A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation, has acquired a 64,340-square-foot, single-tenant light industrial building at 9999 Virginia Avenue in Chicago…
Optima, Inc., an integrated real estate firm, announced Reform Studios will open at Optima Signature, a 57-story luxury apartment tower comprising 490 apartments and 58,000 square feet of commercial space in Chicago’s Streeterville neighborhood. Reform Studios joins Optima Signature’s roster…
CBRE has arranged the sale of The Barrington, a 282-unit multifamily property in Woodbury. Nuveen Global Investments LLC purchased the property from Tilden Fundamental Barrington Apartments, LLC for an undisclosed amount. CBRE’s Keith Collins, Abe Appert, Ted Abramson, and Danny…
A mental health treatment program has bought a 111-key Hampton Inn & Suites along North Druid Hills Road for $17 million, to expand its services. Skyline Trail has also purchased an adjacent restaurant property along Buford Highway late last year….
The Phoenix City Council has approved a zoning proposal allowing a nearly 300-acre master-planned development southwest of Phoenix, called Gila Foothills. It would span a stretch of agricultural land along Loop 202 just north of South Mountain. The plan would…
The City of Jacksonville has approved a building permit for a $215.1 million Four Seasons Hotel & Residences on the town’s Northbank riverfront. Jacksonville Jaguars owner Shad Khan secured the permit for the 170-room hotel, including 26 residential units. The…
AGB Real Estate has made a habit of buying run-down hotels and turning them into serviceable, affordable housing developments. The company bought the HomeTown Studios hotel at 1210 Murfreesboro Pike in Nashville for $9.5 million and plans to convert it…
Netrality Data Centers, a privately held owner and operator of core interconnection facilities, recently opened its latest data center facility, KC2-7801 Nieman, in Shawnee, Kansas. The 172,000-square-foot state-of-the-art facility located at 7801 Nieman Road is designed to serve as a hub…
Chicago-based Evergreen Real Estate Group has completed the Green Oaks of Valparaiso, a three-story, 120-unit assisted living community for low-income seniors in Valparaiso, Indiana. The $30 million project is located at 2550 W. Morthland Drive and includes 48 studio and 72 one-bedroom apartments. Evergreen Construction Company,…
New City Properties and Method Co. will open FORTH Atlanta, a $150-million, 16-floor development that will include a 196-room luxury boutique hotel with 39 apartment-style rooms dedicated for extended stays. The joint venture expects to open its doors in June 2024. There will be…
End of content
End of content
