Rushmark Properties closed on a $48.3 million construction loan with United Bank to develop Berkeley Commerce Center, a multi-building, Class-A industrial campus in Summerville, South Carolina. With site work now underway, Rushmark will commence work this fall on the first…
Simone Development Companies and Fareri Associates joined with Burke Rehabilitation at Purchase Professional Park for the ribbon cutting of its expanded Purchase/Fairfield Outpatient Therapy Site at 3020 Westchester Ave. in Purchase, NY. Elected, business and clinical leaders from across Westchester and Fairfield counties gathered to tour…
GTIS Partners and Collett Industrial have broken ground on Stateline 85, a three-building, 933,120-square-foot industrial development in Cherokee County. The project will be developed in two phases, the first of which is underway and currently expected to deliver two buildings…
Lovett Industrial purchased a 27-acre lot in northeast Durham for $16 million. The industrial developer bought the site with a small warehouse near the Interstate 85/885 interchange with plans to develop a more than 350,000-square-foot industrial building called the Durham…
Marcus & Millichap closed the sale of Arts Industrial Park, a 63,500-square-foot industrial property located in Olympia, Washington. The asset sold for $4.8 million. Matthew Herman and RJ Vara, investment specialists in Marcus & Millichap’s Seattle office, had the exclusive…
VP Tom Papoulias of Coldwell Banker Commercial West arranged the sale of the Seville Gardens Apartment Community, a 225-unit senior housing apartment complex located at 2701 Randolph St. in Huntington Park The transaction closed at $33,750,000. Papoulias represented the seller, Seville Gardens,…
CBRE recently arranged the sale of Arrow Pines Business Park, a 44,125-square-foot-industrial business park in San Dimas. The buyer was a private investor, Arrow SD LLC, who paid $9.23 million. CBRE Investment Properties’ Mark Shaffer, Anthony DeLorenzo, Gerand Poutier and Dylan Rutigliano, along with CBRE’s National Partners Barbara Perrier and Eric…
A two-tower multifamily development proposed by Sterling Bay that had advanced through the initial hurdle of zoning approvals is now facing a delay in the process amid opposition from a local alderman. The deferral came less than a week after…
The former Dom’s Kitchen and Market location in Lincoln Park will be replaced by The Fresh Market, a North Carolina-based supermarket chain. The Fresh Market will take over the 2730 North Halsted Street space, which was previously home to one…
One of several Chicago-area CVS pharmacy locations that recently closed is set for redevelopment, including condos. The site at 401 W. Armitage Avenue, which was once home to a CVS location in Lincoln Park, will be overhauled and feature residential…
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