National
Sealed Air and Spectra Group Bring 1,500 Jobs to Charlotte
North Carolina Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker recently made two major announcements concerning Charlotte’s job market, which will grow by over 1,500 positions thanks to a corporate relocation and an expansion.
Taylor Morrison Announces New Phase for The Fairways at Crystal Falls Northwest of Austin
Arizona-based builder and developer Taylor Morrison announced the start of a new phase of home sites available at Leander’s Fairways at Crystal Falls. The new phase starts on July 26, offering 20 lots in an impasse area overlooking open space.
Brighton Marine, WinnCompanies Plan to Build Affordable Housing for Veterans in Brighton
A joint venture between WinnCompanies and non-profit organization Brighton Marine Health Center is looking to redevelop part of the 8.3-acre Brighton marine Campus into a mixed-use complex that will include housing units for veterans and their families.
KB Homes Returns to Playa Vista with New Skylar and Asher Neighborhoods
KB Homes has unveiled two new communities in the Playa Vista submarket. The company, one of the largest home builders in the United States, recently presented its plans for Skylar and Asher, two communities totaling 129 new residential units that will be added to the area’s housing stock upon completion.
Staten Island Mall to Expand by 445,000 Sq.Ft.
It’s been almost two years since Superstorm Sandy hit New York City and all of its five boroughs are still working hard to recover after the disaster. Staten Island, the most badly damaged of them, is bustling with growth and development projects that are meant to revitalize the area and attract more residents and tourists.
AEW and Redgate to Break Ground on a 285,000 Sq. Ft. Industrial Facility in the Baltimore-Washington Corridor
A new industrial distribution facility is coming to the Baltimore-Washington Corridor. AEW Capital Management and Redgate Capital Partners, two Boston-based companies, plan to take advantage of the hot Baltimore-area industrial market and start construction on a 285,000-square-foot building in the fourth quarter of the year.
CNL Healthcare Buys Specialty Hospital for $76M
CNL Healthcare Properties, an Orlando-based REIT that focused on senior housing and healthcare facilities, recently announced the $76 million acquisition of the Houston Orthopedic & Spine Hospital campus (HOSH), representing the REIT’s largest single-property investment.
KPMG Centre to Gain High-Tech Transplants from San Diego
Omnitracs and ACTIVE Networks, two companies owned by Vista Equity Partners, a San Francisco-based private equity firm, recently announced their plan of relocating their HQ from San Diego to Dallas.
Principal Pays $75M For New M-F Asset in Petworth
Principal Real Estate Investors is expanding its portfolio of properties on the East Cost. The Des Moines-based company paid $75 million to acquire The Swift Apartments, a new Class A multifamily community in Washington, D.C.’s Petworth neighborhood.
CEB Takes 350 KSF at JBG’s Central Place in Rosslyn; 2018 Move is Eyed
The Corporate Executive Board is moving its global headquarters to Rosslyn. On Monday, July 21, CEB announced that, after months of negotiations, it has signed an agreement with the JBG Companies for 350,000 square feet of space at the new Central Place development. The move, however, will take place in 2018.