Philadelphia Business Journal Velocity Venture Partners has paid $195 million, or $4311/sf, for the 452,323-square-foot industrial building at 1180 Church Road in Lansdale, Pa, a Philadelphia suburb The Philadelphia investment firm bought the...
Commercial Observer Akelius has paid $103 million, or $293,447/unit, for the 351-unit Edition apartment property in Hyattsville, Md, about eight miles northeast of Washington, DC The Swedish investor bought the property from a venture of PCCP and...
Ryan Cos and Harrison Street have broken ground on a 258-unit seniors-housing property at the corner of Irving Park Road and Milwaukee Avenue in Chicago Ryan Cos, of Minneapolis, and Harrison Street, of Chicago, received approvals for the...
Crain’s New York Business Developer Peter Fine has filed plans to construct a 109,000-square-foot commercial building in the Bronx, NY Fine last year had filed plans for a 278-unit residential building at the site, at 1006 Westchester Ave, but...
Houston Business Journal Skanska USA Commercial Development is planning to build a 28-story office building totaling 375,000 square feet in downtown Houston The project, dubbed 1550 on the Green, will consist of two levels of underground parking,...
The Real Deal The New York City Landmarks Preservation Commission has told Howard Hughes Corp that the developer’s planned residential project at 250 Water St in Manhattan is too tall The panel did not take any action, but indicated it would...
Boston Real Estate Times Toll Brothers Inc has completed the 112-unit Bradford apartment property in the Boston suburb of Belmont, Mass The property, at 525 Common St, began welcoming its first residents in July The three-building complex has nine...
Austin Business Journal A venture of Cattelus Corp and Gemdale USA Corp has unveiled plans to build a five-story medical-office property with 130,000 square feet in Austin, Texas Groundbreaking is tentatively slated for the second or third quarter...
CIT Group has provided $425 million of construction financing for the 307-unit Terra at the Grove apartment complex in St Louis The loan was written by CIT’s Real Estate Finance group, which funds, among other things, construction and senior...
Washington Business Journal WeWork has settled its lawsuit against Property Group Partners, which owns the 414,000-square-foot Capitol Crossing office building in Washington, DC The coworking company in November filed its suit in Washington, DC,...
