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JEMB Realty Nears Completion of 500,000 SF 1 Willoughby Square Office Tower in Brooklyn

NEW YORK CITY — JEMB Realty is nearing completion of 1 Willoughby Square, a 500,000-square-foot office building in Brooklyn. The 34-story tower will feature underground parking and various outdoor amenity terraces and green spaces. FXCollaborative designed the project and will also be the anchor tenant upon completion, which is scheduled for the fourth quarter. The development team notes that the project represents the first ground-up office project in downtown Brooklyn in

Brass Cap Development Completes 40,000 SF SanTico Industrial Facility in Las Vegas

LAS VEGAS — Brass Cap Development has completed the construction of SanTico, an industrial property located at the intersection of South Rainbow Boulevard and West Sunset Road in southwest Las Vegas. Situated on 2.5 acres, SanTico features 40,000 square feet of mid-bay industrial space that is divisible to two 20,000-square-foot buildings. Each building features two dock-high doors, one grade-level loading door, 24-foot clear heights, an ESFR fire suppression system, 277/480 volt, 800 amp …

East End Capital to Build 12-Story Multifamily Project in Miami’s Wynwood District

MIAMI — East End Capital has received civic approval to build Foyer Wynwood, a 12-story multifamily project planned for Miami’s Wynwood neighborhood. The project marks the debut of the developer’s co-living brand Foyer, which will operate the co-living segment of the 375,000-square-foot development. The property will feature 236 multifamily residences in both micro-unit and co-living floor plans, as well as coworking space. The City of Miami’s Urban Development Review Board recently …

MIG Real Estate Buys Land Site in Metro Denver to Develop 114-Unit Clarkson Apartments

CHERRY HILLS VILLAGE, COLO. — MIG Real Estate has acquired a one-acre development site in Denver for construction of The Clarkson, a 114-unit multifamily community located in Cherry Hills Village, a suburb of Denver. A private seller sold the site for $3.4 million. Slated to break ground in 2021, The Clarkson will feature 23 studios, eight junior one-bedroom, 56 one-bedroom and 27 two-bedroom layouts. The property’s 2,600 square feet of amenities will include a roof deck, courtyard with …

CCF, Peak Campus Complete 555-Unit Multifamily Community in Boston’s Brighton Neighborhood

BOSTON — A partnership of Boston-based developer Cabot, Cabot & Forbes (CCF) and Georgia-based developer Peak Campus have completed The Overlook at St. Gabriel’s, a 555-unit multifamily community in the Brighton area of Boston. The luxury residential community is centered around the reimagined Church and St. Gabriel’s Monastery, which was originally built in 1909. The community consists of three residential buildings, more than 45,000 square feet of indoor and outdoor amenity space …

Goodman Group Completes 1.2 MSF Logistics Facility in El Monte, California

EL MONTE, CALIF. — Goodman Group has completed Goodman Logistics Center El Monte – Los Angeles East, a 1.2 million-square-foot logistics facility in El Monte. Located at 4300 Shirley Ave., the new facility offers 227,850 square feet to 935,657 square feet of space that is designed to support modern warehouses for the e-commerce industry and beyond. The logistics facility’s design offers flexibility to accommodate warehousing requirements for a variety of tenant needs. The property is …

Norris & Stevens Brokers $2.4M Sale of Land Site for Cedartree Hotel Development in Hillsboro, Oregon

HILLSBORO, ORE. — Norris & Stevens has arranged the sale of a 5.9-acre land site located at NE Wagon and NE Five Oaks drives in Hillsboro. Cedartree Hotels, a subsidiary of Kyoto, Japan-based Urban Hotel System, acquired the property for $2.4 million. The buyer plans to develop a 120-room hotel with a full-service restaurant, sake bar and traditional tatami flooring. Additionally, the hotel will feature a Japanese garden, heated indoor pool, outdoor stone bath and conference rooms. The …

Lowe, BCG Holdings, Q Factor Break Ground on $144M Post House Mixed-Use Project in Salt Lake City

SALT LAKE CITY — A partnership between Lowe Property Group, BCG Holdings and Q Factor has broken ground on Post House. The mixed-use, pedestrian-friendly development will be located in Salt Lake City’s downtown Post District. MVE + Partners designed Post House, which will feature five buildings offering a total of 580 residential units, 22,405 square feet of retail space and 86,000 square feet of private and public outdoor space. Completion of the 488,765-square-foot project is scheduled …

City Club Apartments Breaks Ground on Phase II of Chicago Apartment Property

CHICAGO — City Club Apartments (CCA) has broken ground on the second phase of MDA within downtown Chicago’s Loop. The first phase was a 23-story historic building dating back to 1927 that CCA redeveloped into apartments in 2006. Phase II will include the addition of a new seven-story building that will add 81 units to the existing 190 apartments and penthouses. A new rooftop sky park will include a heated outdoor pool, outdoor theater, grill stations, cabanas and lounge seating. The sixth …

Ashley Capital Begins Development of Third Building at Wisconsin’s Enterprise Business Park

STURTEVANT, WIS. — Ashley Capital has begun development of a 397,000-square-foot speculative industrial building at Enterprise Business Park in Sturtevant, located 27 miles south of Milwaukee. It is the third building to be constructed at the park, which will comprise over 1.3 million square feet of Class A industrial space upon completion. The new building is slated for completion in December. It will feature a clear height of 36 feet. John Sharpe and Tom Boyle of Lee & Associates and …

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