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ATLANTA-The Greenwich, CT-based firm is expanding its existing one-million-sf distribution center in Palmetto, GA with a 10-year lease at an estimated rent of $4 per sf. The contract is believed to be the largest industrial leasing deal done this year in Georgia, area brokers tell GlobeSt.com.
PHILADELPHIA-During four years of litigation, Vail, CO-based Booth Creek Holdings withdrew its offer of $88.5 million to purchase the Champion, PA-based Seven Springs Resort. Yesterday, the Pennsylvania Supreme Court
PHILADELPHIA-Under three different programs, the US Department of Housing and Urban Development grants $2.955 million to Wilkes-Barre, PA for homeless shelters, libraries, vocational rehab centers and office tenant recruitment efforts.
PHILADELPHIA-Plymouth Meeting, PA-based Kramont Realty Trust fills a vacated Acme Supermarket space in Doylestown, PA to Kohl's Department Store. The lease with the Menomonee Falls, WI-based retailer, which involves a 30,000-sf expansion of the retail center, brings occupancy to 100%.
PHILADELPHIA-A 1.59-million-sf distribution facility in Carlisle, PA is one of five regional properties in a newly created national distribution network formed by Aurora CO-based ProLogis and Greenwich, CT-based Unilever Home & Personal Care, North America. Owner ProLogis leases the properties.
ATLANTA-Area brokers familiar with the Downtown submarket tell GlobeSt.com on condition of anonymity the leases are for an estimated 10 years at quoted rents of $22 per sf with a combined estimated value of $50.6 million, making the deal among the largest to date in metro Atlanta.
PHILADELPHIA-The manufacturer/retailer of maternity apparel expands, moving some of its Downtown operation into a 70,318-sf existing structure on the 1,000-acre center under development by the Philadelphia Industrial Development Corp.
ATLANTA-With $135 million on hand, the Irving, TX-based REIT pays Lowe Enterprises of Los Angeles $69,712 per unit for the 18-year-old, 208-suit property six miles from Downtown Charlotte. FelCor plans to invest another $3.6 million to convert the hotel to its original Doubletree brand.
PHILADELPHIA-The oldest African-American-owned and developed shopping center in the US is slated for an upgrade and expansion. King of Prussia, PA-based Kravco's Downtown Works will handle the redevelopment.
ATLANTA-In preparation for a move to a leased 511,000-sf distribution center in Braselton, GA, locally based Haverty Furniture Companies sells its 204,040-sf property to Atlanta-based Hanover Acquisition Group for $4.4 million and leases it back through December.
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