News

Company Giants Bid for Central Park M-U Project in Dublin Worth $420M

A massive mixed-use project, Central Park, is set for expansion as a major real estate deal nears completion in Ireland’s capital.

Apartments and Boutique Hotel Coming to Queen Village

An entire that comprises 13 buildings spanning from the corner of 5thand Bainbridge to Kater Street in the neighborhood of Queen Village immediately south of Center City will soon be replaced by an interesting mix of apartment buildings and an upscale boutique hotel.

Friedman-led JV Grabs 430 KSF at Arboretum Office Park

Arboretum Office Park, a 600,000-square-foot business complex located at 34405-34605 W. Twelve Mile Road in Farmington Hills, was almost fully sold to a private partnership called Arboretum Acquisitions LLC.

Allegheny County Health Department Site to Bring New Apartments and Offices in Oakland

MWK Forbes LLC is planning to develop apartments and offices at the site of the Allegheny County Health Department in the city’s West Oakland neighborhood.

State Funds Community College Expansions in Metro Nashville

As part of its Drive to 55 program, the state of Tennessee will provide over $100 million in community college projects throughout the state, including $65.4 million to two Metro Nashville community colleges, announced Gov. Bill Haslam in his recent State of State address.

Ben Carter Enterprises to Buy Several Buildings in Downtown Savannah

Atlanta-based Ben Carter Enterprises has unveiled a $72 million mixed-use plan to buy more than 20 buildings in downtown Savannah to give the historic Broughton Street shopping and dining district an economic boost.

CIM Group Acquires 7-Asset Portfolio from CW Capital

CIM Group has acquired a seven-asset portfolio headlined by Two California Plaza, a 52-story, Class A office building in downtown Los Angeles.

Economy Watch: Residential Foreclosures Still Slowing Down; SoCal Home Sales Down

January marked the 40th consecutive month where U.S. foreclosure activity declined on an annual basis. And the bellwether Southern California residential market logged its lowest January home sales in three years.

New Construction Phases Beginning in Providence Golf Community

Providence luxury gated golf community in Davenport is facing a significant gain as a group of developers answer the demand for new construction. Beside the community’s main developer, ABD Development, builders currently constructing new homes in Providence include Park Square, Lennar, Richmond American and D.R. Horton.

Vesta Solidifies Alpharetta Location as Eastern Region Hub

Cushman & Wakefield announced recently that it represented Portland, Ore.-based Vesta Corporation in a 36,556-square-foot long term lease. The seven-year contract at Brookside Concourse in Alpharetta replaces the electronic payment solutions provider’s previous sublease.