John Nelson
Editor, Southeast Real Estate Business and Texas Real Estate Business at REBusinessOnline
Editor at Southeast Real Estate Business
Articles
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5 days ago |
rebusinessonline.com | John Nelson
1STARKVILLE, MISS. — TSB Realty has brokered the sale of HELiX Starkville, an 802-bed student housing community located near the Mississippi State University (MSU) campus in Starkville. Columbus Pacific sold the property to a joint venture between Pumphouse Residential Group and WeldenField for an undisclosed price. SPM, an affiliate of PRG and WeldenField, will provide comprehensive property and construction management services for the community.
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5 days ago |
rebusinessonline.com | John Nelson
1LAKELAND, FLA. — Parkway has sold LCP 200, a 705,000-square-foot industrial building located within Lakeland Central Park. The buyer was not disclosed, but The Ledger reports that Ashley Furniture purchased the facility for $70.5 million. Jared Bonshire, David Perez, Taylor Zambito, Ryan Hubbard, Lisa Ross and Trey Carswell of Cushman & Wakefield represented Parkway in the transaction.
Lingerfelt, Davis Cos. Acquire 95-Acre Site in Richmond, Plan to Develop 7 Hills Distribution Center
5 days ago |
rebusinessonline.com | John Nelson
1RICHMOND, VA. — A joint venture between Lingerfelt and The Davis Cos. has acquired 95 acres in Richmond for the development of 7 Hills Distribution Center. Located south of Richmond International Airport, the warehouse and distribution space will span 820,800 square feet across four buildings at full build-out. Phase I of the project is expected to break ground in late summer 2025 and will include an extension of 7 Hills Blvd.
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5 days ago |
rebusinessonline.com | John Nelson
1NASHVILLE, TENN. — Concord Summit Capital has secured a $25 million bridge loan for Park Place Equinox, a hotel tower located within the 2.1-acre Park Place master-planned community in downtown Nashville. The loan will refinance an existing acquisition facility and provide pre-development funding for the project that will support final design and entitlement work.
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5 days ago |
rebusinessonline.com | John Nelson
1BREVARD, N.C. — UNC Health Pardee, a health system managed by UNC Health that operates hospitals and clinics in Western North Carolina, has broken ground on a 39,000-square-foot adaptive reuse project in downtown Brevard. The developers behind the project include Riddle Development LLC, Layr LL and Osprey Capital. The team acquired the property, a 1960s-era retail strip center, for $2.6 million.
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