News

Premier Outlets to Build 400 KSF Fashion Outlet Mall in Augusta, Ga.

Premier Outlets, a division of Atlanta-based Ben Carter Enterprises, is planning a $200 million, 400,000-square-foot fashion outlet mall in Augusta, Ga.

Australian Energy Efficiency Company to Open U.S. Headquarters at the Philadelphia Navy Yard

Business is thriving in South Philadelphia as a new tenant was officially added to the long list of companies at the growing Navy Yard campus.

New Emergency Department Opens at DMC Sinai-Grace Hospital

Detroit Medical Center (DMC) Sinai-Grace Hospital recently unveiled its brand new Emergency Department facility in northwest Detroit–a long overdue hospital addition that took two years to complete.

New York Investor to Acquire 800-Unit Apartment Asset in Pittsburgh

Real estate investment firm Faros Properties of New York is buying the Allegheny Center Apartments on the city’s North Side from the Allegheny Center Associates, the Pittsburgh Business Times reports.

Private Sector to Take Over Nashville’s Senior Housing Assets

Metro Nashville is looking to get out of the senior housing business, giving its two senior housing facilities over to private operators in a move that would result in a third private-sector senior living community.

Coldwell Banker Commercial Alliance Opens New Miami Office

Coldwell Banker Commercial Alliance has opened a new brokerage and advisory services operation in Miami, with commercial real estate brokerage veteran and former Miami-Dade municipal mayor Jim McCoy at its helm.

Economy Watch: Job Growth Tepid in January; Asking Prices for Homes Up; Investors Back to Buying

The economy created 113,000 jobs in January, a modest rebound from the slightly revised 75,000 in December. In January, asking home prices rose 1.1 percent month over month, the largest monthly gain since June 2013. Wall Street, which has been in a downward mood lately, scored a large up day on Thursday, perhaps in anticipation of the employment numbers on Friday.

Tim & Terri Overman Join Davidson Realty

Davidson Realty, Inc., a leading real estate firm operating in Jacksonville ans St. Augustine has recently added Tim and Terri Overman to its sales team.

Securaplane Inaugurates 55,000-Sq.-Ft. Facility in Oro Valley

Securaplane’s strong growth has made it inevitable for the avionics products supplier to eventually outgrow its Foothills Business Park location. The company has found the solution and completed expansion just recently in Oro Valley. The newly constructed 55,000 square foot facility is located within Industrial Park and will house 180 employees.

Former Nob Hill Parole Building for Sale or Lease through Allen Simon RE Group

The Nob Hill area is one of the state’s best preserved areas, overlapping with the renowned Route 66; the famous road goes through the epicenter of Albuquerque, flaunting many neon signs and deco-inspired towers. Nob Hill is the connection point between the commercial and residential areas of the city and now offers for sale or lease the building at 3010 Monte Vista Blvd. NE.