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ATLANTA-The locally based developer bought the 95 acres from Cobb-Douglass Investors of Atlanta for what area brokers tell GlobeSt.com was about $80,000 per acre or $7.6 million.
ATLANTA-The Oak Brook, IL-based retail REIT paid $57.9 million for a total 372,490 sf leased at 100% in two properties and 95% in the third. The assets are the 247,521-sf Sycamore Commons near Charlotte; the 75,929-sf Wakefield Crossing in Raleigh; and the 49,040-sf Sexton Commons in Faqua Varina.
PHILADELPHIA-A conservation easement on the estate of the late Henry Francis du Pont is awarded to Chadds Ford, PA-based Brandywine Conservancy, preserving the land and adding to the conservancy's more than 37,000 protected acres in southeastern Pennsylvania and northern Delaware.
ATLANTA-The proposed multi-million-dollar expansion, more than 10 times the size of the existing Piedmont Triad Research Park in Downtown Winston-Salem, includes a research campus for Wake Forest University School of Medicine.
ATLANTA-The Miami-based division of Adler Group pays $104.17 per sf for the 12-year-old, 92%-occupied, 72,000-sf office property at 1455 Old Alabama Road. Rents are between $18 per sf and $20 per sf, according to GlobeSt.com research.
ATLANTA-The Boston-based investor acquired the 97,899-sf, Publix-anchored shopping center in affluent East Cobb County from San Francisco-based ABM Property for about $163 per sf.
ATLANTA-In a blow to locally based Jacoby Development's 140-acre Atlantic Station, the $200-million aquarium, touted as a major attraction for the redevelopment, will locate on nine acres at Coca-Cola's 21-acre Downtown property where a new World of Coca-Cola museum is planned.
PHILADELPHIA-The average vacancy rate for industrial properties in the four Pennsylvania counties surrounding Philadelphia remains stable at just under 10%, according to the second-quarter research from the local office of Trammell Crow. Southern Jersey's newer buildings pose strong competition.
PHILADELPHIA-The local insurance brokerage renews its lease and adds 6,049 sf at One Penn Square West, also known as The Graham Building. The average asking rate in Center City has dropped to $22.60 per sf.
PHILADELPHIA-This will be the first of three planned warehouse/distribution facilities for the New York City-based developer's $50-million, 172-acre Fairview Industrial Park in the Harrisburg, PA metro market. Hanover, PA-based Conewago Enterprises is the general contractor.
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.
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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.
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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.
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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