National
Kisco Senior Living, Health Care REIT to Begin Construction on New CCRC in Raleigh
Plans are moving forward for The Cardinal at North Hills, a long-delayed Continuing Care Retirement Community (CCRC) in Raleigh.
Universal Health Services Acquires Palo Verde Mental Health Facility
Universal Health Services of Tucson, LLC has announced the acquisition of Palo Verde Mental Health from Tucson Medical Center. The institution has been renamed Palo Verde Behavioral Health.
LGI Homes Offers Affordable Single-Family Homes in Albuquerque
Albuquerque has a new option for its inhabitants who want to change their housing status from renters into homebuyers through the newest community constructed by Woodlands-based LGI Homes, Inc. Camino Crossing offers in the city of Rio Rancho affordable homes starting at $799 per month.
McCraney’s Dade Paper Project Awarded Industrial Development of the Year
NAIOP Central Florida Chapter has recently distinguished McCraney Property Company’s Dade Paper project with the “Industrial Development of the Year” title. Presented at the Best of the Best Awards Gala, the award recognizes Dade Paper’s 150,000-square-foot state-of-the-art Central Florida Distribution Center and Offices for its overall design to meet the needs of the end user.
276-Unit Property in Historic Fourth Ward Offers Gigabit Internet
Developed by North American Properties, BOHO4W, as the project is called, is the first residential property in Atlanta to embrace the lightning-speed gigabit technology.The 276-unit community at Historic Fourth Ward Park is a so-called fiber-to-the-home or FTTH multifamily project that beside its innovative network, also keeps walkability in focus.
Dell Corporation Signs Up New Tenant at Miramar Centre Facility
CBRE has recently arranged a 91,872-square-foot lease for Univita Health Inc. at Dell Corporation’s Miramar office/call center facility. The new tenant’s purpose with the lease is to consolidate its South Florida operations into one single, central location.
Liberty Property Trust Renews 196KSF Industrial Leases in Charlotte
Liberty Property Trust, an $8.4 billion office and industrial property REIT, has announced renewing multiple leases across its Charlotte portfolio, keeping its occupancy steady 99 percent.
Northwestern Mutual Provides Mortgage Loan Worth $140 Million for Levi’s Plaza
The global headquarters of world-famous clothing brand Levi Strauss & Company was recently involved in a financing deal worth $140 million. The mortgage loan was provided by Northwestern Mutual, a real estate investment firm that deals with commercial mortgages, equities and securitized investments comprising all property types. The loan was taken on behalf of a group of investors that includes Gerson Bakar, Diane B. Wilsey and Interland.
Colab Space The Creative Block Kicks Off Construction in Downtown Baton Rouge
The revitalization of downtown Baton Rouge continues with a trendy new spot: The Creative Bloc, an 11,500-square-foot collaborative workspace and multimedia production hub.
Forsythe Technology to Build 221K SF “Retail Plus” Data Center Colocation Facility in Elk Grove Village
IT infrastructure Forsythe Technology recently announced it plans to design and build a state-of-the-art data center facility in Elk Grove Village, Illinois. The new 221,000-square-foot data center aims to address the needs of enterprises that are seeking for the best of both the retail and wholesale colocation data center markets.