THE WOODLANDS, TEXAS — Next Level Urgent Care has leased 2,770 square feet of retail space at Augusta Woods Village in the northern Houston metro of The Woodlands. The new clinic is the company’s 12th location in the Houston area. Ryan Dierker and Tuan Nguyen of Newcor Commercial Real Estate represented Next Level Urgent Care in the lease negotiations. Joey Lumsden of Evergreen Commercial represented the landlord, Augusta Equities LLC.
PHILADELPHIA — Southern Land Co. is developing The Laurel, a $300 million mixed-use property located at 1911 Walnut St. in Philadelphia. Designed by Solomon Cordwell Buenz, the 565,000-square-foot tower will feature 54 condominiums and 241 long- and short-term residences with separate lobbies and entrances. Additionally, the 48-story tower will feature 24,000 square feet of retail space. Amenity space at the property will include indoor and outdoor pools, fitness clubs, a game room with demonstration kitchen/bar, a library and music room.
NEWARK, DEL. — The Chemours Co. is developing Chemours Discovery Hub, a 312,000-square-foot research facility located on the University of Delaware’s Science Technology and Advanced Research Campus in Newark. IMC Construction broke ground on the $150 million project in December 2017. Designed by L2 Patridge, the 15-acre project will consolidate laboratories and offices for approximately 330 scientists, engineers and researchers who will be relocated from Chemours’ New Castle County facilities. The new facility will include more than 100 labs, 50 specialty rooms, cafes, conference rooms and 20 huddle rooms for small group meetings. Project members include Tetra Tech, RDK and O’Donnell & Naccarato. Completion of the four-story building is slated for early 2020. Trammell Crow is representing the owner in the project.
NEW YORK CITY — Anbau, a Manhattan-based full-service real estate development firm, has purchased an as-of-right new construction development located at 620 W. 153rd St. in Manhattan’s Hamilton Heights neighborhood. Verizon sold the site for $22.5 million. The site consists of two two-story parking garages with more than 120,000 sellable square feet. Anbau will develop two luxury residential condominium buildings with a shared common landscaped courtyard and on-site parking on the site. Construction is slated to commence this spring. Goldman Sachs is providing pre-construction financing. Bob Knakal, Josh Kuriloff, Jonathan Hageman and Patrick Yannotta of Cushman & Wakefield represented the seller in the transaction.
EDISON, N.J. — Marcus & Millichap has arranged the sale of a retail property located in Edison. A private investor acquired the property for $1.2 million. Chase Bank occupies the 3,910-square-foot property on a net-leased basis. Alexander Pildes and Michael Lombardi of Marcus & Millichap represent the seller, a private investor, while Pildes, Lombardi and Greg Babaian, also of Marcus & Millichap, represented the buyer in the deal.
BETHLEHEM, PA. — Markward Group has brokered the sale of a retail building located at 1635 Broadway in Bethlehem. Noosh Inc. sold the property and liquor license to Mariam’s Restaurant LLC for an undisclosed price. The 4,051-square-foot property was formerly occupied by 6 Pack Shop. Chip Miers and Ann Kline of Markward Group represented the seller and buyer in the transaction.
OMAHA, NEB. — The Noddle Cos. has been selected to develop the new corporate headquarters for Kiewit Corp. in north downtown Omaha. The office building will range from 165,000 to 185,000 square feet. HDR designed the project, which also includes a parking garage for 650 cars. Construction costs are estimated at $76 million. The new headquarters for the construction and engineering organization will be situated across the street from Kiewit University. Construction is scheduled to begin in October and finish in 2020.
MINNEAPOLIS — University Partners has received a $49 million loan for the acquisition of Stadium View in Minneapolis near the University of Minnesota. The student housing property consists of 956 beds within 277 units. Located at 2508 Delaware St., the nine-story property features a mix of studio, one-, two-, three- and four-bedroom units that average 1,102 square feet. Amenities include a 24-hour concierge desk, private study rooms, tanning beds, game room, yoga studio and fitness center. Doug Opalka and Jules Sherwood of HFF originated the 10-year Freddie Mac loan.
SKOKIE, ILL. — American Landmark Properties has completed the lease-up of its Illinois Science + Technology Park (ISTP) in Skokie, a northern suburb of Chicago. Vetter Pharma International USA and Charles River Laboratories International recently signed lease expansions. Vetter now occupies a total of 49,000 square feet, and Charles River has expanded to 34,056 square feet. American Landmark acquired the 24-acre research, lab and office campus one year ago when it was 86 percent leased. The real estate investment group plans to redevelop an existing 130,000-square-foot building located within ISTP at 8030 Lamon Ave. Five other build-to-suit sites provide a total development capacity of an additional 1.3 million square feet, according to John Roeser, executive vice president of American Landmark. Scott Brandwein and David Saad of CBRE are the leasing agents for ISTP.
FARGO, N.D. — Dougherty Funding LLC has provided a $25.2 million loan for the refinancing of a five-property retail portfolio in both North Dakota and South Dakota. The unnamed properties total 222,945 square feet and are located in Fargo and Grand Forks, N.D., as well as Sioux Falls, S.D. Dougherty’s Minneapolis office served as lead lender and servicer for the loan. The borrower was not disclosed.