National
Armada Hoffler to Redevelop Williamsburg Outlet Mall
Armada Hoffler Properties, Inc., a publicly traded real estate investment trust based in Virginia Beach, has announced last week the newest project in its next generation development pipeline. The company has formed a joint venture with Vistacor LLC. Together they will develop a grocery-anchored shopping center in Williamsburg, Virginia. Armada Hoffler is the majority partner in the joint venture.
Skilled Nursing Facility, Condos and Multifamily Complex Attract Buyers
The San Diego metro area is seeing a number of real estate deals take place as investors are snapping up a wide variety of properties. An Oceanside condominium building, a North Park multifamily building and an El Cajon nursing facility traded hands recently in two separate deals worth $14.2 million, $1.8 million and $7.5 million, respectively.
Revived Master Plan Would Bring 15,000 New Homes to North Las Vegas
One of the largest residential projects in the entire state of Nevada has found new life as developers have expressed the intention of breaking ground on a master-planned community in North Las Vegas.
Marquette Cos. to Break Ground on 364-Unit M-F Project in Downtown Houston
Naperville, Ill.-based The Marquette Companies plans to break ground on Block 52, a 364-unit apartment building in downtown Houston.
Darling Homes Opens New Community in Southlake; Greysteel Selected to Market Multifamily Asset in Euless
Dallas homebuilder Darling Homes announced the opening of its newest community in Southlake, one of the fastest-growing suburbs of the Dallas-Fort Worth Metroplex.
Developers Break Ground on Trophy Office Building in Downtown D.C.
The JBG Companies has partnered with ICG Properties and Rittenhouse Partners to develop a new trophy property, meant to enhance Washington’s lower 16th street corridor. On April 22, representatives from the three companies were joined by city officials for the groundbreaking of 900 Sixteenth Street, a new Class A building located just two blocks from the White House.
The Army Builds Its Largest-Ever Solar Project in Southern Arizona
Development of a solar array in southeast Arizona is about to start, according to a written announcement recently released by the U. S. Army. The plant is designed to meet about 25 percent of the annual installation electricity requirement of Fort Huachuca, one of the United States Army’s busiest transient installations.
Virgin Hotels Plans 240-Key Location on Music Row
Virgin Group’s lifestyle hotel brand Virgin Hotels has announced plans to open and operate a new hotel in Nashville, Tennessee.
Following Mission Bay Campus Success Alexandria Real Estate Acquires Prime Development Spot in SoMa
Alexandria Real Estate Equities, a company that focuses on a dominant market presence in the state-of-the-art, highly collaborative urban science and technology campus, has added yet another property to its portfolio. The company recently acquired the property at 500 Townsend Street in San Francisco for a reported fee of around $50 million. The development site is set to provide the entity with an opportunity to further expand its current assets in the South of Market area.
Amata Opens New Shared Office Center at 150 South Wacker Drive
Amata Office Centers has recently announced it is opening its sixth shared office center in Chicago featuring 16,950 square feet of space. Occupying the entire 24th floor of the building located at 150 South Wacker Drive in the West Loop neighborhood, the shared office center is scheduled to open May 1.