Arick Morton Senior housing could be considered an “under-the-radar” commercial real estate sector, especially compared to the more active industrial, retail and multifamily sectors. However, NIC Map Vision’s Senior Housing Outlook report showed that development is behind, which could mean…
Construction crews began tearing down North DeKalb Mall as retail developer Edens prepares to transform the 73-acre property into a walkable, mixed-use district. The mall, shuttered in 2020, will be called Lulah Hills. The redevelopment will add 1,700 apartments, 100…
Constellation Real Estate Partners has obtained a $27 million construction loan to build a 374,000-square-foot speculative warehouse in Charlotte. Located at 1900 Continental Blvd. Constellation 485 South will sit on approximately 41 acres and will feature 80 dock doors, two…
Charlotte-based The Providence Group completed four retail lease transactions totaling nearly 100,000 square feet across the Carolinas. The activity includes two transactions with HomeGoods, as well as additional deals with Homesense and T.J. Maxx. The Providence Groups Melissa McDonald, who…
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has listed Pacific Trails Apartments, an 84-unit apartment property located in Covina within the San Gabriel Valley. The price is open bid. “Located close to entertainment and shopping along Arrow Highway and…
The former Dom’s Kitchen and Market location in Lincoln Park will be replaced by The Fresh Market, a North Carolina-based supermarket chain. The Fresh Market will take over the 2730 North Halsted Street space, which was previously home to one…
Fitch Ratings said its overall U.S. CMBS delinquency rate increased nine basis points to 2.42% in May from 2.33% in April 2024 due to maturity defaults of several large regional mall and office loans. Led by the $255-million maturity default of a loan…
What used to be called the Hickory Hollow Mall was the largest retail center in Tennessee. But like many malls across the country, it met its demise, and the Metro bought it and the 57 acres for $44 million. Soon…
Legal Sea Foods, a New England-based dining brand, has unveiled a first look at its upcoming Chicago location at Marina City, 315 N. Dearborn Street. The new flagship location is slated to open its doors in July. “We’re transforming the…
Construction on Airabella Lake Oconee, a 137-acre mixed-use project east of Atlanta, is set to begin this summer. Choice Gateway is developing the project. The developers hope to complete all aspects of the project by 2026. Plans call for a…
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