National
San Marco Neighbors Welcome $50M Publix Mixed-Use Development
Last Thursday San Marco residents met with developers Whitehall Realty LP, Regency Centers Corp. and St. Joe Co. in a town hall meeting where updated plans for the East San Marco Publix development were presented to the public.
New $30M Westside Apartment Complex on the Rise
The largest sale in 2011 for a multifamily project in the Albuquerque area is now ground for the preliminary works on what will become an upscale apartment complex. Andalucia Villas will occupy 16.5 acres at Coors and Montaño in the Westside of the city, close to the Bosque School. The buyer and developer, Bay Hill Development LLC, has been represented by NAI Maestas & Ward.
Green Housing Development Breaks Ground in South Philadelphia
Philadelphia’s commitment to green building and design was highlighted once again last week at an official ceremony that marked the ground breaking of a new, energy efficient residential community.
Hyatt Place Announced for Royal Oak Redevelopment Project
Plans to redevelop a vacant lot that once served as the Jim Fresard Pontiac / Buick / GMC car dealership in Royal Oak are moving forward as the developer unveiled the last piece of the puzzle: an eight-story hotel under the Hyatt flagship.
Third Trader Joe’s Store in Pittsburgh to Open at McCandless Crossing in 2014
Trader Joe’s will open its third store in the Pittsburgh area at the McCandless Crossing mixed-use development in the North Hills, the Pittsburgh Tribune-Review reports.
$11 Million Extensive Renovation Completed at Tanya Towers
After two years of extensive renovations, a low-rent apartment building at 620 East 13th Street in Manhattan’s Lower East Side was reopened last week during an official ceremony.
Merlin Entertainment Brings Legoland Concept to Greater Boston Area
The first Legoland Discovery Center in the Greater Boston area is currently under construction at the Assembly Row development in Somerville, a much-anticipated neighborhood expected to open in 2014 northeast of Boston.
Woodland Hills Apartment Community Trades Hands for $88M
One of the largest San Fernando Valley apartment deals was perfected recently when a group of investors headed Jones & Jones Management Group paid $88 million for a Woodland Hills property. The buyer acquired the Mercer at Warner Center residential community from Rockwood Capital and The Bascom Group. According to the CoStar Group, the acquisition comes hot on the heels of another high-profile apartment deal made by the buyer, namely the sale of the Crenshaw Village asset, for a total of $60 million.
Chesapeake Realty, Wood Partners and Bernstein Management Break Ground on the Winthrop Luxury Apartments
Chesapeake Realty Partners, Wood Partners and the Bernstein Management Corporation broke ground on Tuesday, October 15, on the first phase of a project that will ultimately bring 470 new luxury apartments on a 13-acre site in downtown Towson. Baltimore County Executive Kevin Kamenetz was present at the event.
Moving Time: Tech Startup Apigee Leases New Space in San Jose to Seal Palo Alto Move, Visa Looking for Space in San Francisco Again
By Alex Girda, Associate Editor The Bay Area’s office market generally benefits from a hot tech market that sees development and leasing that is driven by expanding giants such as Google, Facebook and Twitter, as well as an influx of smaller companies betting on space in the technological epicenter of Silicon Valley. As space changes […]