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Net lease news – page 81
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Creation Breaks Ground on 700,000 SF Avondale Tech Center in ArizonaAVONDALE, ARIZ. — Local developer Creation, in partnership with a real estate fund advised by Crow Holdings Capital, has broken ground on Avondale Tech Center, a 700,000-square-foot Class A industrial campus on the western outskirts of Phoenix.
Poole Properties Divests of Multi-Tenant Retail Property in Corona del Mar, California for $13.7MCORONA DEL MAR, CALIF. — Poole Properties (formerly John Poole Radio Properties) has divested of a retail property at located at 2515 E. Coast Highway in Corona del Mar, part of the Newport Beach metro area.
Related-Led Group Advancing 494-Boca Raton Apartment CommunityRelated Group, PEBB Enterprises and BH Group have begun work on Broken Sound Residences, a 494-home luxury residential community that marks the first milestone in the transformation of the former Office Depot corporate campus in Boca Raton.
Finmarc Purchases Twin Office Towers in Northern Virginia for $77.5MMCLEAN, VA. — Bethesda, Md.-based Finmarc Management Inc. has completed its $77.5 million purchase of Highline at Greensboro, an office campus in Northern Virginia’s Tysons Corner submarket comprising twin 10-story office buildings.
Berkadia Arranges $62.3M Sale of Office Building in Miami’s Coconut Grove NeighborhoodMIAMI — Berkadia has arranged the $62.3 million sale of The Grove at 3250 Mary, a five-story, 80,000-square-foot office building located on a 1.3-acre site in Miami’s Coconut Grove neighborhood.
Representative imageIHG Opens 112-Room Hotel Indigo at $2.2B MidCity District in HuntsvilleHUNTSVILLE, ALA. — IHG Hotels & Resorts has opened a new 112-room Hotel Indigo within MidCity District, a $2.2 billion mixed-use district in Huntsville by RCP Cos.
Benderson Acquires Three Florida Retail Properties Totaling 400,000 SFUNIVERSITY PARK, FLA. — Benderson Development has acquired three retail properties on the Gulf Coast side of Florida totaling 400,000 square feet.
Gilbane, Purdue Fort Wayne Open 600-Bed Student Housing Development in IndianaFORT WAYNE, IND. — Gilbane and Purdue University Ford Wayne (PFW) have opened Trace, a 600-bed student housing complex on PFW’s North Campus made possible through a public-private partnership.
Representative imageRejection and Change Are Constants in Residential Brokerage. Adapt.When I decided to get my real estate license, it’s safe to say I had no idea what I was in for. The perception of real estate agents is not the reality. A lot of people assume it’s about the money, but, for me, it’s really all about building and nurturing relationships.
The Broker’s Guide to Winning Certainty in Bridge LendingEvery broker has a lender who talks fast and a lender who moves fast. This guide is about the difference, and why it decides who gets the second call.
Coconut Grove Office Flipped For $15M Gain After One YearThe deal represents a $15M profit in the 10 months the seller owned it.
Podcast: Using AI to Make Better CRE Acquisition & Underwriting DecisionsSteven Song is the founder and CEO of Diald, an AI-powered decision intelligence platform for commercial real estate.
The Fast-Food Exec Taking Her Real Estate Talents To The Looksmaxxing EraAnne Goldman's shift to Image Studios reflects the trend from fast food to health and wellness.
D.C.'s Office Market Is Getting A MakeoverRenovations are taking off in the District as owners invest millions to meet the demand for high-quality spaces.
EXCLUSIVE: Industrial Outdoor Storage Investor Continues Buying Spree In Metro AtlantaAlterra IOS acquires more IOS properties in Atlanta, enhancing its portfolio.
Machine Investment Group Closes Second Fund at Hard Cap of $350MMachine Investment Group, LP, a New York City-based real estate investment platform focused on opportunistic, distressed and special situations across the U.S., reached the final close of Machine Real Estate Fund II, the firm’s second flagship investment vehicle.
Controversial $18M Charlotte-Area Hotel Project Gets Rezoning ApprovalThe vacant 6-acre parcel will shift from rural preservation to conditional zoning, despite opposition from locals.
Jamison CEO Jaime Lee Joins Kennedy Wilson as Senior Managing DirectorKennedy Wilson said Wednesday that Jaime Lee has joined the firm as senior managing director of capital markets and real estate investments.
Developer Iadisernia Lands Mezz Loan to Finish Hallandale, Fla., Condo TowerMore than a year after landing a $112 million loan to complete a mixed-use project in Hallandale Beach, Fla., developer Giuseppe Iadisernia has secured yet more debt.
Century 21 Redevelopment Adds Burlington, National Grocer to Tenant RosterMCB Real Estate, an institutional commercial real estate investment management firm and developer with nationwide holdings, and Osiris Ventures, an urban retail-focused investment firm, have secured leases with two major retail brands at Century Marketplace, the $130-million…