National
August Wilson Center in Downtown Pittsburgh Could Be Liquidated
A court-appointed conservator recommends that the August Wilson Center for African American Culture in downtown Pittsburgh be sold and its assets liquidated.
Luxury Apartments Headed for Record-Breaking Sales, $50M Westmont Apartments Set to Break Ground
Following the recent $51.25 million sale of the 244-unit West End Village, it looks like record-breaking is in the air for Nashville’s apartment market.
Magnum/40 North J-V to Develop Student Housing in Manhattan
The School of Visual Arts, one of the largest independently regionally accredited art colleges in the country, will add a new dormitory building to its campus in the Kips Bay neighborhood of Manhattan.
WeWork Joins Boston Startup Madness with Two Shared Offices
Judging by the number of large companies that recently moved in Boston’s buzzing Financial District or are building their own high-profile business centers in the fast-growing Seaport District, the Hub is one of the cities that almost fully recovered from the economic downturn. While this translates into big cash revenue for the city, low vacancy rates and soaring rents have forced small-sized businesses reconsider their options for office spaces.
Partnership Between Centennial and Lincoln Completes its Fifth Acquisition with $20 Million Santa Monica Buy
One of the most high-profile shopping locations in Santa Monica is set to be given a boost as a recent deal was recently completed for one of its anchor properties. A joint venture between Lincoln Property Company and Centennial Real Estate has moved on the market to acquire a retail property for a fee of $20.5 million. The partnership will reportedly take the newly acquired property through an extensive renovation process that would add value to the asset.
Public-Private Partnership Brings 878 Student Housing Beds and 110KSF Office Building to Columbia
Student housing continues to enjoy an upswing in South Carolina, with Columbia being at the foremost of student housing activity. And a new public-private partnership between the University of South Carolina (USC) and Atlanta-based Holder Properties will spice things further up.
Highwoods Properties to Develop $15M Build-To-Suit HQ for Biologics in Cary
Highwoods Properties has been selected to develop a 75,000-square-foot, three-story Class A office building for Biologics, Inc. in Cary. The new facility is slated to rise on seven acres of Highwoods -owned land at Weston Parkway.
University of North Florida, Habitat for Humanity Join to Build Homes in Historic New Town
The University of North Florida joined with Habitat for Humanity of Jacksonville to build a home in the historic New Town neighborhood. Building of the ranch-style model home at 1819 West 5th Street was supervised by UNF’s College of Computing, Engineering and Construction students.
New Tucson Water Treatment Facility Completed
Tucson Water’s Advanced Oxidation Process Water Treatment Facility has recently been inaugurated. Construction began in July 2012 and was completed on schedule and within budget.
Harley-Davidson Announces Second, 12,000-Sq.-Ft., Retail Store in Albuquerque
Albuquerque proved to be a prosperous environment for the Harley-Davidson® product and culture, so prosperous that a second retail store has been announced to open to meet customer demands. The new location will open in March at 8605 Lomas Boulevard NE and will operate in addition to the existing Thunderbird Harley-Davidson®.