It used to take 45 minutes for citizens of Celina to get to the nearest Dallas hospital. That will change next month. Celina’s first hospital is expected to open before the end of March. Once open, the hospital will immediately begin…
Global Net Lease, Inc. has entered into a binding agreement to sell its multi-tenant portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings, LLC for approximately $1.8 billion at an 8.4% cash cap rate. The sale would accelerate GNL’s…
Two medical office buildings are being built in a fast-growing section of Jacksonville. The two offices are among 1,000 acres of new homes, parks, trails and lakes being built south of the city. The Jacksonville Business Journal reports that Onicx…
Filling up the 900 shuttered Bed, Bath and Beyond stores will take some time. One retailer is doing its best to fill the void. Bob’s Discount Furniture will open a store this summer in Winston-Salem at 1020 Hanes Mall Boulevard….
Green River Builders and ARC Multifamily Group obtained a construction loan, allowing them to proceed with a 282-unit multifamily development in Monroe, Georgia. The $42.7 million loan is for The Jax, a garden-style apartment complex. Green River is based in…
Joann Fabrics announced it would be closing more than 800 of its locations, weeks after announcing the closure of 500 stores. That includes the 36 remaining stores in Illinois. Prior to the announcement, the fabrics and crafts company had planned…
Kempner Properties, a White Plains, NY commercial real estate company, has acquired a portfolio of six shopping centers located in Connecticut and Rhode Island and anchored by Town Fair Tire for $30.75 million. The portfolio totals 126,299 square feet and is 92% occupied. Town Fair…
The latest corporate relocation to Texas might also be the tastiest. Fast food chicken chain KFC announced plans last week to move its headquarters from Kentucky to the Metroplex. It came close on the heels of an announcement earlier this…
Skanska has signed a contract with the Texas A&M University System to construct the new Meat Science and Technology Center on their campus. The contract is worth $91 million. The new building will be a 73,500 gross square-foot facility that will provide AgriLife, a research…
Kolter Multifamily has broken ground on a 55-plus apartment community west of Boynton Beach. The company is taking a different approach to traditional 55-plus housing options. “We think of the project as a cruise ship on land,” said Kolter’s Jeff…
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