Marcus & Millichap closed the sale of a net-leased Starbucks location in Third Lake, Illinois. The property sold for $2,487,804. “Quick-service restaurants are one of the most desired assets in the net leased space for our investors,” said Damien Yoder,…
Galerie Living has obtained a $140 million refinancing of the Corso Atlanta, a 203-unit seniors housing community located at 3200 Howell Mill Road in Atlanta. Newmark’s Healthcare & Alternative Real Estate Assets group secured the 10-year Freddie Mac senior loan,…
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…
Landmark Properties has purchased the parking lot of an Atlanta landmark. The family behind The Varsity restaurant agreed to sell 2 acres of its property along the Downtown Connector. A price was not disclosed. Landmark is planning a 2,000-bed student housing…
Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been trying to sell for the last 10 years. While it’s likely the company will construct a data center, no plans…
Trammell Crow Company (TCC) has broken ground on a 788,000-square-foot speculative cross-dock warehouse in Plainfield, Illinois, approximately 40 miles southwest of downtown Chicago. Matt Mulvihill and Phil DeBoer of CBRE represented TCC in acquiring the land and are marketing and…
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…
Ray and VeLa are again combining on a multifamily community, this one in Nashville. The 32-story, 367-unit Ray Nashville project will be valued at $211 million. Construction financing for Ray Nashville was provided by J.P. Morgan and Monroe Capital and…
Colliers facilitated the $24.5-million sale of Harmon Ranch on Oak Knoll, a land development site in Poway. SVP Ciara Trujillo, senior EVP David Santistevan and VP Erin McKinley brokered the deal on behalf of the sellers, Susan Lynn Roschke and…
JLL Capital Markets secured construction debt and equity for The Valiant, an 83-unit, 262-bed class A+ purpose-built student housing community in Berkeley. Terms weren’t disclosed. A JLL team of director Jonah Aelyon, senior director Rick Salinas, VP Sarah Murphy and analyst Allie…
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