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JACKSONVILLE, FL—Commercial real estate services firm Franklin Street reports it has relocated its North Florida team to larger offices at 7751 Belfort Parkway, Suite 110 in Jacksonville.
BALTIMORE—Developer Patrick Turner's bid to hold onto property on the Westport waterfront in South Baltimore was dealt a blow on Tuesday by a federal bankruptcy judge.
WASHINGTON, DC—A host of dignitaries, including DC Mayor Vincent Gray, are expected to be on hand later today for the groundbreaking of the $1.5-billion The Wharf project.
COLUMBIA, MD—Howard Hughes Corp., the master developer of the massive Downtown Columbia development, is threatening to halt work on the project if the county forces the firm to transfer ownership of the Merriweather Post Pavilion earlier than planned.
KING OF PRUSSIA, PA—Beech Street Capital, a Capital One company based in Bethesda, MD, reports it has provided a $34-million, 10-year loan to refinance the Valley Forge Towers North high-rise apartment building here.
ALPHARETTA, GA—Phillips Edison-ARC Grocery Center REIT II, Inc. reports it has acquired the Bethany Village shopping center here anchored by a Publix grocery store.
MORRISVILLE, NC—The Triangle Commercial Association of Realtors reports it has selected the winners of its ninth annual Frontier Awards, which included the Realtor of the Year honor going to James Allaire of Cushman & Wakefield | Thalhimer.
NEW HYDE PARK, NY—Locally-based Kimco Realty Corp. reports it has closed on a new $1.75-billion unsecured revolving credit facility with commitments from 23 lending institutions.
BROOKLINE, MA—Boston Development Group., the Newtown, MA-based developer, has proposed another revised plan for the shuttered Cleveland Circle Cinema here.