Commercial Real Estate Direct Staff Report The construction pipeline for data centers in the country’s primary markets declined last year by 56% from 2024 to 5,9944 megawatts of power capacity at the end of last year, according to CBRE That...
Charlotte Business Journal Alta Peak Capital has bought the 73,343-square-foot Salt + Vinegar office and retail property in Charlotte, NC, for $24 million, or $32723/sf The local company purchased the building from White Point Partners, also of...
South Florida Business Journal Dermot Co has bought the 340-unit Quaye Apartments in Palm Beach Gardens, Fla, for $1318 million, or $387,647/unit The New York company purchased the property from an affiliate of PGIM Real Estate of Newark, NJ, which...
Atlanta Business Chronicle UBS Realty Investors has bought SkyHouse Buckhead, a 362-unit apartment building in Atlanta for $834 million, or $230,387/unit The Hartford, Conn, company purchased the 26-story property from Novare Group, an Atlanta...
First Farmers Bank & Trust has provided $26 million of financing for the construction of the 17-unit ONE15 Lofts on Kirkwood residential condominium buildings in Bloomington, Ind The three-year loan was arranged by Maverick Commercial Mortgage...
Columbus Business First Nationwide Realty Investors is planning to redevelop most of the office space at Two Nationwide Plaza, a 300,000-square-foot office property in Columbus, Ohio, into 148 apartment units The real estate development arm of...
South Florida Business Journal The Berritto Family Office has paid $9275 million for a portfolio of three office and retail properties totaling 316,215 square feet in Boca Raton, Fla The Fort Lauderdale, Fla, family office purchased the properties...
Banco Inbursa has provided $150 million of financing to fund the construction of the 620-unit first phase of the Wharton Piers mixed-use project along the Delaware River in Philadelphia The project is being developed by Brevet Capital, a New York...
Tampa Bay Business Journal Horizon Realty Advisors has purchased the Niche, a 251-unit apartment property in Tampa, Fla, for $57 million, or $227,092/unit The Seattle company bought the six-story property from a venture of Wingspan Development Group...
South Florida Business Journal Madison Realty Capital has provided $80 million of construction financing for a 77-unit apartment project at 10290 East Bay Harbor Drive in Bay Harbor Islands, Fla Clara Homes of Miami recently broke ground on the...
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