News
Swire Coca-Cola Leases 257 KSF from United Properties in Denver Area
A Coca-Cola distributor has leased a 257,351-square-foot warehouse under construction at United Properties’ Enterprise Business Center in Stapleton, Colo., in a deal negotiated by Newmark Grubb Knight Frank.
Grosvenor Buys 11 Office Buildings in Seattle Suburb for $167M
Grosvenor Americas acquired a group of 11 Class A office buildings in Bothell, Wash., a Seattle suburb, from owner/developer Schnitzer West for $167 million.
Temple University Switches to Clean Energy
By the end of December one of the buildings located on Temple University’s Main Campus in Philadelphia will be equipped with a 63 kilowatt rooftop photovoltaic system.
Gilbert-Owned Companies Snag Two More Office Buildings, Invite Artists to Color Garage Building
Detroit’s filing for bankruptcy is not that big of an obstacle for Dan Gilbert, the second largest private real estate investor in Detroit after General Motors, who seems to be on the right track to control the entire downtown area.
More Apartments Planned for the Strip District
As demand for apartments continues to be strong in the Pittsburgh region, Shadyside-based Schreiber Real Estate is planning the construction of a six-story residential building in the city’s Strip District. According to the Pittsburgh Post-Gazette, the 59-unit apartment complex will be located at Smallman and 11th streets near the David L. Lawrence Convention Center.
2,800 New Jobs Announced for Greater Nashville Area
Several projects worth hundreds of millions of dollars each have been recently announced for the greater Nashville area and they’re projected to create several thousand new jobs.
Madison Acquires Stake in Two-Property Portfolio in California
By Alex Girda, Associate Editor Two Bay Area properties were the object of a recent stake acquisition by private equity firm, Madison International Realty. The company has moved on the market for a share of a two-building portfolio owned by a closed-end fund sponsored by Deutsche Asset & Wealth Management for an undisclosed fee. According […]
$34 M Bond Refinances South Carolina Senior Care Centers, Covers Further Expansion
Lutheran Homes of South Carolina, Inc., a faith-based, not-for-profit adult care and services organization has secured a $34.45 million bond financing after collaborating with the South Carolina Jobs-Economic Development Authority (JEDA).
Aloft Hotels Slated to Open in Raleigh and Durham by Mid-2015
Starwood Hotels & Resorts has announced it would bring the Aloft brand to the Triangle with the opening of two new properties.
USAA Real Estate to Build $200M Amazon Fulfillment Center
The online retailer got the green light to start its expansion in Ruskin, near Interstate 75 and State Road 674 in far southeastern Hillsborough.