Southeast
5-Building Industrial Project Coming to Suburban Raleigh, N.C.
Triangle Business Journal Merritt Properties has proposed developing a 271,450-square-foot industrial project in Knightdale, N.C., about 13 miles east of Raleigh, N.C. The five-building property is going up on 46.21 acres at 123 Hinton Oaks Blvd. The project is the...
Construction Under Way on Mixed-Use Project in Hialeah, Fla.
South Florida Business Journal Shoma Group has started work on the Shoma Village mixed-use project in Hialeah, Fla. The develoepr recently lined up $67.21 million of construction financing from Walker & Dunlop for the seven-story project, which is being built...
Age-Restricted Residential Project Approved for Charlotte
Charlotte Business Journal Bridgewood Property Co. has been approved to build 220 age-restricted units in Charlotte, N.C. The project is being planned for a 1.4-acre site bounded by Royal Court and Morehead Street, southeast of Euclid Avenue. The Houston company...
104 Affordable-Housing Units Planned for YWCA Site in Charlotte, N.C.
Charlotte Business Journal The Charlotte-Mecklenburg Housing Partnership has been approved to build up to 104 affordable-housing units on the site of the YWCA Central Carolinas property in Charlotte, N.C. City Council approved a rezoning for a portion of the 10-acre...
Miami Beach’s Paris Theater Sold for $13Mln
South Florida Business Journal Big Time Productions has sold the 25,589-square-foot Paris Theater in Miami Beach, Fla., for $13 million, or about $508.03/sf. A company managed by Mathieu Massa, head of Massa Investment Group, bought the property, which sits on...
Leasehold Interest in Miami-Area Industrial Project Sold for $12.12Mln
South Florida Business Journal AA Acquisitions LLC has sold the leasehold interest in the 300,000-square-foot industrial property that's under construction at the Miami-Opa Locka Executive Airport in Opa-locka, Fla., for $12.12 million, or $40.40/sf. KOPF Acquisitions was the buyer. The...
90-Unit Apartment Property in Miami Sold for $13.19Mln
South Florida Business Journal Cervera Real Estate Ventures has paid $13.19 million, or about $146,556/unit, for the 90-unit apartment property at 4325 and 4335 NW South Tamiami Canal Drive in Miami. A venture of G3 Investment Trust and MIA Airport...
CVS-Occupied Retail Building in South Fla. Sold for $10.5Mln
South Florida Business Journal Eastern Industrial Development Corp. has bought the 12,735-square-foot retail building at 101 Hialeah Drive in Hialeah, Fla., for $10.5 million, or about $824.50/sf. Centrum Realty & Development of Chicago sold the property and was represented in...
Mixed-Use Project Proposed for Downtown Orlando, Fla.
Orlando Business Journal Ah Tower LLC is planning to build a five-story mixed-use project in downtown Orlando, Fla. The Miami developer is building the property on a 1.3-acre site at 1006 West Colonia Drive, west of Interstate 4. A proposal...
Work Starts on Spec Warehouse in Horn Lake, Miss.
Memphis Business Journal Scannell Properties this week broke ground on a 1 million-square-foot warehouse in Horn Lake, Miss., about 17.5 miles south of Memphis, Tenn. The project, which is being built speculatively, is going up on a 92-acre site at...
Robinson Weeks to Build Spec Warehouse in Memphis, Tenn.
Memphis Business Journal Robinson Weeks Partners recently purchased a 23-acre development site for a 320,000-square-foot warehouse in Memphis, Tenn. The Atlanta firm is building the industrial project at 6099 Global Drive. It's being developed on a speculative basis. Cushman &...
Alliance Residential Plans 328-Unit Property for Raleigh, N.C.
Triangle Business Journal Alliance Residential Co. has filed plans for a 328-unit apartment property in Raleigh, N.C. The five-building project is being planned for the site of the former Plaza Hotel, on 13 acres at 2815 Capital Blvd. The property,...
33-Story Mixed-Use Project Proposed for Orlando, Fla.
Orlando Business Journal Summa Development Group LLC is planning to build a 33-story mixed-use project in Orlando, Fla. Work on the project is expected to start in the fourth quarter of next year. It's being planned for a 1.51-acre site...
292-Unit Apartment Property Proposed for Delray Beach, Fla.
South Florida Business Journal Trinsic Residential Group wants to build a 292-unit apartment project in Delray Beach, Fla. The Dallas developer has proposed the six-building property for a 12.2-acre site at 2095, 2101, 2189 and 2200 West Atlantic Ave. It...
Related Group Proposes Apartment Project for Hollywood, Fla.
South Florida Business Journal Related Group has filed for a zoning change for a Hollywood, Fla., development site where it wants to build a garden-style apartment complex. The city's Planning Commission will hear the proposal on July 23. The site,...
2 Hialeah, Fla., Warehouses Trade for $61Mln
South Florida Business Journal CenterPoint Properties has paid $61 million, or about $148.01/sf, for a pair of industrial properties in Hialeah, Fla. The Oak Brook, Ill., company bought the warehouse buildings, with a combined 412,132 square feet at 3880 and...
259-Unit Apartment Project Breaking Ground in Charlotte
Charlotte Business Journal Grubb Properties is breaking ground soon on a 259-unit apartment project in Charlotte, N.C. The Charlotte developer recently bought the seven-story project's development site, at South Mint, West Palmer and South Graham streets in the city's Gold...
Industrial Project Approved for 288 Acres in Suburban Charlotte, N.C.
Charlotte Business Journal Beacon Partners has been approved to build an industrial project on 288 acres in Pineville, N.C., about 14 miles south of Charlotte, N.C. The project, dubbed Carolina Logistics Park, can accommodate up to 3.5 million square feet...
Crescent-Led Venture to Build Industrial Project in Lakeland, Fla.
Tampa Bay Business Journal Crescent Communities, a Charlotte, N.C., developer, is building its first industrial project in Lakeland, Fla. The company, which has built other industrial and office projects in the state, is teaming with Native Development Group to build...
Durham, N.C., Apartment Property Sells for $87Mln
Triangle Business Journal Cortland has paid $87.2 million, or about $254,971/unit, for Broadstone Durham, a 342-unit luxury apartment property in Durham, N.C. The Atlanta real estate investment company changed the name of the property to Cortland Bull City. It bought...
Wood Partners Building Luxury Apartment Units in Morrisville, N.C.
Triangle Business Journal Wood Partners has started construction on a 403-unit luxury apartment property south of North Carolina's Research Triangle region in Morrisville, N.C. The seven-building property, dubbed Alta Davis, is being built on a 22-acre site at 4701 Hopson...
2 Apartment Buildings Proposed for Hialeah, Fla.
South Florida Business Journal Prestige Cos. wants to construct a pair of apartment buildings in Hialeah, Fla. The Miami Lakes, Fla., developer has proposed the buildings for a development site along Red Road, just north of Gratigny Parkway and Miami...
AMLI Residential Wants to Bring Mixed-Use Project to Suburban Atlanta
Atlanta Business Chronicle AMLI Residential has filed plans to redevelop the former Cox Communications office property in suburban Atlanta into a mixed-use complex. The Chicago developer has filed a request to rezone the project's 21.14-acre development site, at 1400 Lake...
Apartment Redevelopment Proposed in Lauderhill, Fla.
South Florida Business Journal An affiliate of Estate Investment Group of Miami has proposed redeveloping a former Target Superstore in Lauderhill, Fla., into an apartment property. Plans for the 13.7-acre development site, at 7730 West Commercial Blvd., call for 529...
Refrigerated Warehouse Planned for Hialeah, Fla.
South Florida Business Journal A venture of Bridge Development Partners and PGIM Real Estate is developing a refrigerated warehouse in Hialeah, Fla. The industrial project is being built on 20.1 acres at the southwest corner of NW 164th Street and...
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