Southeast
Developers Wanted in Miami for Multifamily Project
South Florida Business JournalThe City of Miami hopes to find real estate developers interested in designing, developing and building a multifamily project at 400-430 SW Eighth Ave. The 28,137-square-foot vacant lot, near the Miami river, is owned by the city....
Investment Group Buys Retail, Office Property in Memphis, Tenn., Suburb
Memphis Business JournalA group of investors from Charlotte, N.C., operating as PP Group I, has bought a 20-acre retail and office development in the Memphis, Tenn., suburb of Cordova, Tenn. The group bought the property at the corner of Germantown...
Siemens Extends Lease at Orlando, Fla. Office
Orlando Business JournalSiemens Real Estate Inc. has agreed to a $39.5 million lease extension at an Orlando, Fla., office building. The property at 4400 Alafaya Trail has 256,000 square feet and is owned by Winthrop Realty Trust. The agreement is...
$200Mln Project Coming to Louisville, Ky., Riverfront
The Courier-JournalA ground breaking ceremony will take place next week on the $200 million RiverPark Place in Louisville, Ky. The Army Corps of Engineers recently approved a permit for the park between River Road and the Ohio River near Towhead...
St. Louis Developer Eyeing Birmingham, Ala.
Birmingham NewsCity officials in Birmingham, Ala., are trying to get Roberts Cos. of St. Louis to develop a hotel, lofts or other commercial space in the city. Roberts has in the past tried to develop projects in the city past,...
Weingarten Buys 12 Acres in Raleigh, N.C., for Mixed-Use Project
Triangle Business Journal Weingarten Realty Investors has purchased a 12-acre tract in Raleigh, N.C., for $19 million. The Houston firm bought the property behind the Crabtree Valley Mall from Crabtree Avenue Investment Group, which had purchased it in 2002 for...
125,000-SF Shopping Center Coming to Concord, N.C.
Charlotte ObserverRaley-Miller Properties of Charlotte, N.C., is developing a 125,000-square-foot shopping center in the Charlotte suburb Concord, N.C. The project, which is estimated to cost about $15 million, will be anchored by a 48,000-sf Harris Teeter supermarket. The shopping center,...
Big Residential Development Going Up in Birmingham, Ala., Suburb
The Birmingham NewsCompass Communities LLC of Atlanta is building Lincoln Harbor, a $750 million residential development in the Birmingham, Ala., suburb of Lincoln, Ala. The project, which is being built on 170 acres along Lake Logan Martin, will consist of...
Condo Project Coming to Smith Lake, Ala.
The Birmingham NewsWaterfield Ventures LLC is planning in April to break ground on a 36-unit condominium project in the Birmingham, Ala., suburb of Smith Lake, Ala. The Birmingham developers hired local architects Ben Shepard and Darla Davis to design the...
Orlando Suburb to Get Upscale Shopping Center
Orlando SentinelSoutheast Centers LLC is building a 75,000-square-foot shopping center in Bellalago, Fla., a lakeside community outside of Orlando, Fla. Ground breaking on the project, which is expected to cost $20 million, is slated for June with a grand opening...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
