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With the recent purchases of Northpark VIII and Airpark West V along with the CLT Logistics development, the company's portfolio in the Charlotte metro area is now approaching 1 million square feet.
Xenia's predecessor Inland American Lodging Group, Inc., a wholly owned subsidiary of Inland American Real Estate Trust, Inc. acquired the 14-story Residence Inn by Marriott Denver City Center and adjoining 448-space parking garage for $80 million.in April 2013.
JBG Investment Fund IX, L.L.C. reports it has entered a 50/50 co-development partnership with Berwyn, PA-based LCOR for the Eckington Yards project located in Northeast Washington, DC.
Panelists at the recent RealShare Healthcare conference agree that new tech advances will create efficiency but will not take away from the real estate.
The healthcare industry has seen the most growth in Orange County over the last 15 years, but diversification has been the key to local economic growth.
“The purchaser believes strongly in the central New Jersey market for multi-tenanted office space and this building's close proximity to the Garden State Parkway and major metro areas made it very attractive,” says Kislak's Barry Waisbrod.
Transit-oriented development construction is only increasing, and with transit expansion, these developments will become the urban centers of Southern California.