Los Angeles-based fast fashion retailer F21 Opco, the licensee of Forever 21 in the U.S., said it will wind down its U.S. businesses while pursuing a going concern transaction or a sale of some or all of its assets. The…
Timberline Real Estate Ventures bought The Wilde student apartments in Raleigh for $44.35 million. The seller, Cardinal Group, acquired the property in 2018 for $42.45 million. Located on nearly 16 acres at 3333 Melrose Club Blvd. on the south side…
Partners Capital bought the Courtyard by Marriott Atlanta Buckhead for $24.25 million. The 181-room hotel is off Peachtree Road in the central business district. The seller was RLJ Lodging Trust. The Buckhead Courtyard, built in 1996, has about 1,500 square feet of…
Cushman & Wakefield has been named the exclusive listing agent for the Industrious flex space at Tower 49, located at 12 E. 49th St. in Midtown Manhattan. The firm’s John Picco, Justin Halpern and Alex Lachmund will work with Industrious…
Marcus & Millichap closed the sale of two adjacent retail properties in Maplewood, NJ for $4,262,500. Located at 1812 and 1802 Springfield Ave., the 12,415-square-foot freestanding properties are leased to Dollar General and Sherwin-Williams. “Credit-tenant net leases in northern New Jersey…
Inland Real Estate Investment Corporation and Devon Self Storage have completed the construction of a 59,837-square-foot Class-A self-storage facility located in Springfield, Massachusetts. Located at 2155 East Columbus Avenue near a major downtown thoroughfare and the I-91 overpass along the…
Baptist Health System is spending $18 million on improvements at St. Luke’s Baptist Hospital. The nearly 6,000-square-foot expansion will include the build-out of new emergency department space that will accommodate nearly a dozen more beds, including eight additional medical-surgical beds. The…
Courtesy of Jackson-Shaw Jackson-Shaw Founder Lewis Shaw II passed away at 82. Lewis Shaw II, who founded Dallas-based Jackson-Shaw and grew it into a major national player that has completed 63M SF of development, has died. Shaw was 82 at the time…
Hotelier Rajesh Aggarwal is planning to build a hotel on 1407 Division St. adjacent to the Best Western Plus Music Row hotel. The project will include a 191,150-square-foot building with 222 hotel rooms. Aggarwal owns the 1.27-acre property, which includes…
The Hilton Atlanta, an expansive convention hotel in Downtown, sold recently at a foreclosure auction. The Atlanta Business Chronicle reports Axonic Capital foreclosed on the Hilton, which was tied to a $218.8 million loan originated by Barclays Capital Real Estate Inc. Trinity…
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