Bank OZK and Affinius Capital have provided a total of $1407 million of financing for the construction of the 270-unit Piazza at Ardmore apartment property in the Philadelphia suburb of Ardmore, Pa The property, in the Philadelphia region’s...
South Florida Business Journal Midtown Capital Partners has purchased the 177,346-square-foot Edison office building in Pembroke Pines, Fla, for $445 million, or $25092/sf The Miami company bought the property from TPA Group of Atlanta The purchase...
New York City real estate investors David Levinson and Marty Burger have launched L&L Infinite, which will pursue development opportunities in the New York and South Florida areas The venture will also make debt and equity investments in...
Atlanta Business Chronicle Georgia Power has paid $43 million, or $5681/sf, for its 756,921-square-foot corporate headquarters building at 241 Ralph McGill Blvd in Atlanta The electric utility already owned the land on which the 24-story building...
Orlando Business Journal Graham Capital has bought a two-building industrial facility totaling 142,536 square feet at 8601 and 8617 Transport Drive in Orlando, Fla, for $21 million, or $14733/sf The Birmingham, Ala, company purchased the property...
The global data-center sector is expected to increase by 97 gigawatts over the next five years, nearly doubling the current 103 GW inventory, according to JLL This year, the global inventory is set to grow by 12...
South Florida Business Journal The buzz is that a venture led by billionaire Ken Griffin has paid $180 million, or $60403/sf, for the 298,000-square-foot 545 Wyn office building in Miami Griffin, chief executive of Citadel, has partnered with...
Jacksonville Daily Record CIP Real Estate has paid $5386 million, or $12673/sf, for the 425,000-square-foot JAX Airport Logistics Center in Jacksonville, Fla The Irvine, Calif, company purchased the two-building warehouse property from an affiliate...
Triangle Business Journal A joint venture led by Highwoods Properties has bought Bloc83, a 495,121-square-foot mixed-use development in downtown Raleigh, NC, for $2105 million, or $42515/sf The local real estate company teamed with the North...
Atlanta Business Chronicle Kilpatrick Townsend & Stockton LLP has renewed its lease for 148,000 square feet at 1100 Peachtree, a 584,818-square-foot office building in Atlanta’s Midtown neighborhood The law firm’s lease at the...
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