National
Research Triangle Foundation Buys 100 Acres for Triangle’s First Mixed-Use Expansion
The Research Triangle Foundation, the nonprofit that built the Research Triangle Park (RTP) back in the 50s, has recently announced the acquisition of several adjacent properties along I-40, where it intends to add new development.
Resmark and Timberlake Homes Constructing Creekstone Village Townhome Community in Anne Arundel County
A new, single-family townhome community is coming to Anne Arundel County. Resmark Land and Housing, a division of The Los Angeles-based Resmark Companies, and Timberlake Homes announced at the end of January that construction is underway on Creekstone Village in Pasadena. The project is expected to be completed in 36 months.
Vertex Pharmaceutical Opens New Headquarters at 11 Fan Pier Boulevard
A ribbon-cutting ceremony recently marked the formal opening of Vertex Pharmaceutical’s global headquarters building in South Boston’s growing Innovation District. Located at 11 Fan Pier Boulevard in Fort Point, the $800 million complex that broke ground in June 2011consists of two, 16-story interconnected buildings designed to stimulate collaboration and attract new talented scientists to the 25-year-old biotech company.
Australian Energy Efficiency Company to Open U.S. Headquarters at the Philadelphia Navy Yard
Business is thriving in South Philadelphia as a new tenant was officially added to the long list of companies at the growing Navy Yard campus.
New Emergency Department Opens at DMC Sinai-Grace Hospital
Detroit Medical Center (DMC) Sinai-Grace Hospital recently unveiled its brand new Emergency Department facility in northwest Detroit–a long overdue hospital addition that took two years to complete.
New York Investor to Acquire 800-Unit Apartment Asset in Pittsburgh
Real estate investment firm Faros Properties of New York is buying the Allegheny Center Apartments on the city’s North Side from the Allegheny Center Associates, the Pittsburgh Business Times reports.
Private Sector to Take Over Nashville’s Senior Housing Assets
Metro Nashville is looking to get out of the senior housing business, giving its two senior housing facilities over to private operators in a move that would result in a third private-sector senior living community.
Tim & Terri Overman Join Davidson Realty
Davidson Realty, Inc., a leading real estate firm operating in Jacksonville ans St. Augustine has recently added Tim and Terri Overman to its sales team.
Securaplane Inaugurates 55,000-Sq.-Ft. Facility in Oro Valley
Securaplane’s strong growth has made it inevitable for the avionics products supplier to eventually outgrow its Foothills Business Park location. The company has found the solution and completed expansion just recently in Oro Valley. The newly constructed 55,000 square foot facility is located within Industrial Park and will house 180 employees.
Former Nob Hill Parole Building for Sale or Lease through Allen Simon RE Group
The Nob Hill area is one of the state’s best preserved areas, overlapping with the renowned Route 66; the famous road goes through the epicenter of Albuquerque, flaunting many neon signs and deco-inspired towers. Nob Hill is the connection point between the commercial and residential areas of the city and now offers for sale or lease the building at 3010 Monte Vista Blvd. NE.