Flagship Healthcare Properties (Flagship) acquired and will repurpose a Class A office building into a healthcare destination center for providers in Wilmington, North Carolina. Flagship paid $21 million for the three-story, 153,526-square-foot property at 3601 Converse Road that was purpose-built as a single-tenant…
Courtesy of Denholtz Properties Denholtz Properties CEO Katie Kurtz Katie Kurtz is trading in glassy Manhattan skyscrapers for squat New Jersey commercial buildings. Kurtz, who has been the chief financial officer and co-chief investment officer at Silverstein Properties since 2021,…
The Integral Group unveiled Veranda at Assembly, a residential phase of the master-planned development on the site of the former General Motors plant. Assembly is a 165-acre mixed-use development that has already introduced commercial, entertainment, and job opportunities to the region. Once…
FRI Investors is said to be paying a little less than $100 million, or $71.43 per square foot, for the 68% leased, 1.4-million-square-foot office building at 70 West Madison St. in Chicago, Trepp reported, citing Crain’s Chicago Business. The West…
Georgia-Pacific announced plans to transform its iconic 51-story world headquarters and the surrounding city block into a center for innovation. The downtown location will include a mix of residential living, modern office spaces, retail, restaurants and a landscaped central plaza…
Medline is expanding its presence at the Merchandise Mart by 110,000 square feet, making it one of the largest tenants at Vornado’s 3.7-million-square-foot property in downtown Chicago. Medline will more than triple its offices from 51,000 to 161,000 square feet…
Gwinnett County is expanding its control over the Gwinnett Place Mall as it works to redevelop and resuscitate the aging property. Courtesy of Gwinnett County Board of Commissioners Gwinnett Place Mall in Gwinnett County that is set for a total redevelopment. The…
Century Farms is adding a Drury Plaza Hotel to its more than 300-acre campus. The hotel will rise seven stories and offer 180 rooms. Drury Development Corporation is leading the development of Century Farms’ latest hospitality addition. The building is…
Colliers is marketing the sale of 2 Gatehall Dr., a 389,000-square-foot office property in Parsippany, NJ. A Colliers team led by vice chair Jacklene Chesler, VP Patrick Norris, associate Jake Moss and director Philippe Jomphe is marketing the property, which is…
Capkov Ventures has acquired all of the necessary entitlements to move forward on a mixed-use project on 99 acres in Hillsborough. In total, the development will have 450 apartments, 205 townhomes, 40,000 square feet of neighborhood commercial space and 200,000…
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