News

YMCA to Begin Construction on $22M Project at CityWay in Downtown Indianapolis Next Month

The YMCA of Greater Indianapolis will break ground on a new $22 million facility at the CityWay development in downtown Indianapolis next month.

100-Bed Methodist Olive Branch Hospital Awarded LEED Gold

Methodist Olive Branch Hospital has become the first in-patient healthcare facility in the US to attain LEED for Healthcare Gold Certification, announced Methodist Healthcare.

East Charlotte Could See Development of $65M Sports Complex

Bojangles Coliseum and its surrounding area could be redeveloped into a $65 million amateur sports complex, pending city council approval

Vyne on Central Completes Second Phase; Creekside Apartments Refinanced

Real estate firm 759 Ventures has completed the 65-unit second phase of Vyne on Central, a condo-turned-apartment project in Charlotte’s Plaza-Midwood neighborhood

High-Tech Fitness Company Peloton to Relocate into New HQ in Midtown South

Peloton Interactive, a fast- growing high-tech fitness company that was founded in 2012, will soon leave its current address at 227 West 29th Street and move into new world headquarters in Manhattan.

Cabot, Cabot and Forbes and Boston Andes Capital Pay $10.3 Million for South Quincy Site

Boston-based real estate developer Cabot, Cabot and Forbes (CC&F) and its capital partner, Boston Andes Capital, recently paid $10.3 million for a 2.3-acre development site in South Quincy.

Hines and Oaktree Partner Yet Again for the Acquisition of Brea Place Office Campus

International real estate firm Hines recently announced the purchase of Brea Place, a sprawling office campus that also includes a plot of mixed-use development land, part of its ongoing partnership with Oaktree Capital Management. Financial terms of the deal were not disclosed to the press.

New Key’s Pointe Residences Open in Baltimore, Part of O’Donnell Heights Revitalization

At the start of the month, the city of Baltimore celebrated the opening of the newly constructed Key’s Pointe Residences, the first phase of the O’Donnell Heights Revitalization project. Mayor Stephanie Rawlings-Blake was present at the ribbon-cutting ceremony together with Paul T. Graziano, Executive Director of the Housing Authority of Baltimore City, The Michaels Development Company, AHC-Greater Baltimore, Inc., and other elected officials and members of the community.

Habitat Metro, Sunbelt Holdings to Break Ground on $75M Downtown Condo Project

Habitat Metro, in a joint venture with Scottsdale-based Sunbelt Holdings, plans to break ground by the end of the year on Portland Park, a 170-unit mixed-use development.

Trammell Crow, Principal Break Ground on 462 KSF Office Tower in Seattle Area

Just outside of Seattle, the Bellevue, Wash., office market is about to expand by nearly a half-million square feet of coveted space, now that Trammell Crow and Principal Real Estate Investors have broken ground on 929 Office Tower.