Mixed-Use

Centennial American Properties to Break Ground on Next Phase of $200M Mixed-Use Project in Greenville

by Alex Tostado January 3, 2019

GREENVILLE, S.C. — Centennial American Properties (CAP), the developer of Camperdown, a four-acre, $200 million mixed-use development in downtown Greenville, is set to break ground on the project’s next phase. Falls Tower, the second office tower in the development, is scheduled to begin construction in the first quarter. The 15-story building will have 10 stories of office space, topped by five floors of for-sale condominiums. At full buildout, Camperdown will have more than 200,000 square feet of office space, 18 condos, an AC Hotel and 217 apartment residences. Construction on Camperdown is expected to be complete in 2020.

January 3, 2019

Development Mixed-Use Texas

Sam Moon Group Nears Completion of Metropark Square Mixed-Use Project in Metro Houston

by Taylor Williams January 3, 2019

SHENANDOAH, TEXAS — Dallas-based developer Sam Moon Group is nearing completion of Metropark Square, a 175,000-square-foot mixed-use project in Shenandoah, about 30 miles north of Houston. The development will feature a 10-screen AMC movie theater, Urban Air Adventure Park, outdoor event space, Dave & Buster’s, Hyatt House hotel and other retail and restaurant options. The movie theater will open in February and Urban Air will open in March. Houston-based NewQuest Properties will handle leasing of the other retail spaces.

January 3, 2019

Acquisitions Mixed-Use South Carolina Southeast

CapRocq Sells Retail, Multifamily Space in Downtown Greenville for $9.4M

by Alex Tostado December 21, 2018

GREENVILLE, S.C. — An affiliate of Arkansas-based CapRocq has sold 14,414 square feet of retail space and 22 multifamily units within the Wells Fargo Center in downtown Greenville for $9.4 million to an undisclosed buyer. The retail and multifamily space is situated on the second and third floors. The Wells Fargo Center is a mixed-use development leased to Charles Schwab, Sully’s Steamers, Sticky Fingers and Port City Java. The selling entity, CapRocq Greenville LLC, still owns the remainder of Wells Fargo Center. Scott Burgess and Lance Byars of Colliers International represented the seller in the transaction. Furthermore, Colliers retains the leasing and property management of the portion of the center still owned by CapRocq Greenville.

December 21, 2018

Development Mixed-Use Texas

KBH Ventures, KDW Unveil Plans for Katy Boardwalk District in Metro Houston

by Taylor Williams December 19, 2018

KATY, TEXAS — Developers KBH Ventures and Houston-based KDW have unveiled plans for Katy Boardwalk District, a mixed-use project on the western outskirts of Houston. The master development calls for a full-service conference center hotel with at least 300 rooms, a 319-unit residential community, 155,000 square feet of retail and restaurant space and 60,000 square feet of Class A office space. Construction of the hotel is expected to begin in fall 2019 while construction of the residential component is slated to begin in January and wrap by spring 2020. Construction of the retail phase is scheduled to begin in late 2019.

December 19, 2018

Development Mixed-Use Texas

Thakkar, CricRealty to Develop Cricket Stadium, 80-Acre Mixed-Use Project in Allen, Texas

by Taylor Williams December 19, 2018

ALLEN, TEXAS — Texas-based Thakkar Developers, in partnership with CricRealty Co., will develop a 15,000-seat cricket stadium and 80-acre mixed-use development in Allen, a northeastern suburb of Dallas. The project, which has been branded Allen Sports Village, will deliver 500,000 square feet of Class A office space, 1,000 residential units, 165,000 square feet of retail and restaurant space, an event center and two hotels. The stadium will also be used for other sporting events and concerts. Construction is expected to begin in 2019. The first phase, which includes the stadium, is slated for a 2021 completion.

December 19, 2018

Mixed-Use New York Northeast

NKF Brokers $282M Sale of Mixed-Use Building in Manhattan

by David Cohen December 18, 2018

NEW YORK CITY — NKF has brokered the sale of a 349,274-square-foot mixed-use building in the Bryant Park neighborhood of Manhattan for $282 million. Located at 114 W. 41st St., the 22-story property is currently 91 percent leased to 13 office tenants and several street-level restaurants. Office tenants include Roku, Quartet Health, View the Space (VTS), Kensington Publishing, SpotCo and the New York headquarters of Guess?. The property recently underwent nearly $30 million in capital investment, including a dual-entrance lobby and tenant-only amenity center. James Kuhn, Edward Maher, David Colen and James Tribble of NKF’s New York Capital Markets team represented the seller, Blackstone, in the transaction. The buyer was Clarion Partners.

December 18, 2018

Acquisitions Mixed-Use New York Northeast

Cushman & Wakefield Negotiates $6.1M Sale of Mixed-Use Property on Upper East Side

by David Cohen December 18, 2018

NEW YORK CITY — Cushman & Wakefield has negotiated the $6.1 million sale of a four-story mixed-use property on the Upper East Side of Manhattan. Located at 218 E. 61 St., the property includes two floors of commercial space as well as two floors of residential space. A periodontics practice currently occupies the commercial space. Will Conrad of Cushman & Wakefield, in partnership with Olshan Realty, represented the seller, Teri Betesh. The buyer was Justin Derfner of the Feil Organization.

December 18, 2018

Development Mixed-Use Texas

Centurion to Develop $116.5M Mixed-Use Project in Mesquite, Texas

by Taylor Williams December 18, 2018

MESQUITE, TEXAS — Centurion American Development Group will develop Iron Horse Village, a mixed-use project in the eastern Dallas suburb of Mesquite that is valued at more than $116.5 million. Iron Horse Village will consist of 336 single-family homes and a combined 130,000 square feet of restaurant, retail and office space. Construction is expected to begin in April or May of 2019.

December 18, 2018

Development Georgia Mixed-Use Southeast

Pope & Land Begins Construction of Mixed-Use Campus in Metro Atlanta

by Alex Tostado December 17, 2018

ALPHARETTA, GA. — Atlanta-based Pope & Land has begun construction on Northwinds Summit, an office-centric, mixed-use development in Alpharetta. Phase I will include 3000 Summit Place and 5000 Summit Place, two office buildings that will span 30,000 square feet and 150,000 square feet, respectively. Other components will include a 125-room hotel, 140 multifamily units, 32 condominiums and 15,000 square feet of restaurant and amenity space. Northwinds Summit will sit on 24.3 acres about 25 miles north of Atlanta and will include more than 1 million square feet of office space at full buildout. Alpharetta-based FiberLight is the project’s first tenant, signing a 16,124-square-foot lease at 3000 Summit Place, which is expected to be complete in third-quarter 2019. Russ Jobson and Bryce Metcalf of Colliers International’s Atlanta office represented FiberLight in the lease transaction. Cooper Carry is the architect, and Brasfield & Gorrie is the general contractor.

December 17, 2018

Acquisitions Development Mixed-Use North Carolina Southeast

PN Hoffman Buys Seaboard Station in Raleigh, Plans $250M Redevelopment

by Alex Tostado December 14, 2018

RALEIGH, N.C. — PN Hoffman has purchased Seaboard Station in the north end of downtown Raleigh from William Peace University (WPU) for $34 million. The Washington, D.C.-based developer plans to build a $250 million, 800,000-square-foot mixed-use development consisting of approximately 650 apartments, 150 hotel rooms and 135,000 square feet of retail space. The development sits on seven acres and will be built in three phases, though a timeline was not disclosed. TradeMark Properties represented WPU in the sale. The liberal arts college will remain an active voice in the future of Seaboard Station, according to PN Hoffman.

December 14, 2018

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