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RICHMOND, VA-The REIT paid Poplar and Enclave Housing Associates an average $66,221 per unit for the two adjacent multifamily communities totaling 524 units in suburban Kennesaw, GA, 20 miles northwest of Downtown Atlanta.
DAYTONA BEACH, FL-The Oak Brook, IL-based retail REIT bought the triple-net leased 22,255-sf property from Wilton Partners Daytona Ltd. for $3.84 million.
ORLANDO-Theater industry sources and area brokers speculate to GlobeSt.com that the Knoxville, TN-based movie theater chain's 103 screens at eight Central Florida locations could be reduced in number in a reorganization plan expected to be filed by year end with the federal Bankruptcy Court.
ORLANDO-Real estate investment trusts are gaining favor again, but liquidity could be a problem, depending on the amount of the investment. Two local property professionals offer their views to GlobeSt.com.
ORLANDO-The Houston REIT purchased the 41-year-old, 102,000-sf, fully leased Winter Park Commons Shopping Center in suburban Winter Park, FL for an undisclosed price. Area brokers tell GlobeSt.com the estimated price is $13 million or about $125 per sf, based on previous comparable sales.
TAMPA, FL-The national office and residential furniture/appliance manufacturer is leasing new quarters with an estimated $1 million lease at the 955,000-sf, 95%-occupied Tampa Distribution Center, owned by Metropolitan Life Insurance Co. in East Tampa, 80 miles west of Downtown Orlando.<p>
ORLANDO-The theme park quickly edited an animated video for the Amazing Adventures of Spider-Man ride. The removed material depicted the destruction of lower Manhattan by comic-book villains.
ATLANTA-The 60-year-old, locally based assessment firm won't be able to start evaluating damaged structures in New York until rescue workers complete their work in lower Manhattan.
ORLANDO-Northwestern Mutual Life Insurance Co. of America sells the 118,300-sf, 99%-leased 1133-20th St. NW building for an estimated $18 million or at least $150 per sf, area brokers tell GlobeSt.com on condition of anonymity.
ATLANTA-The New Haven, CT-based tire manufacturer is building a 400,000-sf, design-build complex in Rome, GA that will house the company's manufacturing, office and research facilities. Rome, 40 miles northwest of Downtown Atlanta, will be the firm's new North American headquarters.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource