National

Private Car Condos Project in Pontiac Ready to Break Ground as Developers Close on 80-Acre Construction Site

More than one year after Birmingham-native and entrepreneur Brad Oleshansky announced plans to redevelop a vacant parcel in Pontiac, the project is now one step closer to becoming reality.

Oxford Development Plans 20-Story Office Tower in Downtown Pittsburgh

Oxford Development Co. is planning the construction of a new office high-rise in downtown Pittsburgh.

Goodman Logistics Center Welcomes First Tenant as Benjamin Moore & Co. Inks Lease for 1/3 of Available Space

The Goodman Logistics Center in Oakland has announced its first new tenant as Benjamin Moore & Co. inked an agreement to take over more than a third of the available space at the site. The property will serve as the new tenants’ base of operation which will supply paint to Northern California stores. Benjamin Moore & Co. is a unit of Bershire Hathaway, a Warren Buffett controlled entity. The new tenant is moving to Oakland from its current regional distribution center located in Hayward during the following months. Benjamin Moore & Co.’s lease includes 46 dock doors and an office component of 3,500 square feet.

BH Management Drops $20M on Fourth Nashville Apartment Community; Triple Net Properties List 393KSF One Nashville Place

Des Moines, Iowa-based BH Management Services LLC has acquired yet another Nashville apartment community from real estate investment group Grover Corlew, paying $19.7 million.

bKL Architecture Reveals Latest Renderings for the $1.6 Billion Lathrop Homes Redevelopment Project

New conceptual renderings for the Julia C. Lathrop Homes redevelopment project have surfaced.

SKF Group to Build New Research and Development Center in Naperville

SKF USA Inc., a SKF Group subsidiary plans to build a two-story, 130,000-square-foot industrial facility at 1203 Warrenville Road in Naperville, IL.

United Properties Further Expands Its EBC Industrial Space in Stapleton by 466,000 Sq. Ft.

A few months after United Properties announced the addition of 24 acres to its Enterprise Business Center development in Stapleton, the company is once again expanding its industrial space at the site.

Balfour Beatty Hired to Build $30M Condo Project at The Wharf

PN Hoffman & Associates, Inc. has selected Balfour Beatty’s Washington division to construct a new condominium building on the St. Augustine’s Church site in Washington, D.C.’s Southwest Waterfront neighborhood. The $30 million Wharf Parcel 11B – 625 Water Street at Waterfront Park project represents the first collaboration between the two companies.

Lockheed Martin Corp. Sells 171,000-Square-Foot Campus In Boulder for $13.9 Million

Marcus & Millichap announced the sale of a 171,000-square-foot industrial building leased by Lockheed Martin Corp. in Boulder’s Gunbarrel neighborhood.

Equus Affiliates Pick Up Three Central Florida Communities

Village at East Lake, Village at Lake Ned and Village at Park Road in Central Florida recently changed hands. The 710 units in total were sold to companies associated with Equus Capital Partners, Ltd. by affiliates of Oculus Development, LLC and Alex. Brown Realty, Inc.