Mixed Use
$1B University of Oregon Science Campus Unveiled
The project is being designed by Bora Architects and Ennead Architects. Groundbreaking on the $225 million, 160,000-square-foot first phase is scheduled for early February 2018.
Armada Hoffler Initiates Phase VI of VA Development
Town Center, an ongoing partnership between Armada Hoffler Properties and the City of Virginia Beach, has seen more than $560 million in public and private funding. Phase VI brings two national retailers, as well as additional restaurants and apartments.
Fuqua to Develop ATL Mixed-Use Asset
Madison Yards, in Atlanta’s Reynoldstown, is Fuqua Development’s newest mixed-use project. The company plans to invest $250 million in the 17-acre site to develop 600 residential units and 130,000 square feet of retail, restaurant and office space.
Atlanta Business Park Trades for $3.2M
The 45,960-square-foot multi-tenant asset was 95 percent leased at the time of the transaction. Earlier this year, it was subject to a refinancing deal which included several industrial assets.
Construction Begins at New Henry Ford Detroit Pistons Performance Center
Slated to open in the summer of 2019, the campus is expected to incorporate a sports medicine, treatment and rehabilitation facility; an office component; and public spaces for community events.
Berkadia Completes Orlando, Tampa Transactions
The Orlando-area Winter Park Shopping Center received $27 million in financing, while the Villages at Turtle Creek, a suburban Tampa community, traded in an $18.6 million deal.
CBRE Closes Sale of Charlotte Business Park
The new owner plans to invest in multiple upgrades to the five-building property, including rebranding it as Oakhurst Commerce Centre.
Rising Sea Level and RE: How Serious Is its Impact on CA’s Coastline?
Drawing on a full-service land use and real estate development practice, Cox, Castle & Nicholson Partner Stanley Lamport talked to CPE about the impact of accelerated sea level rise and global warming on California’s real estate industry.
JV Nabs Suburban Boston Office/Flex Campus
The six-building Brookwood Business Center is located in Tewksbury and Billerica, Mass., and previously traded in 2010, when Brookwood Financial Partners acquired it through foreclosure for $15 million.
On the Market: 5 Interesting Listings for October
This month’s listings include a charming 1928-built dinner theater in Connecticut and a stately U.S. Bank building in one of Illinois’ wealthiest towns.