Opportunity Zones
Arizona’s 2nd-Tallest Building Commands $93M
The JV that acquired the 31-story Phoenix office asset is set to invest $15 million in upgrades.
Biotech Firm Opens HQ in Virginia
The space is part of the first building completed within Tech Center Research Park and includes manufacturing, R&D and office space.
Drawbridge Realty Picks Up Opportunity Zone Asset for $98M
The company also owns an office property next to the two-building campus in Santa Ana, Calif.
Caliber Cos. Acquires Hospital in Phoenix Opportunity Zone
The company plans to invest nearly $10 million in renovating the 96-bed facility, which will house Medical Behavioral Hospital of Phoenix.
Charleston Opportunity Zone Office Project Breaks Ground
Hunt Real Estate Capital is providing equity financing for the development of a 92,000-square-foot building, slated for completion in late 2020.
Opportunity Zones Attract Serious Money
Though estimates of the total capital inflows cover a wide range, even the numbers near the lower end—$100 billion—are big enough that they’re starting to affect CRE pricing.
Adobe Breaks Ground on Its North Tower in San Jose
The 18-story all-electric North Tower will be connected to the company’s existing campus by a pedestrian bridge extending over San Fernando Street.
JV Breaks Ground on Dual-Branded Marriott Hotel
Located in an opportunity zone, the 259-key hotel will include 295,000 square feet of space and 4,200 square feet of meeting space. The property is scheduled to open in 2021.
CPE’s Top 5 Posts in May
Miss any of our articles? Catch up with five of our most popular posts for the month.
JLL Facilitates Sandoval | James’ Relocation to Anderson Tower
The six-story building is located on a 2.3-acre site at 400 E. Anderson Lane, in one of the metro’s opportunity zones.