National
Cole Capital Buys Office Building for $15.5M; Local Investors Pick Up Shopping Center for $10.5M
Cole Capital has recently heated up the Baton Rouge commercial real estate market with two significant purchases.
HOK-Designed Clark and Grand Hotel Complex Achieves LEED-NC Silver Certification
HOK recently announced that The Clark and Grand Hotel Complex has achieved Leadership in Energy and Environmental (LEED) Design for New Construction (NC) Silver certification from the U.S. Green Building Council.
Northstar Commercial Partners Acquires Former Aurora Medical Pavilion
Northstar Commercial Partners recently announced the acquisition of a four-story building, formerly known as the Aurora Medical Pavilion.
Pittman, Barrett & Stokely Plan $35M High-End Multi-Family Community in Carmel
Construction could soon begin on a luxury 14-building, 256-unit apartment community near the Monon Greenway in Carmel.
Community Three Development to Open New Condo Building Shaw Neighborhood This May
Last Week, on April 11, Community Three Development, a local real estate company, has topped out its latest project. It’s called the Centrie and it’s the first new new condo development of its size in D.C.’s Shaw neighborhood in over a decade.
Dine-in Movie Theater Replaces Grand Cinemas Crossroads 6
Roadhouse Cinemas, a group of local entrepreneurs will open a state-of-the-art dine-in cinema in Tucson later this year. The group will spend over $2 million on the recovery of Grand Cinemas Crossroads 6, an existing discount theater located at the corner of East Grant and North Swan Road at Crossroads Festival Shopping Center.
Developers Resurrect Plans for 130,000 Sq.Ft. Green Roof atop Barclays Center
The multi-purpose indoor arena that the Brooklyn Nets have been calling home for almost two years will get a “green” redesign of its huge roof, Forest City Ratner Companies (FCRC) and Greenland Group Co. of Shanghai announced recently.
Colliers Retained as Exclusive Leasing Agent for 156,000 Sq.Ft. Office Building in Quincy
Marina Bay Management Services, LLC has retained Colliers International to serve as the exclusive leasing agent for a premier office property in suburban Boston.
ALTO Real Estate Funds Completes Moreno Valley Retail Acquisition to Start New Investment Fund
ALTO Real Estate Funds has started its second investment vehicle in the American market with a retail purchase in Moreno Valley, CA. The New York-based private equity real estate investment company has closed on the purchase of the TownGate Center for a fee of $47.2 million. The property will be the first to be part of the new ALTO FUND 2, the investment vehicle registered in the state of Delaware and has a target investment value of $100 million.
Developers Plan 700 New Apartments in Baltimore’s Inner Harbor
More apartments are coming to Baltimore. The two newest projects were announced at the start of April. Together, they will bring about 700 units to the city’s Inner Harbor area.