Mixed Use
Historic Charleston Cigar Factory Lands $50M Refi
Constructed in 1881, the building now offers creative office space, a signature restaurant, high-end retail and grade-level parking. Patterson Real Estate Advisory Group secured the fixed-rate, 20-year loan.
National Fitness Partners Doubles NC Footprint
GNT Holdings sold 12 Planet Fitness clubs operating in Charlotte to National Fitness Partners, which is backed by Argonne Capital Group.
$325M San Diego Mixed-Use Project Underway
A joint venture affiliated with Hammer Ventures recently acquired a former post office property in the city’s Point Loma/Midway district, which it plans to develop into a mixed-use project tentatively called The Point.
Stadium Square in Baltimore Lands First Tenant
Caves Valley Partners’ $275 million redevelopment project includes 650 luxury apartments, 300,000 square feet of office and 70,000 square feet of retail space.
Seattle Lands $670M Mixed-Use Project
Oakpointe Communities and Presidio Residential have received approval for the development of LakePointe Urban Village, a 214-acre master-planned community in Covington, Wash.
Opus Finalizes MC Machinery’s HQ
Construction at the new 175,000-square-foot corporate campus in Elk Grove Village, Ill. began last year in April. The facility offers a variety of spaces designed for office, showroom and warehouse use.
Master Plan Set for City Market of LA
The 10-acre site will include buildings ranging from three to 38 stories, offering 945 residential units, 210 hotel rooms, 225,000 square feet of retail, a restaurant, entertainment space and 312,000 square feet of educational facilities.
SL Development Secures $54M Loan for Williamsburg Warehouse Buy
Madison Realty Capital arranged the financing for the firm’s acquisition and upcoming development of a 90,000-square-foot mixed-use building in Brooklyn’s Williamsburg neighborhood. The redevelopment is slated for completion in July 2019.
Retail Phase of 210-Acre South Bay Center Underway
Sudberry Properties has purchased 12.5 acres from Stratford Land for the development of Millenia Commons, a 131,800-square-foot lifestyle destination center in Chula Vista, Calif., which will be a part of the master-planned Millenia community.
Lendlease to Build $200M Mixed-Use Project in DC
Construction of 1250 Half St., a 608,000-square-foot development featuring two 11-story towers, will bring 439 residential units and ground-level retail.