News

"The fact that the City of Fort Worth put its own economic development funds into developing the mixed-use complex was an uncommon situation."

The four-story, 68,500 square-foot property is the largest facility for University Medicine, which operates nine other clinics throughout Rhode Island.

Preservation Partners added the 100% leased Headen House (136 units) and Huntington (204 units) Section 8 communities in St. Charles, MD to its portfolio.

Spec buildings are bringing in tenants as fast as developers can finish them.

A joint venture of Norwalk, CT-based Fuller Development and Spinnaker Real Estate Partners sold the 183-unit market rate apartment property to Friedkin, according to brokerage firm CBRE.

Institutional organizations, in particular, are increasingly investing in the Seattle area as the demand for last mile and centrally located properties pushes rents to record levels, such as the recently sold 3002 Lind Ave. SW.

Waypoint Residential is set to launch ground-up construction of 235 class A apartments.

The single user trend is likely to continue as McClellan Park breaks ground on McClellan Distribution Center to fill a void in the market for high clear-height buildings that can service e-commerce tenants.