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Chestnut Hill Village and Blossom Row are situated on 45 acres surrounding Market Square, an ACME grocery-anchored shopping center, and adjacent to the Wyndmoor SEPTA regional rail station.
The former Corrigan Tower was transformed from a midcentury office building to a 150-unit class-A multifamily building with ground-floor retail and a rooftop pool, now called 1900 Pacific Residences.
The deal reached between Related and the UBC and NYCDCC will be initially implemented on the 2.9-million-square-foot 50 Hudson Yards office tower project.
Colliers used Ten-X and its own proprietary investor database to market the property, resulting in 10 qualified, active bidders and the execution of 135 confidentiality agreements.
The United States will play an important role in the growth of crowdfunding, estimated to be approximately 30%, followed by Asia-Pacific, especially China, occupying more market share in the future.
The Chase Center is a 18,064-seat sports and entertainment arena set to open in fall 2019 in time for the first tip-off of the 2019-2020 NBA season, and will anchor an 11-acre mixed-use complex in Mission Bay.
In this EXCLUSIVE, CCIM's Conway discusses assessing communities' needs for reuse especially in areas with land scarcity in conjunction with his report, "Adaptive Reuse: Turning Blight into Bright".