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TODAY’S DEALS: Wood Partners Completes Another California Sale

TODAY’S DEALS: Wood Partners Completes Another California Sale

Wood Partners completes a Bay Area sale; NorthMarq arranges a refinancing in Rochester, N.Y.; and GFI Realty arranges a $4.6 million sale of a Harlem walk-up building.…

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Rainer Court Apartments Shine Bright after $6 Million Makeover

Rainer Court Apartments Shine Bright after $6 Million Makeover

A formerly neglected apartment community that’s part of the redevelopment boom in Midtown Detroit is just months away from reopening as market-rate housing for students and young professionals.…

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Beatty Development Officially Breaks Ground on Harbor Point, Baltimore’s Newest Neighborhood

Beatty Development Officially Breaks Ground on Harbor Point, Baltimore’s Newest Neighborhood

Work is now underway on Baltimore’s newest and largest waterfront development project. On the morning of Wednesday, February 25, Beatty Development celebrated the official groundbreaking of Harbor Point, together with Mayor Stephanie Rawlings-Blake and other local officials.…

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FTI Consulting Signs 17 KSF Lease at One Biscayne

FTI Consulting Signs 17 KSF Lease at One Biscayne

By Balazs Szekely, Associate Editor FTI Consulting Inc. has recently moved to One Biscayne Tower from Miami Center. The global business advisory firm signed a 17,000 square-foot lease. The transaction was negotiated by Brian Gale and Ryan Holtzman of Taylor & Mathis, the exclusive leasing agent for the 39-story, 700,000…

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21c to Convert Old City Hall in Indianapolis into $55M Hotel-Museum

21c to Convert Old City Hall in Indianapolis into $55M Hotel-Museum

21c Museum Hotels is planning to invest approximately $55 million into the revitalization of the Old City Hall in downtown Indianapolis, which will bring a 150-key hotel and a public contemporary art museum.…

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Prologis Breaks Ground on 1.02 Million Sq. Ft. Warehouse in Carlisle

Prologis Breaks Ground on 1.02 Million Sq. Ft. Warehouse in Carlisle

San Francisco-based warehouse giant Prologis broke ground on a massive distribution center at its Prologis Park Carlisle II business park in Carlisle, PA.…

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Prudential Grabs Mid-Continental Plaza Office Building in Chicago

Prudential Grabs Mid-Continental Plaza Office Building in Chicago

Prudential Real Estate Investors, a subsidiary of Newark, NJ-based Prudential Financial, Inc., has acquired a 49-story office property at 55 E. Monroe in Chicago.…

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Duke Sells Last Six Northeast Ohio Office Buildings for $20M

Duke Sells Last Six Northeast Ohio Office Buildings for $20M

Duke Realty Corp. is leaving the Northeast Ohio commercial real estate market. The Indianapolis-based REIT has recently sold its last six office buildings in the area.…

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Baltimore’s Church Square Shopping Center Changes Hands

Baltimore’s Church Square Shopping Center Changes Hands

Baltimore’s Church Square Shopping Center is now under new ownership. The property’s former owner, a joint venture between The Hampshire Companies, of Morristown, N.J., and Baltimore-based MCB Real Estate, sold it to Kodiak Properties, LLC and Burley Church, LLC, for an undisclosed price. KLNB, LLC represented both the buyer and…

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Arlington County Approves 1307 N. Rolfe St. Redevelopment

Arlington County Approves 1307 N. Rolfe St. Redevelopment

The Arlington County Board voted unanimously last week, to approve the redevelopment of 1307 N. Rolfe Street. The project calls for the construction of two new residential buildings, a new public park and a new county transitional living facility. It is using the Fort Myer North Heights area plan as…

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WPT Industrial REIT Enters Memphis’s Industrial Market with $86.25M Purchase

WPT Industrial REIT Enters Memphis’s Industrial Market with $86.25M Purchase

Toronto-based WPT Industrial Real Estate Investment Trust just made a big splash in Memphis. The company recently acquired an industrial portfolio consisting of six distribution facilities for $86.25 million.…

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DPJ Residential to Develop $10M, 77-Unit Boutique Apartment Community

DPJ Residential to Develop $10M, 77-Unit Boutique Apartment Community

Charlotte-based boutique apartment developer DPJ Residential is gearing up to break ground on a 77-unit multifamily project on Freedom Drive, near Charlotte’s Uptown.…

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