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FORT LAUDERDALE, FL-The 14-story project, 200 Brickell, will feature more than 120,000 sf of office space and more than 16,000 sf of retail space. The groundbreaking is expected summer and completion is scheduled for a year later.
SAN DIEGO, CA-JPMorgan Fleming Asset Management acquires the Promenade Rio Vista multifamily asset on behalf of its pension fund clients. Located in the Mission Valley submarket, the development is a transit-oriented community located 15 minutes from Downtown.
ROSEVILLE, CA-With the first 55,000-sf building leased prior to completion, Shea Properties is gearing up to start construction early this spring on a second 55,000-sf building. The 36-acre, $120-million development will eventually hold 10 buildings totaling 600,000 sf.
DENVER-The principal of Urban Ventures predicts that the eight-story, 69-unit Monarch Mills will provide the most affordable condos yet in the Riverfront neighborhood of Central Platte Valley.
TACOMA, WA-Three local structures -- the Marcourt and Nash Sales Company buildings and the Crescent Apartments -- will be considered for local landmark status at next month's City Council meeting. Approval would make them eligible for a tax abatement program.
MIAMI-Schapiro Associates has formed an alliance with Houston-based PGAL, an architecture and engineering firm. The two plan to expand their markets by pursuing design commissions in the Southeast, the Caribbean, and Central and South America.
LOS ANGELES-Blue Real Estate of Beverly Hills acquires the 13-story art deco landmark in Downtown L.A., from the Hertz Investment Group for nearly $9 million.
PRESCOTT, AZ-Two California couples, both with 1031 Exchange capital, push the price $50,000 above the ask to get Cortez Circle, sitting on a hill overlooking a historic town square. The potential and 2.7 extra acres make the deal not the current NOI.