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...
About
Commercial Real Estate Direct is the only source — in print or otherwise — that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
