An office building built in 1904 between Nashville Yards and Lower Broadway is on the block. 810 Broadway, the 5-story 88,000-square-foot brick building has been revamped enough over the years to remain viable. The asking price is $34 million. Crews…
Toro Development Company (TDC), secured financing for Medley, the $560 million, 43-acre mixed-use community coming to Johns Creek. The milestone paves the way for Medley’s groundbreaking in December, with an anticipated opening in late 2026. The deal includes an equity…
Piggybacking on the deluge of proposals hoping to capitalize on the $65 billion Taiwan Semiconductor Manufacturing plant, Dallas-based JLB Partners is considering a mixed-use development along Loop 101 in North Phoenix. The Phoenix Business Journal reports the company recently submitted…
Third & Urban is planning a major redevelopment at the site of a number of dated office buildings. The developer hopes to replace the Corporate Square complex with a mixed-use venture. Located off Buford Highway, the 32-acre site is on…
MAA sold the 216-unit South Tryon Apartments in Charlotte for $41.8 million. The buyer was McDowell Properties. Northmarq’s team of Andrea Howard, Allan Lynch, John Currin, Caylor Mark, Jeff Glenn and Austin Jackson represented MAA. Northmarq’s Howard added, “With over 20 years of institutional ownership by MAA,…
At the Connect Distressed Investment & Finance conference earlier this month in Los Angeles, commercial real estate capital markets experts provided candid views of the current landscape—and how much it has changed compared to what we saw in 2021 and…
San Clemente-based CareTrust REIT, Inc. and a joint venture partner have entered into a binding agreement to acquire a portfolio of skilled nursing facilities for approximately $500 million. The portfolio consists of 31 skilled nursing facilities totaling 3,290 licensed beds,…
Read King is exploring building 336 apartments and retail next to Balmoral, a community in Atascocita. Public filings peg the cost of the development at $60 million. The planned development, called The Market at The Groves, is at Woodland Hills…
Seneca One in Buffalo, New York With office buildings across the U.S. sitting nearly 20% empty and with even more space available for sublease, many buildings must either evolve with the times or risk falling into oblivion. This record vacancy begs the questions,…
South Hills Mall will finally get its new look. Three years after spending $38.4 million to buy the mall in Cary, the town has greenlighted developers to build a mixed-use project on the 44 acres. Loden Properties and Northpond Partners are…
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