Foxfield and AEW Capital Management, are moving ahead on their Sugarloaf Logistics Hub campus project in Gwinnett County, Georgia. Foxfield and AEW acquired the property in 2022 with the intent to convert a six-building, 740,000 square feet, corporate office campus…
Marcus & Millichap (NYSE: MMI) has published its Midyear 2024 Houston Industrial Market Report. Highlights include: Houston’s industrial inventory expanded by 20% since 2019, adding over 110 million square feet, which increased the vacancy rate to 7.5% by mid-2024. A shift in…
Kennedy Wilson has closed senior construction loans for the development of three student housing projects totaling $184 million at the University of Wisconsin – Madison, University of North Texas and University of California, Berkeley. These recent deals, completed through Kennedy…
Aja Constructions paid $13.5 million for land off Fayetteville Road just south of the Highway 70 split. The Town of Garner rezoned the 43-acre site in late 2023 to allow for 654 multifamily units and 40,000 square feet of retail…
LG Development Group has locked up a $100 million construction contract for a 20-story tower at 1711 Broadway in Nashville. Sumitomo Mitsui Banking Corp. provided the financing. The LG paid $14.1 million for the Midtown property near the intersection of Broadway…
Newmark closed the $16.15-million sale of a multifamily portfolio, known as Westside Trio. Located in highly sought-after neighborhoods of West Los Angeles, the portfolio sold for a blended price per unit of $425,000 and blended price per foot of $573….
King Street Properties said its first building at The Landing in the mid-Peninsula town of Burlingame is substantially complete and has opened its marketing center for prospective life science tenants. The seven-story, 300,000 square-foot 1699 Bayshore anchors the 4.5-acre campus, devised…
Vesper Holdings acquired Gateway at Denton, located near the University of North Texas. Yardi Matrix data shows that the company took out a $25.3 million Freddie Mac loan for this acquisition, originated by KeyBank and arranged by AMA Financial. IPA’s…
Ascendant Development delivered the Haven at Charlotte, a luxury 369-unit property in Nashville. Commercial Edge reports the firm took out a $55.4 million construction loan for the project, which Citizens Financial Group originated in 2021. Haven at Charlotte is…
Lalani Ventures is working with Exact Capital on a mixed-use, mixed-income at Underground Atlanta, a project Lalani is developing. Underground Atlanta is a shopping and entertainment district located in the city’s Five Points neighborhood. The project has a price tag…
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