Alatus Submits Plans for 40-Story High-Rise in Downtown Minneapolis
By Ioana Neamt, Associate Editor Minneapolis-based developer Alatus LLC has submitted preliminary plans to the city to develop a 40-story residential tower in the St. Anthony Falls Historic District....
View ArticleCapri Capital Partners Joins Forces with TruAmerica Multifamily for the $283...
By Alex Girda, Associate Editor A partnership comprised by Capri Capital Partners and TruAmerica Multifamily just completed the largest multifamily, mixed-use transaction in the state of California for...
View ArticleBBL Commercial, Westbook Buy “Mister A.’s Building” in Downtown San Diego
By Alex Girda, Associate Editor After a half-century of family ownership, the downtown San Diego property popularly known as “Mister A.’s Building” is changing hands. In a $39.25 million deal, BBL...
View ArticleTucson Fills Out $3B Permit for Tesla Battery Plant
By Balazs Szekely, Associate Editor Tesla Motors continues to seek the perfect location for its brand new battery factory that would supply lithium-ion batteries to the firm’s Fremont assembly plant....
View Article164-Key Hyatt Place Hotel Opens in South Durham; Historic Property Conversion...
by Adriana Pop, Associate Editor A new limited-service Hyatt Place hotel is now open for business near Southpoint mall in Durham. According to the Triangle Business Journal, owner and operator Summit...
View ArticleJay Paul Company Receives $480 Million Construction Loan from HFF for its...
By Alex Girda, Associate Editor The city’s South Financial District is set to welcome a new major mixed-use development project as developer Jay Paul Company recently locked in financing for its...
View ArticleKennedy Wilson Expands Pacific Northwest Portfolio with $127M in Acquisitions
By Alex Girda, Associate Editor Kennedy Wilson recently expanded an already substantial multifamily portfolio in the Pacific Northwest, as the company acquired three properties in the greater Seattle...
View Article$30M American Can Apartments Headed for Upgrades
By Eliza Theiss, Associate Editor The 268-unit American Can Apartments, which sold for an impressive $30.8 million in the fall of 2013, is headed for some upgrades, as per the original intent of new...
View ArticleMaui Officials Green-Light A&B’s 600-Unit Residential Project in Kihei; Larry...
By Adriana Pop, Associate Editor The Maui County Council has granted the final zoning approval for a 600-unit housing project that would spread across 95 acres of land in Kihei on South Maui. Proposed...
View ArticleWoodbury City Council Approves ‘City Place’ Redevelopment Project
By Ioana Neamt, Associate Editor Woodbury city officials recently approved the redevelopment of the abandoned State Farm Insurance headquarters in the Gateway District. The City Place redevelopment...
View ArticleBurbank Office Property Acquired by Granite Properties in $49 Million Deal
By Alex Girda, Associate Editor A Burbank office building was recently acquired by Granite Properties as the company expanded its SoCal office portfolio beyond the one million square foot mark. The...
View ArticleSKF Group to Build New Research and Development Center in Naperville
By Ioana Neamt, Associate Editor SKF USA Inc., a SKF Group subsidiary plans to build a two-story, 130,000-square-foot industrial facility at 1203 Warrenville Road in Naperville, Ill. City and state...
View ArticleChinese Developer Wanda Group Continues Large-Scale Development Involvement...
By Alex Girda, Associate Editor Chinese developer Dalian Wanda Group recently announced that it will take charge of the coveted plot of land located at 9900 Wilshire Boulevard. The Beijing-based...
View ArticleSwift Real Estate Pays $8.5M for 811 SW Naito Parkway in HFF-Arranged Deal
By Alex Girda, Associate Editor A Portland, Ore., office property was recently traded in a deal brokered by Holiday Fenoglio Fowler. ATC Partners LLC, a full-service real estate firm from San...
View ArticleHFF Obtains Financing for Chicago’s 401 North Michigan Ave. on Behalf of...
By Ioana Neamt, Associate Editor HFF recently announced that it has secured a five-year, floating-rate loan for 401 North Michigan Avenue in Chicago. The property consists of a 35-story,...
View ArticleOfficials Unveil Major Brownfield Redevelopment Project at Pittsburgh...
By Adriana Pop, Associate Editor A public private partnership involving Pennsylvania, Allegheny County and the Allegheny County Airport Authority is planning the construction of an international trade...
View ArticleBluetooth’s Home in Kirkland Acquired in $30M Deal
By Alex Girda, Associate Editor The building that houses Bluetooth’s current headquarters was sold this week in a deal worth approximately $31.5 million. Buyer American Realty Advisors out of Glendale,...
View Article$14M Walmart Supercenter Opens in New Orleans
By Eliza Theiss, Associate Editor A new Walmart recently opened at 4301 Chef Menteur Highway, making the Gentilly Walmart the second store the big-box retailer has opened this year in the Crescent...
View ArticleD.R. Horton Division Submits Rezoning Request for Hoopili Master-Planned...
By Adriana Pop, Associate Editor D.R. Horton — Schuler Homes LLC has formally filed a rezoning petition with the city and county of Honolulu’s Department of Planning and Permitting for its 11,750-home...
View ArticleMajor Multifamily Projects in Pittsburgh Receive $90M Financing through...
By Adriana Pop, Associate Editor As part of a public-private neighborhood revitalization effort, two major mixed-use apartment developments in Pittsburgh have received a total of $90 million in loans...
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