CBRE has arranged a new 57,161-square-foot industrial lease with the first tenant within Northwest Gateway Center, a newly constructed two-building industrial campus in Arlington Heights, Illinois. CBRE’s Jack Brennan, Mike Sedjo, John Hamilton, and Ben Dickey represented the owner, Ridgeline…
Remedy Medical Properties, Inc. has purchased a six-building medical office portfolio in Northern Kentucky for an undisclosed amount. CBRE’s Steve Timmel, CCIM, Will Roberts, Chris Prosser, CCIM, and Travis Likes represented the seller, Zalla Companies, in the transaction. The portfolio…
MassDevelopment issued a $6.9 million tax-exempt bond for LEO Inc. to convert its headquarters into a preschool in Lynn, MA, serving 270 students. The renovation includes 15 classrooms, a commercial kitchen, a gross motor room, and a multipurpose room. Eastern…
RoadOne IntermodaLogistics thinks it has a good thing going in Jacksonville. The transportation company has leased the 422,136-square-foot Imeson Commerce Center at 1000 Imeson Park Boulevard, expanding its local presence to three facilities with over 800,000 square feet of warehouse…
Oldacre McDonald is planning a 22-acre mixed-use development on Stewarts Ferry Pike near Nashville International Airport. Oldacre recently filed a zoning application to change the current use of single-family housing to allow for commercial and multifamily. The Nashville Business Journal…
Elmwood Development has completed its assemblage of Downtown Raleigh lots, and now it can get moving on a 12-story building. The Triad Business Journal reports Elmwood recently acquired three lots in the Warehouse District near the Fairweather Condos for $6.48…
The pickleball craze shows no sign of slowing, and when you add golf simulators to the mix, you’re on top of the latest experiential development trends. The owners of Pin Point say their new project will be the largest indoor…
Land Innovations and Rochford Realty are planning a 27-acre mixed-use development in Nolensville, just south of Nashville. Nolensville has experienced rapid growth in recent years. The city’s population has grown from 2,000 to more than 15,000 people since 2000. The…
Welltower Inc., a REIT headquartered in Toledo, is under contract to acquire a portfolio of 25 purpose-built active adult communities for $969 million from Affinity Living Communities. Welltower and Affinity, a developer and operator of age-targeted housing, will also enter into a long-term…
Trammell Crow Company (TCC) and Beacon Capital Partners have topped out at Hyde Park Labs in Chicago. Located at 5207 Harper Court, the building will span more than 300,000 square feet. Hyde Park Labs will feature nine floors of Class…
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