News
$36.8M Facility to Be Added to North Carolina Data Center Corridor
Merely weeks after Apple Inc.’s purchase of 200 acres in Catawba County, N.C. to consolidate its data center operations comes the announcement of another major investment for North Carolina’s growing information technology sector.
Madison Apartment Group Breaks Ground on Luxury M-F Development in Bucks County
By Veronica Grecu, Associate Editor Madison Apartment Group, the multifamily operating arm of Philadelphia-based BPG Properties, Ltd., recently broke ground on an apartment community called Madison New Britain and located in Chalfont, PA, in the heart of historic Bucks County. Madison New Britain is the first multifamily rental community to be created in the region […]
Shell Proposes $7.6 Million Payment Plan to Beaver County
By Adriana Pop, Associate Editor Royal Dutch Shell has proposed a payment plan to Beaver County officials that could bring local entities $7.6 million if the company decides to build a massive ethane cracker facility in the region. According to the Pittsburgh Post-Gazette, Shell’s proposed development had threatened to deprive the Potter Township and the […]
135,000 SF Greenbriar Business Park Changes Hands
Greenbriar Business Park, a 135,652-square-foot office and flex property located in Nashville’s Airport North submarket, recently changed hands.
Miller-Valentine Starts $11.5M Senior Housing Complex
The Miller-Valentine Group has kicked off Delaware Place Apartments, an $11.5 million affordable senior housing complex in Delaware.
Caesars Entertainment and Caruso Affiliates Announce First Wave of LINQ Tenants
By Alex Girda, Associate Editor Caesars Entertainment has revealed the initial lineup of restaurants, retailers and entertainment venues for the LINQ, its $550 million open-air district scheduled to open on the Las Vegas Strip in late 2013. The tenants will join such previously announced attractions as a giant Ferris wheel. Leading development at the 300,000-square-foot […]
Sentinel to Build Durham’s First Mega-Scale, Multi-Tenant Data Center
by Adriana Pop, Associate Editor Sentinel Data Centers of Massachusetts has announced it would build a 420,000-square-foot facility in Durham, the region’s first purpose-built multi-tenant data center for large-footprint users. The initial phase of the Sentinel NC-1 facility will deliver 120,000 square feet by early 2013. “We welcome Sentinel Data Centers to North Carolina as […]
JLL Signs Law Firm for 14K SF in SunTrust Financial Centre
Florida law firm Gunster signed a long-term lease for 14,298 square feet at the SunTrust Financial Centre. The firm had recently entered the Tampa Bay market.
Curacao Opens 85K SF Mega Store in Tucson
Curacao opened its first mega-store in Tucson. The store is the company’s second in Arizona, and it was originally scheduled to open in 2008. The main reason for the delay was the economic crisis, said Rick Hutton, president of Curacao. Nonetheless, Hutton admits that Arizona was always on the expansion list, as quoted by the Inside Tucson Business.
The Outlook for Investing in Secondary and Tertiary Markets
Key takeaways from the recent MHN-CPE webinar “Secondary and Tertiary Markets: Identifying, Finding and Investing in Commercial Real Estate Opportunities.”