National
390-Unit Luxury M-F Property Breaks Ground at New M-U Development in The Woodlands
The Howard Hughes Corporation and its wholly-owned subsidiary The Woodlands Development Company have broken ground on a 390-unit, multi-family project situated in the new 66-acre mixed-use development of Hughes Landing.
New Gables Community to Sit Atop Whole Foods Market
Gables Residential has kicked off construction of its newest Dallas development, a mixed-use project at the intersection of McKinney Avenue and Routh Street in the Uptown district.
Marriott Grande Pines Golf Club Redevelopment on the Horizon
Apartments, timeshares, hotel rooms and commercial space are included in the plan.
State Greenlights Sale of Landmark Medical Center in Woonsocket
The Rhode Island Office of the Attorney General has approved the sale of the Landmark Medical Center in Woonsocket and its subsidiary, the Rehabilitation Hospital of Rhode Island in North Smithfield, to California-based Prime Healthcare Services. The decision concludes the regulatory process, as it follows the Department of Health’s approval.
Developers Complete First Phase of Construction at Brooklyn’s Navy Green
City officials and developers gathered last week at the former site of the “Brig”, a former naval prison in Brooklyn’s Fort Greene, to celebrate the completion of the first phase of an $18 million project designed to reconvert the site into affordable housing.
225 Centre Building Adds 103 Rental Units in Jackson Square, More to Follow
The intersection of Columbus Avenue and Centre Street, an underutilized section in Boston’s Jamaica Plain neighborhood, is going through some major changes. Four decades after much of the area was bulldozed to make room for a highway expansion program that was never built, city officials and development partners last week celebrated an important milestone of an ambitious, $250 million redevelopment project of the Jackson Square community that will serve as a gateway between Jamaica Plain and Roxbury.
Improving Retail Market Scores Hanley Investment Numerous Deals Totaling $87 Million
The pace of investment for the Los Angeles retail market is steadily improving, and brokerage companies are loving every second of it. A recent press release from Hanley Investment Urban Retail Advisors indicates the uptick in deals completed by company representatives in the Los Angeles market. Carlos J. Lopez, President of the company, has recently closed $87 million worth of transactions in the recent timeframe. Hanley Investment Urban Retail Advisors is a division of Hanley Investment Group Real Estate Advisors whose main activity involves the sale and advisory of high profile mixed-use and urban retail properties in dynamic districts.
FCC Environmental to Start Work on $50M Used Oil Recycling Facility in Baltimore in Q2 2014
FCC Environmental, a Houston-based service provider of waste oil collection and processing, announced it will break ground on a used motor oil recycling facility in Baltimore, in the second quarter of 2014.
Buchanan Street Partners Arranges $95M Financing for Peachtree Pointe
Buchanan Street Partners effectuated a $95 Million Loan on Atlanta office complex Peachtree Pointe.
Fuqua and Regency Plans Shopping Center on $3M Site it Purchased
Fuqua Development and Regency Centers Corp. acquired a downtown plot of about two acres from Pope & Land Enterprise Inc. of Atlanta for $3.085 million. The former landlord acquired the Brooklyn site located at the intersection of Riverside Avenue and Jackson Street from a bank in late 2011. The partnership’s intention is to establish a grocer-anchored shopping center on the yet empty parcel.