News
Historic Landmark Turns Into New Hotel; Doylestown Inn For Sale Now
By Veronica Grecu, Associate Editor
The historic Warner Theater located at 120 N. High Street in downtown West Chester is undergoing a complex renovation and is set to become the borough’s first hotel in decades, informs the Daily Local News. The construction […]
American Campus Plans 500 Student Units for University of Florida
By Georgiana Mihaila, Associate Editor
American Campus Communities bought the University Shoppes across from the University of Florida and plans a major redevelopment for the 14-acre property. The shopping center, located on the northwest corner of University Boulevard and Alafaya Trail, […]
Rethinking Development and Investments on the Strip
By Alex Girda, Associate Editor
For a city in which new development meant nine figures and mega-resorts were a yearly happening, things have changed considerably as a result of the massive hit the Strip has taken from the ongoing recession. Now, […]
Development Finally Underway at Former University Hospital
By Alex Girda, Associate Editor
The University of Colorado Hospital campus site has been awaiting redevelopment for a full decade now, and The Denver Post reports that the waiting has paid off with Sembler Co’s purchase of the 28-acre property in […]
Waterford Place Apartments, Memphis Airport Hotel & Conference Center Bought Out of Foreclosure
By Amalia Otet, Associate Editor
The Memphis housing market shows signs of a recovery as home sales improve month after month. Yet foreclosures still bring about the best investment opportunities, especially in the multifamily sector as the general economic trend continues […]
High-end Community Planned for The Queen City
By Amalia Otet, Associate Editor
The Charlotte metropolitan area is currently seeing an improvement in home sales, indicating signs of a market rebound; numbers show a sound 9.7 percent increase in closings as compared to the same period last year—from 1,980 […]
Office, Data-Center Portfolio Sold for $138.5M in D.C. Area
Tysons East Metro Portfolio, a five-building complex encompassing approximately 310,800 square feet of office-and-data-center space in McLean, Va., has found a new home for the price of $138.5 million.
Behringer Harvard Scores Big Lease Deals in Chicago, Houston, San Fran
Behringer Harvard has secured renewed commitments and new leases totaling nearly 560,000 square feet at three of its office properties in the leading markets of Chicago, Houston and suburban San Francisco.
JLL Secures Nearly $300M in Loans for Two Dallas Properties
JLL’s capital-markets team has secured two new loans: a $205 million transaction for The Crescent through MetLife and a $93 million deal for the Trammell Crow Center through Northwestern Mutual.
A Deal for North L.A.’s Largest Industrial Lease of 2011
In the largest industrial-building lease this year in the Santa Clarita and San Fernando Valley area, Deluxe Media Management has taken a 229,450-square-foot lease in the Vista Business Park in Valencia, Calif.