Wake Forest, NC Stiles has commenced construction on a 232-unit multifamily community at Grove Ninety-Eight, a mixed-use master planned development also featuring a 100,000 s/f Wegmans, an additional 80,000 s/f of walkable retail, and 395 “for sale” residential units. The project is located in the evolving North Raleigh submarket,
Philadelphia, PA BG Capital sold their cold-storage industrial facility to a real estate fund managed by Ares Management for an undisclosed price. The property located at 1801 N 5th St. is a 105,000 s/f, tri-
Sunny Isles Beach, FL RK Centers has acquired the Pineapple Commons, a regional power center with 256,000 s/f of open-air shopping located on US-1 at 2505 NW Federal Hwy. The purchase price was $48.5 million. The seller was Kimco Realty, represented by broker Dennis Carson of CBRE.
Murrieta, CA Lee & Associates, and the Lee Land Team, sold an entitled self-storage site on Murrieta Hot Springs Rd. and Date St. on 3.04 acres. Matt Weaver, Al Apuzzo and Alex Bentley represented the seller, MHS 98 LLC.
Philadelphia, PA Sanborn, Head & Associates, Inc. (Sanborn Head) has added Nisha Mohanan, PE as a project director in the firm’s Development Client Service Area. Mohanan will serve as a senior leader
West Palm Beach, FL Worth Avenue Capital, LLC (WAC) closed a $285,000 loan to a real estate investor in South Florida. The loan proceeds were used to purchase a condo on South Flagler Dr. The loan is secured by a blanket first mortgage on the condo unit that was purchased as well as a second mortgage on another property in
Shelbyville, IL Cleeman Realty Group negotiated the off-market sale of Johnstowne Mall. The 70,338 s/f shopping center was 74% occupied at the time of closing and featured a lineup of national tenants including Dollar Tree, O’Reilly Auto Parts and Ace Hardware.
Laplace, LA Cleeman Realty Group negotiated the off-market sale of a freestanding Winn Dixie Supermarket. The 62,297 s/f building is located at 1830 West Airline Hwy. on a 7 acre lot. Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented the buyer
Montreal, Canada Boston-based real estate investment firm The Broadway Company has sold 3639-3641 Sainte-Famille, a 51-unit apartment building in the heart of the McGill Student District in Montreal, Quebec, Canada. The sale price was $8.65 million CAD
Pinson, AL Cleeman Realty Group negotiated the off-market sale of a freestanding Winn Dixie Supermarket. The 56,504 s/f building is located
