News
University of North Texas’ New Stadium Earns LEED Platinum
At the University of North Texas in Denton, green takes on new significance beyond the Mean Green athletics program, as the school’s recently completed $79 million stadium was certified as LEED Platinum.
Breaking News: Blackstone Buys a Billion
Blackstone has just spent $1.1 billion on an 82-building, 10.1 MSF portfolio, buying suburban office assets in seven markets across the Midwest and South from Duke Realty Corp.
Western National Spends $95M on Orange County Apartment Complex
Western National Group has acquired the 368-unit Seacrest Luxury Apartments in San Clemente, Calif., for $95.4 million from an affiliate of TRECAP Partners.
Local Investors Help Suburban Condo Market Rise Again
By Veronica Grecu, Associate Editor
Despite the rather gloomy condo market, Greg Moyer of Skokie-based Moyer Properties LLC teamed up with local investors David Nankin and Jeffrey Annenberg to acquire a 154-unit Buffalo Grove condominium project for nearly $12 million, reports […]
$170M Brickell House to Become Miami’s Newest Condo Tower
By Georgiana Mihaila, Associate Editor
A new $170 million condo high-rise is in store for the Brickell area, as announced by developer Newgard Development Group. According to The Miami Herald, Brickell House is merely the first in a wave of condo […]
IKEA Expands Round Rock Store; Developer Buys Third Facility in Austin
By Camelia Bulea, Associate Editor
The Round Rock IKEA store will be expanded by 54,000 square feet, which will bring the total store area to 306,900 square feet. Construction will begin this month, and the new project is expected to be […]
Loeb Properties Reveals New Redevelopment Plans for Overton Square
By Amalia Otet, Associate Editor
Loeb Properties, a Memphis-based commercial real estate firm, recently revealed new plans for the revitalization of Overton Square, designed to transform a once-vibrant area into a theater, art and entertainment district.
Overton Square is an area of […]
Wood Partners to Deliver Senior Community in Charlotte; Presbyterian Healthcare Plans $84M Orthopedic Hospital
By Amalia Otet, Associate Editor
Atlanta-based Wood Partners is about to wrap up construction of Steele Creek Seniors, a $13 million apartment community in southwest Charlotte. The development is expected to be finalized before the end of the month.
Wood Partners, a […]
Economy Watch: Existing Home Sales Decline, Jobless Claims Inch Downward
Existing-home sales saw a 3 percent slide in September, according to the NAR. The U.S. Leading Economic Index increased 0.2 percent in the same month. And jobless claims for the week ending Oct. 15 were down 6,000 from the previous week.
Kensington Breaks Ground on $172M Apartment Tower; High-End Home Sales Up 13%
By Veronica Grecu, Associate Editor
Over six months after receiving the green light from city officials, construction on a new residential building finally began last week at the corner of Washington and LaGrange streets, reports the The Boston Herald. The $172 […]