National
Bayer CropScience Announces $30M HQ Expansion at Research Triangle Park
Plant science company Bayer CropScience is planning to invest $29.6 million in the expansion of its North American and global Seeds headquarters in the Research Triangle Park.
LSU’s Tiger Stadium Is the Best College Football Stadium in U.S.
LSU’s Tiger Stadium is known throughout the nation as the most difficult place for a visiting team to play. It’s scary, it’s loud and, according to a poll recently conducted by Athlon Sports, it’s also the best college football stadium in the United States, with the best game-day atmosphere.
Colliers Brokers $5.68M Sale of Class B Apartments by Blue Valley
Blue Valley Apartments, Inc. of West Palm Beach, Fla has recently sold Villas at Roger Road to Equilibrium Villas, LLC, of Washington, D.C. The transaction brokered by Colliers HSK Multifamily was worth $5.68 million, coming out at $24,500 per unit. Senior Vice Presidents Bill Hahn, Jeffrey Sherman and Trevor Koskovich represented both parts, as announced by Colliers International in Greater Phoenix.
Virgin Galactic Chooses New Mexico Hotel to House its Future Space Travelers
According to a Marcus and Millichap report, the hotel sector in the Southwest region posted, at the beginning of 2014, its best showing in several years.
CBRE’s John Gilbert Transfers to JLL as Managing Director in Orlando
Jones Lang LaSalle Inc. has recently welcomed John Gilbert to its Orlando team. Gilbert was hired as managing director in early July and he will focus on growing the firm’s office agency leasing practice in the Central Florida market.
MetLife Brings 3 MSF Industrial Park to Metro Atlanta
A new large-scale Class A industrial distribution park called Lambert Farms Distribution Center is coming to Henry County.
Westrec Marinas Gets $10M Loan for Haulover Marine Center Development
Site work on a 508-rack marina storage has kicked off as developer Westrec Marinas acquired the necessary funds through Florida Community Bank. Holliday Fenoglio Fowler arranged the $10 million five-year, floating-rate construction loan on behalf of the borrower. The HFF team speaking for Westrec was led by managing director James Dockerty and senior real estate analyst Scott Wadler.
Century Communities Announces the Purchase of an Additional 527 Home Sites in Austin
Colorado-based Century Communities announced that its subsidiary Jimmy Jacob Homes acquired 527 premier home sites in two of Austin’s leading communities. A top 50 homebuilder in the United States and one of the top five fastest growing homebuilders by total revenue, Century Communities has insured a place among the top builders of Austin.
HCP Buys Torrey Pines R&D Building; Ariel Suites Announces Trio of Commercial Tenants
San Diego’s real estate market has once again recorded an active week, with the city’s life sciences submarket, one of its strong suites, seeing an important asset transaction, while one of the most high profile developments in Little Italy is moving forward with new additions to its tenant roster.
Partners Capital Acquires Sunset Shopping Center in Henderson
The city’s retail market is currently seeing some relief, with a rebound well underway in terms of development and acquisitions. With rents finally headed towards a positive year-on-year change, investors are once again looking toward the Las Vegas market for opportunities. A joint venture created by Partners Capital and its affiliates has now moved to acquire the Sunset Shopping Center in the Las Vegas submarket of Henderson for an undisclosed amount.