News
BRA Approves $500M Mixed-Use Development in Brighton Area
The Boston Redevelopment Authority (BRA) Board unanimously approved New Brighton Landing, LLC’s $500 million development project in Allston-Brighton on an underutilized property located at 38-180 Guest Street and 77 Guest Street.
One Hartsfield Centre Hits the Market
By Georgiana Mihaila, Associate Editor The 150,000-square-foot, Class A office building overlooking the north end of Hartsfield-Jackson Atlanta International Airport is now up for grabs. Leading commercial real estate services provider Cassidy Turley has already commenced marketing efforts. The sales team for One Hartsfield Centre consists of Gary Lee, managing director, Mike Shelly, a senior […]
BioMed Realty Trust Expands San Diego Portfolio
By Gabriel Circiog, Associate Editor BioMed Realty Trust, Inc. has acquired two parcels of land totaling 28 acres in San Diego for approximately $47 million, excluding transaction costs. The locally based company announced that it has leased the two sites to Advanced BioHealing, Inc., a subsidiary of Shire plc, in a long term deal. Advanced […]
New Luxury Apartment Community Planned at New Longview; Independence Avenue CID Proposed
By Gabriel Circiog, Associate Editor A new luxury apartment community, planned in west Lee’s Summit, has drawn opposition from local residents, Lee’s Summit Journal reports. The $25 million project, called Hearthview at New Longview, calls for the construction of between 250 and 270 units on a vacant parcel southeast of Kessler Drive and Longview Road. […]
Tanger, Gordon Group Plan Upscale Outlet Center at Connecticut Casino Complex
Taking a cue from Las Vegas, Tanger Outlets Foxwoods will link the 312,000-square-foot center to two hotels at Foxwoods Resort Casino, the largest of its kind in the United States by gaming square footage.
Ventas Sells 12 Seniors Communities to Assisted Living Concepts for $100M
The transaction resolves recent litigation between the two companies and also severs the ties between them.
Avison Young Picks Pittsburgh For U.S. Office No. 15
Canada’s largest independent commercial real estate services company has now opened seven U.S. offices in just the last three months and 15 altogether.
Stiles Realty Taps Industry Veteran Paul Marko as President
The CBRE alumnus’ new mission: enhancing the firm’s presence across Florida while strengthening its foothold in core South Florida markets.
Economy Watch: Homebuilders Haven’t Lost Confidence Yet
Builder expectations are modest but holding steady; investor relief over Greek election is short-lived.
Savanna Sells $158M Senior Note Secured by D.C. Office Properties
Savanna wrapped up the sale to Apollo Global Real Estate of a majority interest in a $157.7 million note collateralized by a 1.4 million-square-foot office portfolio in Rosslyn, Va.