National
Capital Associates to Build $30M Employee Housing on Centennial Campus in Raleigh
by Adriana Pop, Associate Editor Cary-based Capital Associates is expected to break ground on The Greens at Centennial Campus, a 292-unit rental project in Southwest Raleigh to house campus employees. According to the NewsObserver, the $30 million complex would include three apartment buildings spread over 10 acres. At the moment, the only residential development at the 1,125-acre […]
Dalfen America Makes Opportunistic Investment in 240,000-Sq.-Ft. Distribution Center
Dalfen America Corp. recently acquired a 240,000-square-foot, Class A distribution center on Jacksonville’s Northside.
Dick’s Sporting Goods Opens 45,000-Sq.-Ft. Las Cruces Store
Dick’s Sporting Goods has opened its first Las Cruces store. Located at 200 North Telshor Blvd., the 45,000-square-foot store is located in a remodeled former Sportsman’s Warehouse, reports the New Mexico Business Weekly. This is the second store under Dick’s name in New Mexico. The company’s first store in the state was launched on Albuquerque’s Westside last year.
Historic Globe Building Embarks On $12.8 Million Redevelopment Project
On Saturday, October 6, Governor Rick Snyder announced a complex plan to revitalize one of Detroit’s gems: the historic Globe Building, formerly known as the Globe Trading Co. Building and the Detroit Dry Dock Engine Works, where young Henry Ford worked as an apprentice.
JV to Acquire Major Retail Portion of the Suburban Pittsburgh Waterfront
By Adriana Pop, Associate Editor A joint-venture between BIG Shopping Centers USA of Los Angeles and Chicago-based M&J Wilkow Ltd. has acquired 765,000 square feet of space at the Waterfront retail development, the second largest shopping complex in the Pittsburgh area. According to the Pittsburgh Business Times, county records indicate that the group of investors […]
Nashville City Center Parking Breaks Ground
Nashville City Center’s (NCC) long-awaited parking garage has finally broken ground. The six-level parking facility now under construction at Parmenter Realty Partners’ 27-story downtown Nashville office tower will provide 475 new parking spaces
LEED Silver Certification for Airways Transit Center
The U.S. Green Building Council recently awarded the Leadership in Energy and Environmental Design (LEED) Silver Certification to the Memphis Area Transit Authority’s (MATA) Airways Transit Center.
Inland Snags Two Luxury Bohemian Hotels in Orlando
Inland American Lodging Group, Inc.—a wholly owned subsidiary of Inland American Real Estate Trust—recently announced purchase agreements with acclaimed hotelier and developer Richard Kessler to acquire two Orlando-area luxury hotels, and one in Savannah, Ga.
NAP Breaks Ground on 276-Unit Gen Y Community in Historic Fourth Ward
October 3 marked the official groundbreaking for Atlanta’s newest luxury multifamily project—North American Properties’ $35 million BOHO development.
St. John Properties Breaks Ground on New R&D/Flex Office Building in Maple Lawn
St. John Properties, Inc. started construction at the end of September on a 42,620 square foot single-story building in its Maple Lawn Corporate Center park in Maple Lawn, a 600-acre mixed-use business community located in Howard County. This is the company’s final R&D/flex office product constructed in the Maple Lawn Corporate Center.