Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
Subject: Development/Construction (DEV)
Work Gets Underway on 1.02-Mln SF Industrial Property in Raymore, Mo.
REBusiness Online VanTrust Real Estate has broken ground for a 1.02 million square-foot industrial building at the Raymore Commerce Center in Raymore, Mo. The Kansas City, Mo., developer is building the property on a speculative basis at the southwest corner ...
Greystar to Build 450-Unit Apartment Property in Suburban Boston
Bldup Greystar Real Estate Partners is developing a 450-unit apartment property at 35 Garvey St. in the Boston suburb of Everett, Mass. The five-story building is about a mile from the 650-unit 85 Boston St. that Greystar already has underway. It ...
Developer Plans 96-Unit Apartment Property in East Brunswick, N.J.
Real Estate NJ AMS Acquisitions is planning a 96-unit apartment property at 377 Summerhill Road in East Brunswick, N.J. The New York developer recently acquired the seven-acre site from a venture of the Hampshire Cos. and Diversified Realty Advisors in ...
Venture Breaks Ground for 1.3Mln-SF Industrial Property in Maryland Heights, Mo.
St. Louis Business Journal A venture of PCCP LLC and TriStar Properties has broken ground for the Westport Commerce Center, a 1.3 million-square-foot industrial property in Maryland Heights, Mo. The six-building property is being built on a speculative basis in ...
Hilco Plans Massive Mixed-Use Project in Alexandria, Va.
Bisnow Hilco Redevelopment Partners has filed plans to construct a massive mixed-use project on the site of the former Potomac River Generating Station in Alexandria, Va. The development, at 1300 North Royal St., will have 2,000 apartment units, 390,000 square ...
Developer Proposes 520-Unit Apartment Property for Washington, D.C.
Bisnow WC Smith has filed plans to construct a 520-unit apartment property at 850 South Capitol St. SE in Washington, D.C. The Washington developer is under contract to acquire the site from CSX Transportation. The site sits near the intersection ...
Developer Plans 224-Unit Apartment Project for Hackensack, N.J.
Real Estate NJ McGowan Builders is planning a 224-unit apartment property in Hackensack, N.J. The project is being proposed for the site at 89, 93, 95 and 107-109 Anderson St. It currently houses vacant buildings that will be demolished. The ...
Blackstone Lends $500Mln Against Brooklyn, N.Y., Apartment Project
The Real Deal Blackstone Mortgage Trust has provided $500 million of financing for the construction of the 745-unit apartment property at 227 West St. in Brooklyn, N.Y. The debt is comprised of a $400 million mortgage and a $100 million ...
Metropolitan Bank Lends $19.5Mln for Construction of East Orange, N.J., Apartments
The Real Deal Hero Construction has lined up $19.5 million of construction financing from Metropolitan Bank for the 119-unit Modern apartment property in East Orange, N.J. The 18-month loan was arranged by Progress Capital. The five-story building, at 45 South ...
Development of 280,000-SF Industrial Property in Dayton, Ohio, Gets Underway
REJournals Pure Development has broken ground for a 280,000-square-foot industrial property at the Miami Valley Research Park in Dayton, Ohio. The Indianapolis developer is building the property for GE Aviation on a 53-acre site at 3155 Research Blvd., about seven ...
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