has agreed to buy global property services firm DTZ from UGL Ltd. of Australia for $1.1 billion.
Las Vegas Wins $28M in Affordable Housing Incentives; Relaxed Laws for Medical Marijuana Could Spur Space Demand
By Alex Girda, Associate Editor About $28 million in federal financing for affordable housing is headed to Las Vegas. Under the New Markets Tax Credits program, investors will get incentives to invest in development targeting residents at the lower end of the income scale. According to The Las Vegas Review-Journal, Senate Majority Leader Harry Reid […]