National
Two Dayton-Area Warehouses Sell for Over $5M
Two large industrial properties in the Dayton area changed hands this month. The properties total over 300,000 square feet of space and have sold for a little over $5.5 million.
River City Casino Completes $82M Expansion and Unveils 200-Room Hotel
River City Casino & Hotel in South St. Louis County recently announced the completion of an $82 million expansion and held a grand opening ceremony for its new 200-room hotel. River City Casino & Hotel has completed an extensive two-year investment commitment to St. Louis County and the state of Missouri which created 350 construction jobs as well as 100 new permanent jobs.
Unilever Announces $108M Expansion; Olive Branch Gets 25KSF HomeGoods
The Greater Memphis Area is about to be one retail option richer, with a HomeGoods store set to open in early October in the submarket if Olive Branch.
Lower East Side Mega-Project Includes New Andy Warhol Museum
Could New York City get more pretentiously artistic than it already is? The answer is yes. There’s always room for more art in this city than anywhere else in the world.
New City Plan Will Reduce Boston Homelessness by 2016
After detailing the $16.5 billion “Housing Boston 2020” plan that calls for 30,000 new residential units completed by 2020, Mayor Thomas M. Menino announced this week another housing strategy that aims to fight homelessness in Boston.
New Mixed-Use Project Coming to Glendale, Bringing Residential Units to Growing Market
Yet another mixed-use development is popping up in the L.A. real estate market as Camden USA recently announced the groundbreaking of the Glendale Triangle project. The developer is bringing a brand new construction that will add new residential units to the Glendale submarket. According to the developers, the project will be aimed at Gen Y residents and will include a number of resident amenities to attract the young crowds to the Tri-Cities area.
Brandywine RT and DRA Advisors LLC Form Joint Venture on $330 Million Office Properties
A new joint venture appears in Austin’s commercial sector. Brandywine Realty Trust, specialized in the ownership, management and development of urban, town center and office properties, has announced the newly created entity with DRA Advisors LLC. ‘The Venture’ will acquire Brandywine’s entire office portfolio from the Southwest submarket of Austin and each will own a 50 percent interest.
Metro Crossing Luxury Apartments Open in Owings Mills
The Metro Crossing luxury apartments opened last Thursday, September 19, in the Metro Centre at Owings Mills, Baltimore County’s first transit-oriented development. Baltimore County Executive Kevin Kamenetz and other officials were present at the event.
29KSF Orthopedic Medical Center Breaks Ground in Gastonia
Brackett Flagship Properties, LLC has recently announced breaking ground on phase one of the future location of Carolina Orthopaedic and Sports Medicine, a Gaston County comprehensive orthopedic and sports medicine and care provider
HFF Secures $188.8M Financing for Post Oak Central
By Amalia Otet, Associate Editor Commercial real estate and capital markets service provider HFF has secured $188.8 million in financing for Post Oak Central, a three-building office, retail and parking complex in Houston’s Galleria area. Working exclusively on behalf of Atlanta-based Cousins Properties Inc., HFF placed the seven-year, non-recourse, fixed-rate mortgage loan with TIAA-CREF, according […]