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Hillwood, developer of the 26,000-acre master-planned AllianceTexas development, will build three speculative industrial buildings totaling almost 1.5 million square feet at Alliance Northport and Westport.
The Place at Houston Street is a class-B garden-style apartment asset which was acquired by Westmount Realty Capital, a transaction due in part to San Antonio's below-average unemployment rate.
The flexible office provider is now occupying close to 60,000 square feet, the full eighth floor of Columbia Property Trust's landmark office property.
The company which creates and operates active lifestyles facilities branches out to its second Brooklyn location, leasing more than 30,000 square feet at 87 Kent Ave.
The New York City metropolitan area remained the top market in the US with $28.7 billion in commercial/ multifamily construction starts, an increase of 10% after posting a 13% decline in 2017.
Gadsden Growth Properties Inc. acquired the mixed-use ground-up development that includes 158 residential apartment units and 53,900 square feet of retail space for a combination of cash and stock.
It is amazing to me that after such a long public process, and a big win, NYC may end up with nada, other than recognition of a city that can't get out of it's own way to promote growth.
The team will engage in a value-add strategy focused on identifying under-managed and under-capitalized assets and will seek to create value by improving management, performing incremental leasing and increasing rents via strategic capital improvements.