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News
Waterton Acquires 482-Unit Reserve at Chino Hills Apartments in California
2+ day, 4+ hour ago (166+ words) CHINO HILLS, CALIF. — Waterton has purchased Reserve at Chino Hills, a multifamily property in Chino Hills. Terms of the transaction were not disclosed. Situated on 20 acres at 4200 Village Drive, the garden-style community features 46 residential buildings and a clubhouse. Waterton plans…...
Foundry Commercial to Develop 192,000 SF Industrial Project in Fort Worth
3+ day, 4+ hour ago (160+ words) FORT WORTH, TEXAS — Orlando-based Foundry Commercial will develop Gemini Logistics Center, a 192,000-square-foot industrial project in Fort Worth. The address was not disclosed, but the 15-acre site is located along the I-35 corridor in the Meacham submarket on the city’s…...
Carbon Shepherd Completes 84-Unit Independent Living Project in Sherman, Texas
3+ day, 4+ hour ago (167+ words) SHERMAN, TEXAS — Dallas-based Carbon Shepherd Development has completed an 84-unit independent living project in the North Texas city of Sherman. Woodland Cottages Sherman offers one- and two-bedroom units that are reserved for renters age 55 and above. Amenities include a pool,…...
JLL Negotiates $41.2M Sale of Stanley Marketplace in Aurora, Colorado
3+ day, 5+ hour ago (225+ words) AURORA, COLO. — JLL Capital Markets has arranged the $41.2 million sale of Stanley Marketplace, a 102,125-square-foot adaptive reuse retail development located in Aurora. Jason Schmidt and Austin Snedden of JLL represented the seller, Westfield Co., in the transaction. Leon McBroom and…...
Spandrel, 7G Group to Add W Hotel as Anchor for Uptown Charlotte Tower Redevelopment
3+ day, 4+ hour ago (170+ words) CHARLOTTE, N.C. — A partnership between Spandrel Development Partners and 7G Group has announced plans to add a 200-room W Hotel to 400 South Tryon, a redevelopment of a 1970s-era office tower in Uptown Charlotte. The new hotel will be situated on the first…...
Colliers Arranges $44.5M Construction Loan for Multifamily Project in Norwood, Massachusetts
3+ day, 5+ hour ago (195+ words) NORWOOD, MASS. — Colliers has arranged the $44.5 million construction loan for a 145-unit multifamily project in Norwood, located southwest of Boston. The site is located at 259 Lenox St., and the new five-story building will offer studio, one- and two-bedroom units, 20 percent…...
Laramar Group Acquires 656-Unit Apartment Tower in Chicago
3+ day, 5+ hour ago (260+ words) CHICAGO — The Laramar Group has acquired Eleven Thirty, a 656-unit apartment tower located at 1130 S. Michigan Ave. in Chicago. The purchase price was $166 million, according to local media reports. Originally constructed in 1967, the property rises 43 stories and provides unobstructed views…...
Prologis to Develop 1 MSF Logistics Facility in Minooka, Illinois
3+ day, 5+ hour ago (148+ words) MINOOKA, ILL. — Prologis has acquired 69 acres in Minooka within Chicago’s I-80 submarket with plans to develop Minooka Exchange, a 1 million-square-foot logistics facility. The single-story, cross-dock building will feature a clear height of 40 feet, 290 car parking spaces and an 185-foot truck court....
Amazon Occupies 312,474 SF Industrial Building in Romulus, Michigan
4+ day, 4+ hour ago (120+ words) Prior to completing Building 4, Contegra began construction on Building 6 in the same development. The 282,909-square-foot, single-load building is slated for completion in November. Romulus Trade Center is slated to total nearly 2 million square feet across six buildings. The development will…...
CrestMarc, Midloch Acquire 294-Unit Apartment Complex in Huntsville, Texas
4+ day, 2+ hour ago (233+ words) HUNTSVILLE, TEXAS — A partnership between two investment firms, Dallas-based CrestMarc and Chicago-based Midloch Investment Partners, has acquired The Forum at Sam Houston, a 294-unit apartment complex located about 70 miles north of Houston in Huntsville. The property also functions as student…...