Marcus & Millichap closed the sale of MedMark Medical Center, a 12,750-square-foot medical office located in Lafayette, Indiana. The property sold for $2.6 million with a 6.6 percent cap rate. Three and a half years remain on the NN lease…
Vista Residential Partners has broken ground on 11.7 acres on the corner of N. Main Street and Holly Springs Road in Holly Springs, NC, for the development of Main Street Vista, a 277-unit mixed-use community. Public records show that Western-Southern…
St. Augustine Outlets, like numerous malls throughout the US, closed during Covid. Mall owners had to figure out what to do with now-empty space. Thompson Thrift is moving ahead on Terrassa, a multifamily community, part of the redevelopment of the…
The former Duke Energy building in downtown Charlotte is going down. It needs to be demolished so Asana Partners and MRP Realty can move forward on their $250 million redevelopment plan. The Charlotte Business Journal reports the building at 526…
Hawkins Way Capital has purchased a 122-unit student housing building at 300 West 20th Street in New York City from The New School for $30 million. Located in Chelsea, the seven-floor residential property has been serving as student housing since…
Landmark Properties, in partnership with Peninsula U.S., acquired a 67-acre site in Columbia, SC and will commence construction on a 197-unit, 826-bed cottage-style student housing community. Landmark Cottage Construction, the in-house general contractor for Landmark Properties, is managing construction on…
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…
Constellation Real Estate Partners will soon start work on a 374,000-square-foot speculative industrial building in Charlotte. The Charlotte Business Journal reports the company recently paid $11.8 million for the 41-acre parcel, and completion is scheduled for August 2025. The rear-load…
Pharmaceutical company Kyowa Kirin plans to invest up to $530 million to build a new manufacturing facility in Sanford, North Carolina. The 171,700-square-foot, two-reactor facility will accelerate the company’s development and production of biologic therapies for patients with rare and serious diseases. The…
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation, has acquired a 64,340-square-foot, single-tenant light industrial building at 9999 Virginia Avenue in Chicago…
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