NexPoint Residential Trust closed on the sale of Old Farm in Houston, a 734-unit property built in 1996. The property was acquired for $84.7 million in 2016. As of March 1, 2024, the property was 91.41% leased with a weighted average effective monthly rent…
A partnership has gobbled up enough land to start work on a Boynton Beach industrial facility. Butters Construction & Development and Channing Corp. have completed their assemblage of 47.2 acres in the Agricultural Reserve west of Boynton Beach. The S….
It’s the seventh time Life Time has blended the concept of a high-end fitness facility and a residential rental community. The Triangle Business Journal reports Life Time will open a new fitness facility and beach club in The Exchange Raleigh…
To be called Nissan Stadium, The Tennessee Titans have broken ground on the $2.1 billion facility. The 1.8 million-square-foot stadium will have 60,000 seats, with better sightlines than the current stadium, a stage as large as Ryman Auditorium’s and will…
The CrossRidge Center is expected to include 270,000 square feet of retail space along US 521 and Dobys Bridge Road. The developers are expecting to spend $150 million on the retail component of The Exchange at Indian Land. Target has…
An affordable place for Atlanta’s city workers is taking shape. The Atlanta Business Journal reports a duo of developers affiliated with three area churches are planning 200 workforce apartments across the street from Atlanta City Hall. Radiant Development Partners and…
DAUM Commercial Real Estate Services completed the sale of a 40,129-square-foot industrial property to Privy, which will be used as the apparel wholesaler’s expanded headquarters. Located at 2640 E. 26th St. in Vernon, the building sold for $13,750,000. Anthony Bergeman,…
CBRE recently negotiated the sale of the Tower Office Plaza in Temecula for $13.8 million to Level Asset Capital. Matt Pourcho, Anthony DeLorenzo, Matt Harris and Bryan Johnson of CBRE’s Investment Properties represented the seller, Providence Real Estate Group. “Office sales in the Temecula and Murrieta areas remain strong…
Champion Real Estate Company has acquired Salisbury Campus Apartments, a five-building student housing community near Purdue University at 300, 310 and 318 Salisbury Street and 229 and 235 Littleton Street in West Lafayette, Indiana. Scott Clifton of JLL represented Champion…
Washington is about to get the state’s first location for the iconic California burger chain In-N-Out. The restaurant would be the first In-N-Out in Washington, according to planning documents submitted to the city of Ridgefield, reported the Columbian. The company…
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