National
ACP Picks Up TownPark Ravine Office Park with $41.1M Loan
America’s Capital Partners has purchased TownPark Ravine, a three-building, 367,090-square-foot office park near Kennesaw.
Joint Venture Grabs Downtown Dadeland for $38.9M
Duncan Hillsley Capital joined forces with Pebb Capital in order to purchase Downtown Dadeland, a 127,240-square-foot retail lifestyle center in Miami.
Taylor Morrison Expands Further in the Austin Area through Dripping Springs Land Acquisition
After announcing a new phase of development at Leander’s Fairways at Crystal Falls, Taylor Morrison announced the acquisition of over 100 acres in Dripping Springs. Here is where the Founders Ridge single-family home community will debut in mid-2015.
ASU Taps Gould Evans, HNTB for Sun Devil Stadium Makeover
Arizona State University recently announced it selected Gould Evans and HNTB Corporation to lead the architectural and design renovations of its Sun Devil Stadium. This decision comes after a public request for qualifications.
Koch Nitrogen Plans Mid-September Start for $1.3B Plant Expansion in Enid
Koch Nitrogen LLC, a Koch Industries Inc. subsidiary announced plans to begin work on a massive expansion project at its fertilizer facility in Enid, Oklahoma.
AVANA Capital, Middletown Hotel Management Team on Hotel/Event Center in West Chester
West Chester is getting a new, modern hotel and event center. The project is called Center Park and is developed by Middletown Hotel Management, in partnership with AVANA Capital, a commercial real estate lending company based in Arizona.
The Stack Shows How Modular Construction Could Solve NYC’s Housing Crisis
Now that New York City’s housing shortage has grown into a veritable crisis, real estate developers lend a helping hand by implementing innovative designs and cost effective construction technology in their multifamily projects.
Beacon Communities, PCA Transform Historic Ames Shovel Works into 113-Unit Rental Complex
Boston-based developer Beacon Communities completed a $46 million revitalization project at the Ames Shovel Works, a 19thcentury industrial complex in North Easton, Ma., that was listed as one of the 11 most endangered historic sites in the U.S.
Burbank Office Property Acquired by Granite Properties in $49 Million Deal
A Burbank office building was recently acquired by Granite Properties as the company expanded its SoCal office portfolio past the one million square feet mark. The buyer paid Legacy Partners Realty Fund I LLC a fee of $49 million for the asset located in the city’s Media District. Legacy Partners was represented by Kevin Shannon, Tom Bollinger and Michael Longo of CBRE, while Granite Properties was represented by its own employees, Paul Bennett and Tom Miller.
More Industrial Properties Change Hands in the Greater Baltimore Area
The hot Baltimore industrial market continues to attract more and more investors and it seems that hardly a week can go by without at least one important transaction in the metro area.