Lennar Plans 447-Unit Apartment Property in McLean, Va.
August 2, 2021
Ally Charlotte Center Office Building Sells for $390Mln
August 2, 2021
Atlanta’s 725 Ponce Sold for $300.2Mln
August 2, 2021
City: Kansas City
2Mln-SF Industrial Property Planned Near Kansas City, Kan.
Commercial Property Executive Scannell Properties is planning to build Compass 70 Logistics, a 2 million-square-foot industrial property in Bonner Springs, Kan. The Indianapolis company has proposed developing the three-building property on a 157-acre site at the intersection of Interstate 70 ...
181-Unit Apartment Property Proposed for Kansas City, Mo.
Kansas City Business Journal Clarity Development Co. has proposed building a 181-unit apartment property at 1734 East 63rd St. in Kansas City, Mo. The Omaha, Neb., developer would demolish the 100,254-square-foot office building that sits on the development site to ...
228-Unit Apartment Property Approved for Kansas City, Mo.
Kansas City Business Journal Lux Living has been approved to build a 228-unit apartment property at 1923-1945 Broadway Blvd. in Kansas City, Mo. The St. Louis developer will start work on the $50 million development next month. The five-story property ...
300-Unit Apartment Building Proposed for Kansas City, Mo.
Kansas City Business Journal A venture of local developers Americo Life and Burns & McDonnell has proposed building Museum Tower, a 300-unit apartment property in Kansas City, Mo. The development, at the intersection of East 45 and Main streets, would ...
Industrial Logistics Pays $44Mln for Industrial Property Near Kansas City, Kan.
Industrial Logistics Properties Trust has paid $44 million, or $86.21/sf, for the 645,000-square-foot industrial building at 17001 West Mercury St. in Olathe, Kan. The Newton, Mass., REIT purchased the property from a venture of USAA Real Estate of San Antonio ...
Construction Begins on 263-Unit Apartment Complex in Kansas City, Mo.
A venture of Milhaus and Ryan Cos. has begun construction on the 263-unit Glade apartments in Kansas City, Mo. The property, at 8601 Drury Ave., will offer a mix of studio, one-, two- and three-bedroom units with monthly rents starting ...
Work on Two-Hotel Project to Begin Soon in Kansas City, Mo.
Kansas City Business Journal Capital Management Inc. is starting work on a two-hotel development in Kansas City, Mo. The Overland Park, Kan., developer will build a nine-story Tribute Portfolio hotel with 175 rooms and seven story Aloft Hotel with 121 ...
Kansas City, Mo., Apartments Sold for $60Mln
REBusiness Online A&C Ventures Inc. has bought the 276-unit Watermark at Tiffany Springs Apartments in Kansas City, Mo., for $60 million, or $217,391/unit. The Sonoma, Calif., private investment company purchased the property from Thompson Thrift Development Inc., which had developed ...
Coach House
The buyer has assumed a $56.4 million Freddie Mac loan against the property that's securitized through FREMF, 2017-K64. The loan requires only interest payments through November 2021, after which it amortizes on a 30-year schedule. It pays a coupon of ...
Urban Outfitters Plans 880,000-SF Distribution Center in Kansas City
Urban Outfitters is planning to develop an 880,000-square-foot distribution center near downtown Kansas City, Kan. The facility will be constructed on land owned by the Kansas Speedway, next to the racetrack at 400 Speedway Blvd. Development will begin in the ...
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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.
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