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JACKSONVILLE, FL-Grandbridge Real Estate Capital has closed $4,150,000 in first mortgage loan for Azalea Plaza, a retail center measuring 28,081 square feet in Ponte Vedra Beach.
DALLAS-KBS Realty Advisors will spend $2 million to renovate two lobbies in Providence Towers, a Class A office property measuring 515,372 square feet at 5001 Spring Valley Road situated off the Dallas North Tollway.
SHANGHAI-Blackstone Group LP is marketing its 95% interest in a Shanghai mall to Hong Kong-listed New World Development Co. for CNY 1.46 billion ($228 million).
ORCHARD PARK, NY-The board of trustees of Erie Community College has approved a student-housing proposal submitted by the consortium of Regent Development Co., Matrix Development Co. and Sinatra & Co.
HIGH POINT, NC-Global Furniture USA, a wholesaler based in New Jersey, has inked a lease for 25,000 square feet of retail space at Furniture Plaza located at the forthcoming High Point Market.