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PASADENA, TX-The Tuckerman Group antes up capital for Embrey Partners' 248-unit Broadwater, the first new multifamily product in four years in the southeastern suburb. It's the third time that Tuckerman's invested in an Embrey development.
PHILADELPHIA-Regional offices of two subsidiaries of Bellevue, WA-based Paccar Inc., Paccar Financial Corp. and Peterbilt Motors Co. consolidate in 9,500 sf at Pennsylvania Business Center on Gibraltar Road in Horsham. One exits another Horsham facility; Peterbilt moves from Kulpsville, PA.
SAN MATEO, CA-The San Mateo Planning Commission is considering a new senior housing project, that will bring nearly 140,000-sf of residential space to the San Mateo area.
MAYS LANDING, NJ-The signings, led by a 12,000-sf Boater's World relocation and arranged by Metro Commercial Real Estate, come at AMC Delancy's Hamilton Shopping Center.
WASHINGTON, DC-It has been a long time coming--about seven decades--but the Kennedy-Warren Apartment Building is on the road to completion via a $46-million development project. While it is virtually undetectable, the structure was left at two-thirds completion owing to ramifications of the Great Depression.
ORLANDO-The 1,000-acre oceanfront resort community, 60 miles north of Downtown Orlando, sold 214 lots for $55.1 million and 85 condos for $30.4 million. Developer Ginn Real Estate Co. also logged $11.4 million in lot and condo resales.
ORLANDO-Mountain Funding LLC of Charlotte is providing Bay Communities of Lynnfield, MA with a 12-month loan on the planned $66 million, 190-unit Surf Club III condominium community in Palm Coast, FL.
HOUSTON-In light of recent announcements surrounding the discontinuation of operations at PM Realty Advisors, CEO of the non-affiliated PM Realty Group clarifies his company's continued dedication to the real estate industry.
PHOENIX-Alliance Bank of Arizona signs a 10-year lease for 9,000 sf while Layton Southwest lines up 8,000 sf in a five-year commitment for an Arizona headquarters site. The double signing is valued at $3.4 million.
DALLAS-Veterans Barry Davidson and Meg Conine split after 13 years. She gets the development arm and he takes the reins for investment sales. The new name on the door is Davidson Realty Advisors, which remains in the Occidental Tower office.