News
Alliance Partners Buys 482 KSF Office Tower in Nashville from Parmenter
Alliance Partners has purchased Nashville City Center, a 482,400-square-foot, 27-story office building, from Parmenter Realty Partners.
Economy Watch: October Jobs Report Details
The unexpectedly strong employment report for October – 204,000 jobs created – spotlighted various positive employment trends for the economy.
Amazon to Build 1 MSF Distribution Center in Kenosha
E-commerce retail giant Amazon.com Inc. has officially unveiled its plan to establish a 1 million-square-foot distribution and order fulfillment center in Kenosha. The Seattle-based company will also create more than 1,000 full-time jobs at the new facility.
Parkes Development Wins Key Approval for $33M Tulsa Retail Project
The Mayor of Tulsa, Dewey Bartlett, recently announced a new multi-million dollar Tulsa retail development. The Walk at Tulsa Hills, a $32.5 million retail development planned for the South 81st Street / Highway 75 corridor, will provide new retail and restaurants for Tulsa and will also add over 1,000 jobs, including temporary construction jobs and permanent jobs, according to Nashville, TN-based Parkes Development Group LLC.
101 Ellwood Modern Apartments & Lofts Opens its Doors to First Residents
Baltimore’s Highlandtown Middle School was designed by architects Wyatt and Nolting and is considered one of the most important historical and architectural buildings in the area. The seven-story building opened in 1934 and operated until 2005. Last year, Shaffin Jetta and Focus Development, Inc., his company, started a $27 million redevelopment project to convert the old school into luxury apartments.
‘America’s Number 1 Digital City’ Welcomes New Facebook Engineering Office
If you’re passionate about everything that has to do with technology and communication and you’re looking to relocate to a vibrant city, then Boston might just be your best option.
City Launches RFP to Redevelop Crown Heights’ Bedford Union Armory
The century-old Bedford Union Armory in Brooklyn’s Crown Heights section has high chances to be transformed into a public recreation center. The New York City Economic Development Corp. (NYCEDC) recently issued a request for proposals to revitalize the long-vacant armory into a community-friendly space or sports venue.
Pangea Achieves 90% Occupancy in Record Time for Two Turn Around Properties
Pangea Properties, a private real estate investment trust based in Chicago, has announced that, after having made significant property improvements, it has achieved 90 percent occupancy for two of its recently acquired Indianapolis communities. The company purchased both 109-unit Pangea Courts and 120-unit Pangea Riverside in 2012.
Laramar, Covington Open Building at Vanguard Crossing for Leasing
The Laramar Group in a joint venture with Covington Realty Partners LLC recently announced the completion and opening for leasing of the first building at Vanguard Crossing.
Growth Properties Hospitality Management to Manage Memphis Airport Hotel & Conference Center
Bensalem, Pennsylvania-based Growth Properties Hospitality Management has announced striking a deal for providing management services to the Memphis Airport Hotel & Conference Center, a 374-key hotel near Memphis International Airport.