John Petersen Resigning as COO of PS Business Parks
June 3, 2021
Marc Fox Named CFO of Greystone
June 1, 2021
Regional Digests
264-Unit Apartment Property Breaks Ground in Lancaster, Calif.
San Fernando Valley Business Journal USA Properties Fund has broken ground on Terracina at Lancaster, a 264-unit apartment property in Lancaster, Calif., about 70 miles north of Los Angeles. The Roseville, Calif., company expects the complex to be completed in...
166,332-SF Office Building in Evanston, Ill., Hits Sales Market
Crain's Chicago Business FD Stonewater is offering for sale the 166,332-square-foot office building at 1007 Church St. in Evanston, Ill., about 13 miles north of Chicago. The Arlington, Va., investor has hired JLL to market the property, which is expected...
63-Story Apartment/Hotel Building Planned for Manhattan’s 57th Street
New York YIMBY Plans have been submitted for a proposed 63-story building at 41-47 West 57th St. in Manhattan that would include 119 residential units, 158 hotel rooms and 10,212 square feet of space for a restaurant. The site, which...
Southern Land Co. Proposes 329-Unit Apartment Property in Philadelphia
Philadelphia Business Journal Southern Land Co. has proposed constructing a 329-unit apartment property in Philadelphia's Northern Liberties section. The building, at 418 Spring Garden St., will have 14,520 square feet of retail space and 89 parking spaces. The Nashville, Tenn.,...
Walton Street-Led Venture Plans 381,200-SF Industrial Building in Philadelphia
Philadelphia Business Journal A venture of Walton Street Capital and Court Street Ventures is developing Crown 95 Logistics Center, a 381,200-square-foot industrial property in Philadelphia. It will break ground on the project later this year and complete it in the...
900-Unit Apartment Project Coming to Washington, D.C.
Washington Business Journal A venture of Felice Development Group and Fields Grade plans on building a 900-unit apartment project in Washington, D.C. The property, at 1333 M St. SE, will consist of three residential buildings and include about 45,000 square...
500,000-SF Life-Sciences Property Planned for Suburban Boston
Boston Business Journal HYM Investment Group plans to develop a 500,000-square-foot life-sciences building in the Boston suburb of Revere, Mass. The Boston developer originally had planned on constructing a residential building on the site, but now will build laboratory space....
Developer Breaks Ground on Apartment Project in East Orange, N.J.
Real Estate NJ Blue Onyx Cos. has broken ground on 14 Summit, a 78-unit apartment project in East Orange, N.J. The five-story building, at 14 Summit St., will have one- and two-bedroom units, along with coworking space, a lounge, fitness...
40-Story Condo Project Proposed for Downtown Miami
South Florida Business Journal An affiliate of Aria Development has proposed building a 40-story residential condominium project in downtown Miami. The local developer had bought the project's 0.48-acre development site, at 501 NE First Ave., in 2015 for $8.25 million....
Healthcare Realty Pays $24.6Mln for Southern Calif. Office Property
Rentv.com Healthcare Realty Trust Inc. has paid $24.6 million, or $336.99/sf, for Saddleback Professional Center, a 73,000-square-foot office building in Laguna Woods, Calif. The Nashville, Tenn., REIT purchased the property from Miramar Capital, which was represented in the deal by...
