National
Cassidy Turley to Lead Leasing Efforts for Allen Center; Renovations Kick off at Hines’ 600 Travis Sky Lobby
Brookfield Office Properties tapped Cassidy Turley to provide project leasing services for Allen Center, a 3.1-million-square foot, class A office complex in downtown Houston.
Caribou Coffee, Bruegger’s Bagels Open First Co-Branded Stores in Minnesota
Caribou Coffee and Bruegger’s Bagels recently announced they have developed new co-branded locations in Minnesota and national locations are to follow soon.
KDC Kicks Off Construction of AdvoCare Facility in Richardson
Dallas-based KDC has kicked off construction of a 260,000-square-foot office and warehouse facility in Richardson for AdvoCare International, a premier health and wellness company.
Walton Enters into Agreement with NVR to Build Homes at Westphalia Town Center
The Walton Group of Companies broke ground earlier this year on the massive Westphalia Town Center in Upper Marlboro, Maryland. Now, the Canadian developer has signed Reston-based NVR, Inc. as the first residential homebuilder for the the master planned, mixed-use community.
Developers Join Forces to Revive Overtown
Overtown’s fortunes are on the rise regarding the hundreds of construction jobs and long-term jobs a twin-project next to Lyric Theater is expected to bring.
CGI Acquires 55 Miracle Mile with $22 Million Loan
CGI Merchant Group LLC recently acquired 55 Miracle Mile, a mixed-used project for $26.75 million. The 65,000-square-foot property located in Coral Gables was previously owned by CF Miracle Mile, LLC. The transaction was partially backed by a loan.
New Luxury Apartments Come to Bird Road in Coral Gables
Mill Creek will develop 262 Class A luxury apartment units in Miami. The complex, standing in with Mill’s Modera brand name and indicating its location on Bird Road – an important traffic corridor of the area – is to be called Modera Bird. Central location of the luxury homes in the Coral Gables/Merrick Park submarket will offer easy access to three major Class A office hubs, hospitals, universities, cultural centers, banking, dining, shopping, etc. Douglas Station Metrorail stop is also nearby as well as Miami-Dade County Transit System’s Metrobus and the Coral Gables free trolley system’s lines.
Joint-Venture Acquires Hampton Inn Austin Airport
A newly created joint venture between Hostmark Hospitality Group and Pendo Investments announced the acquisition of Hampton Inn Austin Airport.
Parkway Sheds Charlotte Office Complex for $37.5M; California REIT Buys into NC Hotel Market
Newport Beach, Calif.-based REIT MIG Real Estate has announced the purchase of Homewood Suites Charlotte Airport, operated by Raleigh-based Concord Hospitality Enterprises.
Valencia Group Opens 132-Room Luxury Mediterranean-Style Hotel in Plaza Vista
Houston-based Valencia Group recently announced the grand opening of Hotel Sorella Country Club Plaza. The luxury hotel is situated in Kansas City’s premier shopping district and is the last piece of the puzzle, completing the Plaza Vista development. The hotel has a Mediterranean inspiration and a modern design, paying homage to the Spanish Seville influence of the Country Club Plaza.