As recently as 2021, two dilapidated warehouses occupied a city block in Canarsie, Brooklyn. Fast-forward to 2024 and the site at 807 Bank St. has been transformed into a 172K SF, LEED Platinum precertified, last-mile industrial facility. And although built…
The owners of a former lumberyard on Goose Island are offering the land for sale, a move that calls into question Hines’ long-standing plans to build Chicago’s first mass timber building on the site. CBRE is marketing the 2.1-acre site…
Hanley Investment Group Real Estate Advisors arranged the sale of a recently constructed, three-tenant net-leased investment anchored by a Chipotle Mexican Grill with a drive-thru Chipotlane in Riverside. The sale price was $5.84 million. EVP Eric Wohl and associate CJ Kiehler…
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…
CBRE arranged the $4.9-million sale of a 8,450-square-foot multifamily development site in the Century City submarket of West Los Angeles to 416 Development Group, LLC, which will utilize Fox Hills Development Group, LLC as the development entity. Laurie Lustig-Bower and Kamran Paydar with CBRE’s Los Angeles…
The Allen Morris Company is planning to build a mixed-use project that would replace industrial properties in the area of Bankhead and the BeltLine’s Westside Trail. Two years ago, the company paid $31 million for the site. Allen Morris submitted…
A $30 million boutique hotel is on the way in Roswell, north of Atlanta. The five-story, Hyatt-branded Cambray Hotel will have 125 rooms. It will start construction in May. Its architecture is modeled after the brick mills that were prominent…
California Commercial Investment Group has acquired a 19-acre site adjacent to the Motion Picture & Television Fund campus in Woodland Hills for $30 million. The company plans to develop a luxury senior living life cycle community encompassing approximately 300 units on the…
Courtesy of CBRE 25-01 Queens Plaza North, where Grubb Properties plans to build a 317-unit building. A new-to-New York developer just dropped $63M on a Long Island City property. Charlotte, North Carolina-based Grubb Properties, known for its workforce housing development, picked up…
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