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Going, Going…Inside the Last Residences at Lacovia in Grand Cayman
First established in the 1980s, Grand Cayman’s Lacovia is ready for its second act as a contemporary luxury residential development. Rebuilt by Bronte Development with the original owners…
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Commercial - Page 188
CTO Realty Grows Atlanta Footprint With $80M Buy
CTO Realty Growth’s retail portfolio encompasses 5.2 million square feet. Image courtesy of CTO Realty Growth CTO Realty Growth has purchased Ashley Park, a 559,000-square-foot retail center in Newnan, Ga., for $79.8 million. The previous owner was Apollo Global Management,…
Boston Tower Sells for $400M at Foreclosure Auction
An affiliate of the merchant bank BDT & MSD Partners, reportedly in partnership with developer and investor DivcoWest, has acquired the 1.1…
Forecasting In a Time of Uncertainty
Ryan Severino Periods of economic uncertainty can unsettle even the most experienced commercial real estate investors. And we’ve faced no shortage of…
Poag Development Buys Michigan Super Regional Mall
Poag Development Group has purchased RiverTown Crossings, an approximately 1.3 million-square-foot enclosed mall in Grandville, Mich. Brookfield Properties previously owned the main section…
Is Development Still Financeable? That Depends.
520 Fifth Ave., a 70-story mixed-use tower underway in New York City. Photo by Therese Fitzgerald Between high interest rates, rising construction…
Skanska Delivers $85M Metro DC Life Science Building
Skanska has successfully delivered the George Mason University Life Sciences and Engineering Building on the Prince William County Science and Technology Campus.…
Intercontinental, Kennedy Wilson Buy Central Valley Asset for $72M
Intercontinental Real Estate Corp., in joint venture with Kennedy Wilson, has acquired Stockton Commerce Center, a fully leased 655,976-square-foot warehouse and distribution…
Why Net Lease Buyers Have the Upper Hand
Randy Blankstein Cap rates in the single-tenant net lease sector increased for the ninth consecutive quarter within all three sectors in the second quarter of 2024. Single-tenant cap rates increased to 6.47 percent (+5 bps) for retail, 7.67 percent (+7…