MIAMI — Leveiv Boymelgreen Marquis Development has topped off Marquis, a 67-story, 675,908-square-foot tower in Miami’s Park West district, located at 1100 Biscayne Blvd. The project is composed of 306 luxury residences and Qulture Hotel & Spa operated by RockResorts. The building began construction in December 2005 and is expected to deliver in spring 2009.
MIAMI — Leveiv Boymelgreen Marquis Development has topped off Marquis, a 67-story, 675,908-square-foot tower in Miami’s Park West district, located at 1100 Biscayne Blvd. The project is composed of 306 luxury residences and Qulture Hotel & Spa operated by RockResorts. The building began construction in December 2005 and is expected to deliver in spring 2009.
EVANSTON, ILL. — Rosemont, Ill.-based McShane Construction Corp. has completed the design/build construction of 900 Chicago Avenue Condominiums, a seven-story, 77-unit condominium development at the corner of Chicago Avenue and Main Street in downtown Evanston. The development comprises one-, two- and three-bedroom units on floors three through seven. The residences range in size from 788 to 2,487 square feet and feature balconies, terraces and private storage areas. The lower level, first and second floors feature integrated parking, and the street level features 7,500 square feet of retail space. Additionally, the American Toby Jug Museum is located on the lower level, and British Collectibles occupies space on the first floor. The property, which is a development of Chicago-based Matthews Development Corp., is located within walking distance of Lake Michigan and downtown Evanston.
NEW YORK CITY — The Dermot Company and CASA Partners IV, LP, have acquired three apartment buildings on the Upper West Side in Manhattan, New York City. The adjacent buildings, which are located at 210, 220 and 230 W. 107th St. between Amsterdam Avenue and Broadway, contain a total of 180 units. Cushman & Wakefield Sonnenblick Goldman arranged the equity financing. CASA Partners IV is a fund sponsored by Henderson Global Investors, which formed the joint venture through its Manager of Partners program.
PORTLAND, ORE. — Redwood City, Calif.-based JB Matteson Inc. has acquired Harrison Tower Apartments, a 24-story, 185-unit property in downtown Portland, for $45 million. Portland Center Investors sold the recently converted 149,470-square-foot complex to the buyer fully renovated, vacant and with no condo sales contracts pending. The buyer will complete the final renovations, which include a leasing center, administrative offices, a cyber café, a fitness center and a swimming pool/spa area. PCCP provided acquisition financing.
PORTLAND, ORE. — Redwood City, Calif.-based JB Matteson Inc. has acquired Harrison Tower Apartments, a 24-story, 185-unit property in downtown Portland, for $45 million. Portland Center Investors sold the recently converted 149,470-square-foot complex to the buyer fully renovated, vacant and with no condo sales contracts pending. The buyer will complete the final renovations, which include a leasing center, administrative offices, a cyber café, a fitness center and a swimming pool/spa area. PCCP provided acquisition financing.
NEW ORLEANS — Lauricella Land Co. is developing Belle Rive, a 90-acre, 15-story condominium complex in New Orleans, located along the banks of the Mississippi River. The building will include a clubhouse featuring a pro shop, restaurant and bar and a fitness center. The property is adjacent to a par 70 golf course designed by Watermark Golf/Nathan Crace.
NEW ORLEANS — Lauricella Land Co. is developing Belle Rive, a 90-acre, 15-story condominium complex in New Orleans, located along the banks of the Mississippi River. The building will include a clubhouse featuring a pro shop, restaurant and bar and a fitness center. The property is adjacent to a par 70 golf course designed by Watermark Golf/Nathan Crace.
LAKE CHARLES, LA. — A Houston-based limited liability company has acquired Terrace 12 Apartments, a 1-acre, 25,041-square-foot complex in Lake Charles, for $1.3 million. The property is located at 155 East Pkwy., and was 98 percent occupied at the time of sale. William Hoffpauir and Thomas Pate of Marcus & Millichap’s Lafayette office represented the buyer.
LAKE CHARLES, LA. — A Houston-based limited liability company has acquired Terrace 12 Apartments, a 1-acre, 25,041-square-foot complex in Lake Charles, for $1.3 million. The property is located at 155 East Pkwy., and was 98 percent occupied at the time of sale. William Hoffpauir and Thomas Pate of Marcus & Millichap’s Lafayette office represented the buyer.