Mixed-Use

HARWOOD TO DEVELOP MIXED-USE VILLAGE IN DALLAS DESIGN DISTRICT

by admin February 4, 2013

DALLAS — Dallas-based Harwood International, a global real estate developer and investor, plans to break ground on District 1444: The Design Village, a mixed-use village located at the southeast corner of Dragon Street and Oak Lawn Avenue in the Dallas Design District. District 1444 will feature 224 apartment units, a rooftop junior Olympic pool with cabanas, views of the Dallas skyline, a fitness center, fire pits, game room, gardens and more than 46,000 square feet of retail space. An architectural team led by Laura Lleal and Ben Cortez of Harwood Design Factory LLC is designing the property. Harwood has signed three of the five restaurant spaces to lease deals and will break ground on the development in the spring. The Dallas Design District began as a post World War II collection of warehouses and has since transformed into a mixed-use residential district.

February 4, 2013

MASSEY KNAKAL ARRANGES $1.3M SALE OF NEW JERSEY MIXED-USE PROPERTY

by admin February 1, 2013

NEW YORK CITY — A mixed-use building at 46 South Park Place, located between Dumont Place and South Street in Morristown, has sold for $1.3 million. The 5,450-square-foot building consists of two commercial units and two residential units. The property is located near the Morristown NJ Transit train station, as well as the local hospital and municipal buildings. Bob Knakal and Kobi Leifer of Massey Knakal represented both parties in the transaction.

February 1, 2013

Mixed-Use Western

MILANO LOFTS CHANGES HANDS IN DOWNTOWN LA

by admin January 31, 2013

LOS ANGELES — Milano Lofts, a 131,433-square-foot, mixed-use facility in Downtown Los Angeles, has sold to Equity Residential for an undisclosed sum. The Art Deco-style community is located at 609 S. Grand Ave. It contains 99 luxury residential units atop more than 6,000 square feet of ground-floor retail space. The space is occupied by Industriel and Yorkshire Grill restaurants. Milano was fully occupied at the time of sale. Janet Neman and Bryan Glenn of Charles Dunn Company represented both the buyer and the seller, Grand Pacific Lofts, LP, in this off-market transaction.

January 31, 2013

Mixed-Use Western

MILANO LOFTS CHANGES HANDS IN DOWNTOWN LA

by admin January 31, 2013

January 31, 2013

Mixed-Use Southeast

STOREY PARK PARTNERSHIP NAMES TEAM FOR D.C. MIXED-USE

by admin January 30, 2013

WASHINGTON, D.C. — First Potomac Realty Trust, an owner of office and industrial properties in the Washington, D.C., area, and its development partner Perseus Realty LLC have named the development and leasing teams for Storey Park, a mixed-use project at 1005 First St. N.E. in Washington, D.C. The development is situated on a former Greyhound Bus Terminal and is being designed by HKS Architects. The broker teams contributing to the project are Doug Mueller and Evan Behr of Jones Lang LaSalle, Lisa Stoddard and Kristen Braun of CBRE, and Joe Delogu, David Alperstein and Eugene Smith of FD Stonewater. The project will include 65,000 square feet of retail space including restaurants, shops and boutique retailers. Storey Park will be situated in the heart of the NoMa district and will provide access to Union Station, Capitol Hill, the East End and downtown Washington, D.C.

January 30, 2013

Midwest Mixed-Use

THE MOD SELLS FOR $20.1M IN CHICAGO'S WEST LOOP

by admin January 30, 2013

CHICAGO — Essex Realty Group has arranged the $20.1 million sale of The Mod, a newly constructed, mixed-use property in Chicago's West Loop neighborhood. The building, located at 1222 W. Madison St., includes 58 residential units, 4,707 square feet of retail space and 58 parking spaces. The location offers easy access to Chicago's CBD, The Kennedy Expressway and Eisenhower Expressway. Doug Imber, Doug Fisher and Jason Fishleder of Essex represented both parties in the transaction.

January 30, 2013

Mixed-Use Northeast

BERKADIA ARRANGES $42M FOR N.J. MIXED-USE PROPERTY

by admin January 28, 2013

EDGEWATER, N.J. — One Main Street Edgewater LLC has secured a $41.5 million loan for a multifamily and retail property at 1 Main St. in Edgewater. The 12-month loan will be used to pay off an existing construction loan and will allow for partial recapture of the borrower's equity. The 132,000-square-foot property, the second phase of a development of 495 residences and 100,000 square feet of retail, consists of two buildings containing 110 apartments and approximately 16,000 square feet of retail space. Construction is set to be completed in February. John DiCrocco of Berkadia Commercial Mortgage LLC arranged the loan.

January 28, 2013

Mixed-Use Northeast

GALE ACQUIRES DEVELOPMENT SITE IN FLATIRON

by admin January 28, 2013

NEW YORK CITY — Gale International has acquired a development site at 19-25 W. 20th St., between Fifth and Sixth avenues, for $9.7 million. The Landmarks Preservation Commission has approved plans for a 15-story residential building and a three-story addition to the existing parking garage. The project will include 19 apartments. Bob Knakal and John Ciraulo of Massey Knakal represented both parties in the transaction.

January 28, 2013

Midwest Mixed-Use

AUCTION TO BE HELD FOR FORMER MOTOROLA CORPORATE CAMPUS, MORE

by admin January 22, 2013

CHICAGO — Chicago-based Auctions by ATG will host a commercial real estate auction that will feature Arlington Ridge, a former Motorola corporate campus in Arlington Heights, about 25 miles northwest of Chicago. The eight-building, single-story office park is located parallel to Route 53 and south of Dundee Road. Other auction offerings include mixed-use, retail, multifamily and flex buildings as well as development sites and vacant land. Seven of the 22 properties currently offered are bank owned. Buyers can bid live or online on these Chicago-area properties, most of which are being sold absolute. The auction starts at 9 a.m. Wednesday, Feb. 13, at 1 S. Wacker Drive, 24th floor in downtown Chicago. Persons interested in participating should visit auctionsbyatg.com to register.

January 22, 2013

Mixed-Use Western

RIVERSCAPE DEVELOPMENT PARCEL CHANGES HANDS

by admin January 21, 2013

PORTLAND, ORE. – Lot 1 of RiverscapeDevelopment, a 1.5-acre parcel on Portland’s riverfront, has sold to Holt Distressed Property Fund for an undisclosed sum. The fund had previously purchased four additional lots in theRiverscapeDevelopment during summer 2011. The site is designated for residential mixed-use development.Charlie Kleier, Robert Black and Sierk Braam of NAI Norris, Beggs & Simpson represented both the buyer and the unnamed seller in this transaction.

January 21, 2013

Newer Posts

Older Posts

Upcoming Events

Aug
20