Mixed Use
Bell Works Lands $70M in Financing
Somerset Development is transforming the two million-square-foot property into an indoor “downtown area” with retail on the ground floor, office and hotel on the upper floors, as well as single-family and townhomes.
New Mixed-Use Project Coming to Scottsdale
The $25 million Chauncey Lane project will bring a broad range of high-end retailers, restaurants and fitness centers alongside adjacent luxury residences.
St. John Properties Closes 100 KSF in B’More-Area Leases
The seven companies inked for space within Greenleigh at Crossroads, a phase of the 1,000-acre development Baltimore Crossroads @ 95.
HFF Facilitates $16M Sale of NC Site
Managing Directors Justin Good and Jeff Glenn together with Senior Director Allan Lynch represented Wells Fargo Bank in the sale of a roughly 19-acre site in Raleigh, N.C., to DeWitt Carolinas Inc.
Lifescapes Completes Design for $1.1B Resort in South Korea
Paradise Group and Sega Sammy Holdings are developing the 83-acre project, which will include a luxury hotel, a casino, a convention center, an art gallery, retail and restaurants.
Streetplus to Manage 3 San Fran Benefit Districts
All three downtown Community Benefit Districts were previously managed by MJM management Group, which will serve as a local advisor to Streetplus over the next two years.
Metrogroup Secures Acquisition Financing for OC Asset
The company landed financing for 46 percent of the purchase price. The buyer recognized the property’s potential for value creation, given the nearby $450 million project underway.
AJ Manufacturing Doubles Capacity, Moves HQ
The company moved to the Three Trails Industrial Park, a Class A industrial park in southern Kansas City, Mo. AJ also added equipment to its new plant.
Vista Acquires 82 KSF Mixed-Use Asset in Seattle
The company paid $14.6 million to purchase the property, which is part of the city’s history as Boeing’s first headquarters.
Alterra Worldwide Acquires 520 KSF Mixed-Use Asset
The company plans to complete a $104 million redevelopment of the project, which will include 240 units, a 220-key hotel and commercial space.