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Representative imageSkyWalker Buys 73,747 SF Office Building in North Fort WorthFORT WORTH, TEXAS — Local investment firm SkyWalker Property Partners has purchased Alliance Commerce Center, a 73,747-square-foot office building in North Fort Worth. The building is located within AllianceTexas and was 90 percent leased at the time of sale.
Representative imageCravey Real Estate Arranges Sale of 13,014 SF Industrial Building in Corpus ChristiCORPUS CHRISTI, TEXAS — Locally based brokerage firm Cravey Real Estate Services has arranged the sale of a 13,014-square-foot industrial building in Corpus Christi. The building at 3930 Bratton Road includes 1,000 square feet of office space.
Berkadia Provides $126.4M Agency Refinancing of Apartment Building in New Rochelle, New YorkNEW ROCHELLE, N.Y. — Berkadia has provided a $126.4 million Fannie Mae loan for the refinancing of Two Clinton Park, a 28-story apartment building located north of New York City in New Rochelle.
Novant Building $300M Rock Hill Medical CampusThe City of Rock Hill sold a parcel to Novant Health so it can build a $300 million medical campus. The medical campus will take up about 25 acres at Palmetto Research Park (shown) and create the equivalent of 255 full-time jobs.
Partnership Begins Leasing 256-Unit Apartment Complex in Hillsdale, New JerseyHILLSDALE, N.J. — A partnership between BNE Real Estate Group, Claremont Development and March Development has begun leasing The Piermont, a 256-unit apartment complex in the Northern New Jersey community of Hillsdale.
IPA Negotiates Sale of 114-Unit Highrailer Apartments in New Britain, ConnecticutNEW BRITAIN, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Highrailer, a 114-unit apartment complex in New Britain, located southwest of Hartford.
Representative imageHankin Group Breaks Ground on 72-Unit Multifamily Project in Exton, PennsylvaniaEXTON, PA. — Locally based developer Hankin Group has broken ground on a 72-unit multifamily project in Exton, about 35 miles west of Philadelphia. The project is an expansion of Keva Flats, a development that currently consists of 266 units on a 19-acre site.
Gateway Jax Begins $50M Revamp of Historic Hotel PropertyGateway Jax is spending $50 million to transform the former Ambassador Hotel building into a new hotel concept. Founded in 2022, Gateway Jax was created in partnership with JWB Real Estate Capital and DLP Capital.
Flournoy Acquires Charlotte Parcel, 351-Unit Rental Community on WayCousins is foregoing its plans to build a 17-story office highrise and a 19-story apartment building at West Tremont and Doggett in Charlotte, instead selling the parcel to Flournoy so Flournoy can develop it.
Representative imageSJC Ventures Buys Former Macy’s at Harford Mall in Maryland, Plans 94,600 SF Mixed-Use DevelopmentBEL AIR, MD. — Atlanta-based mixed-use developer SJC Ventures has purchased the former Macy’s store at Harford Mall in Bel Air from CBL Properties, a mall REIT based in Chattanooga, Tenn.
Berkadia Arranges $52.4M Sale of Multifamily Community in Poquoson, VirginiaPOQUOSON, VA. — Berkadia has arranged the $52.4 million sale of The Flats at Legacy, a 176-unit multifamily community located off the coast of Virginia on Bull Island.
CBRE Brokers $34M Sale of Industrial Portfolio in Palm Beach CountyRIVIERA BEACH, FLA. — CBRE has arranged the $34 million sale of a 180,050-square-foot industrial portfolio in Riviera Beach, a city in South Florida’s Palm Beach County. The portfolio includes two buildings that are located at 1701 Australian Ave. and 2001 Australian Ave.
EQT Real Estate Divests of 275,243 SF Industrial Building in Temecula, CaliforniaTEMECULA, CALIF. — EQT Real Estate has divested of 41980 Winchester Road, a 275,243-square-foot industrial building located in Temecula. San Diego-based investment company SENTRE acquired the asset for an undisclosed price.
Cove Capital Investments Acquires 72,013 SF Shopping Center in Western KentuckyPRINCETON, KY. — Capital Cove Investments has acquired a 72,013-square-foot, grocery-anchored shopping center located at 55 U.S. Highway 62 in Princeton, a city in Western Kentucky’s Caldwell County.
Representative imageBMC Investments Sells 100,000 SF Mixed-Use Property in DenverDENVER — BMC Investments has sold 255 Fillmore, a Class A mixed-use building in Denver’s Cherry Creek neighborhood. A high-net-worth family office acquired the asset for an undisclosed price. Tim Richey of Newmark represented the seller in the deal, while Lincoln Property Co.
JLL Brokers $12.1M Sale of Shopping Center in Fort Collins, ColoradoFORT COLLINS, COLO. — JLL Capital Markets has brokered the $12.1 million sale of Drake Crossing, a 56,214-square-foot retail center located at 2100 W. Drake Road Fort Collins.
Representative imageIndustrial Real Estate Has Entered Its Fixer-Upper PhaseThe nation’s recent warehouse boom may seem to have promised endless space for storing goods. But recent market corrections have suddenly created a shortage of certain types of logistics real estate — and an opportunity in an increasingly complex industrial market.
France’s Junk Smash Burgers Enters U.S. With New Store in SoHoA French burger concept is opening up its first U.S. location in New York City’s SoHo neighborhood.
Representative image$1.34B Settlement Awarded in SoCal Property Fraud CaseAfter almost three years of proceedings, a Southern California real estate investor has secured what’s said to be one of the largest such fraud-based arbitration awards.