National

Five Welton Street Projects Win $475,000 in Planning Grants Through the Welton Design / Development Challenge

Denver Mayor Michael B. Hancock and the Denver Office of Economic Development recently announced the winners of the very first Welton Design / Development Challenge, a new grant-making approach which aims to provide momentum to revitalize one of Denver’s most historic neighborhoods.

Orlando’s First Community Solar Farm Started Production in OUC’s Gardenia Campus

ESA Renewables has recently announced the completion of the first community solar farm in Orlando. The 2.5-acre array has a 400 kW output and as a community solar farm, it is only the second of its kind in the whole of the Sunshine State.

Physicians Realty Closes Purchase and Leaseback of Four Medical Office Buildings

Physicians Realty L.P., an operating partnership of Physicians Realty Trust closed on the purchase and leaseback of four medical facilities located in Jackson, Conyers and McDonough.

A Dozen of Marina Palms Penthouse Residences Hit the Market

Douglas Elliman Real Estate launches the sales of 12 Sky Residence penthouse properties at Marina Palms Yacht Club and Residences.

HFF Represents JCI Residential in the Sale of Silverado Crossings Class A Multi-housing Community

The newly constructed Silverado Crossing has been purchased by the Meagher Family Trust; JCI Residential was the seller, represented by HFF (Holliday Fenoglio Fowler, L.P.). Terms of the transaction were undisclosed, but the acquisition of the complex ran its course free and clear of debt, projecting full stabilization.

New West Cypress Hills Elementary School Will Open This Year Courtesy of MileStone Community Builders

Only 30 minutes from Austin’s downtown lie some of the most stunning views of beautiful hill country land, hundreds of acres accessible to greenbelts, trails, and parks surrounding the West Cypress Hills Lake Travis Community. The builder, MileStone Community Builders, LLC, recently announced that the new West Cypress Hills Elementary School will open in 2014.

Publix, Whole Foods Expanding in Metro Charlotte

Publix has officially broken into the North Carolina retail market with the opening of Publix at Ballantyne Town Center, its first location in the state.

PK Partners Plans $80M Mixed-Use Project on Vacant Parcels in Indianapolis

An $80 million commercial and residential project could soon rise on two vacant parcels along River Crossing Boulevard in Indianapolis.

Downtown Office Hi-Rise to be Redeveloped into Hotel, Apartments in $100M Project

100 North Main, the iconic downtown office building formerly known as the Union Planters Building is officially headed for redevelopment.

Portland Hospitality Heats Up: Lloyd Center DoubleTree Goes Up for Sale, Governor Hotel Gets New Name

The debate over the development of a major hotel-convention center in downtown Portland has been going on for quite a while. Now, a property that could influence willing investors has been put up for sale by its owner, prompting new discussions about a new major hospitality project in the city. Mount Kellett Capital has reportedly hired Eastdil Secured to handle the marketing process for the DoubleTree by Hilton Hotel in the Lloyd Center. The property is currently valued at around $100 million, according to the Portland Business Journal.