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Tower 16 Capital Partners, a San Diego-based investor, has acquired the District at Grand Terrace in Colton for $63 million in an off-market transaction…
Like real estate investors, corporate occupiers also search for locations that have advanced innovation ecosystems in which to hire the best employees, according to JLL's latest report.
The mixed-use district will eventually span 24 acres along W. Dallas Street between historic College Memorial Park Cemetery and Waugh Drive, with phase two featuring a multifamily project and retail.
GlobeSt.com <b>EXCLUSIVELY</b> chats with Kenneth Lamy, founder, president and CEO of DataPoint International LLC, who says that a new paradigm and threshold moment are upon us.
According to the firm's Scott Holmes, SVP and national director of the retail group, a lot of investors are showing renewed interest in both single-tenant net lease and multi-tenant retail shopping centers.
“While the company continues to believe that an amicable resolution of Bow Street's expensive and disruptive proxy contest would be in the best interests of the company and its stockholders, in these circumstances, the company had no choice but to terminate settlement discussions with Bow Street,” Mack-Cali Realty states.