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The development, being built on 56.4 acres in the Southwest industrial market of Charlotte, will total 621,000 square feet and will involve four industrial buildings ranging in size from 58,000 square feet to 223,000 square feet.
The pipeline includes Standard Hotels first European property—The Standard, London, which is opening this spring in Kings Cross. The 266-room property is being developed at the historic Camden Town Annex across from St. Pancras Station.
Holliday Fenoglio Fowler, L.P. reports it arranged $20.30 million in financing for Tricera Capital's purchase of the 360,000-square-foot building at 2751 South Dixie Highway.
In an exclusive audio interview with GlobeSt.com, Michael Shover and Matthew Gorman, both senior vice presidents in the group, say “c-stores” and gas stations today are developers' first choice when acquiring strong locations, particularly at signalized traffic intersections.
In addition to its corporate headquarters at 5332 Avion Park Drive in Tampa, the firm also shut the doors at its other three locations—8888 E. Raintree Drive in Scottsdale, AZ; 450 N. New Ballas Road in the St. Louis suburb of Creve Coeur, MO and 644 Eden Park Drive in Cincinnati, OH.