National
Microsoft to Create its First Retail Store in St. Johns Town Center in Jacksonville
Rumors that Microsoft will build its first Jacksonville-area retail store have just been confirmed.
Lennar, Richmond American Homes Puchase Finished Lots
Lennar Homes, a subsidiary of Miami, Fla. – based Lennar Corporation, has expanded its Tucson footprint by acquiring control of 108 finished residential lots in Block 18 at Star Valley, a master planned community off Camino Verde and Los Reales on the southwest side.
One Call Services Preserves Historical Architecture in Renovation
One of the top commercial and residential contractors in Albuquerque, One Call Service, Inc., is making a big change in the home remodeling domain by trying to change as little as possible through preservation of the original architectural details. Ranked second highest by the Better Business Bureau, the company brings 25 years of combined experience and a GB98 license.
Insight Development Opens 155-unit Mixed-Income Apartment Community in Downtown Indianapolis
by Adriana Pop, Associate Editor Insight Development Corp., the development arm of the Indianapolis Housing Agency, has announced the official opening of 16 Park Apartments, an eco-friendly residential community located in the city’s downtown area. The $34 million redevelopment project has turned the 35-year-old Caravelle Commons housing cooperative along 16th Street into 155 mixed-income residences. […]
Houston Takes Third Place Among Forbes’ Top Development Markets
In a recent Forbes ranking of metro areas where construction is booming, Houston landed an honorary third place, with only New York and Dallas scoring higher.
Tax Breaks to Promote 4 Expansion Projects in Central Ohio
Persistent Systems Inc., Zipline Logistics LLC, NEX Transport Inc. and ISS America Inc. will soon bring 135 new jobs to central Ohio. On Monday, June 24, the Ohio Tax Credit Authority approved 15 projects statewide for tax incentives. The four companies are among these 15 projects expected to create a total of 831 new jobs.
Hunter Hotel Advisors Closes on Sale of Holiday Inn Express; Blue KC Announces First Live Blue Center in Zona Rosa
Hunter Hotel Advisors recently announced the firm closed on the sale of the 84-guestroom Holiday Inn Express & Suites Wichita Airport in Wichita, Kansas.
Apartment Property in the Bluff City Auctioned for $3.6M, Half of its Market Value
Several apartment transactions ran through the Greater Memphis Area multifamily market recently, though none have topped the $43.6 million sale price ringed in by the 500-unit Riverset recently
Ohio Investor Acquires Holly Springs Shopping Center for $11M
Aurora-based Optimus One LLC has recently purchased the SouthPark Village shopping center in Holly Springs. According to the Triangle Business Journal, SouthPark Village Investments I of Atlanta, which is led by Philip E. Stephens, sold the property for $11 million.
Hillsborough County Enters Race for 1M-Sq.-Ft. Amazon Facility
Amazon’s plan of expanding in Florida—and of adding 3,000 permanent jobs in the process—might bring an assembly and distribution center to Hillsborough County, center that could add up to 1,000 above-average paying jobs to the local market.