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Top REBusinessOnline News

Wood Partners Breaks Ground on Alta Bethpage in Durham, North Carolina
Real Estate · Durham

Wood Partners Breaks Ground on Alta Bethpage in Durham, North Carolina

100% Center coverage: 2 sources
Leading multifamily developer brings 336-unit attainable community to one of the fastest-growing cities in the state DURHAM, N.C., June 16, 2025 /PRNewswire/ -- National multifamily developer Wood Partners announced the official groundbreaking of Alta Bethpage in Durham, North Carolina. The 336-unit multifamily community is part of the company's attainable housing initiative offering upscale living at cost-effective rates. Alta Bethpage broke gr…See the Story
Morgan Stanley Real Estate Investing and The Scion Group to Acquire University of Mississippi Student Housing Portfolio for $262 Million
Oxford, Mississippi · Oxford

Morgan Stanley Real Estate Investing and The Scion Group to Acquire University of Mississippi Student Housing Portfolio for $262 Million

Coverage: 2 sources
NEW YORK--(BUSINESS WIRE)--Jun 17, 2025-See the Story
Sushi Restaurant Tora Expected to Open Location in EastVillage in Late 2025
Austin, Texas · Austin

Sushi Restaurant Tora Expected to Open Location in EastVillage in Late 2025

100% Center coverage: 1 sources
The restaurant will serve Aburi Sushi, seasonal omakase and more.See the Story

Henderson Land Sets Record for Central’s Largest Single Office Lease

New Central Harbourfront Site 3 Project Leases Over 70% of Phase 1 Office Premises HONG KONG SAR – Media OutReach Newswire – 18 June 2025 – Henderson Land Development Company Limited (“Henderson Land” or “The Group”) (Stock code 12) is delighted to announce that, through its subsidiary, it has entered into an Agreement for Lease with Jane Street, a quantitative trading firm and liquidity provider, as the first anchor tenant of the Group’s latest…Hong Kong City · Hong KongSee the Story

Friedman Properties Completes Renovations at Reid Murdoch Building in Downtown Chicago

CHICAGO — Friedman Properties has completed renovations at the Reid Murdoch Building in Chicago’s River North neighborhood. The improvements included the construction of a 5,600-square-foot amenity suite with a new lounge and fitness center. Housed on the fourth floor, the lounge features a café with complimentary coffee drinks, an audiovisual system, refrigeration and warming drawers for larger events and multiple seating configurations to acco…Chicago, IL · ChicagoSee the Story

DoveHill Invests in Redevelopment of Historic Boutique Hotel in Savannah

SAVANNAH, GA. — Fort Lauderdale, Fla.-based DoveHIll has placed a preferred equity investment for the redevelopment of a boutique hotel in Savannah’s Historic District. The project will deliver The Sabal House, a 64-room luxury hotel, in place of the former President’s Quarter Inn. The hotel is located on Oglethorpe Square and directly across from the Owens-Thomas House. In addition to upgraded and brand new hotel rooms, The Sabal House will fea…Savannah, Georgia · SavannahRead Article

Centerspace Acquires Sugarmont Apartments in Salt Lake City for $149M

SALT LAKE CITY — Centerspace (NYSE: CSR) has purchased Sugarmont Apartments, a Class A mid-rise multifamily property in Salt Lake City’s Sugar House neighborhood, from Cottonwood Communities for $149 million. Centerspace has retained Cottonwood as property manager for the asset, which is located at 2191 S. McClelland St. Built in 2021, Sugarmont Apartments features 341 units in a mix of studio, one-, two- and three-bedroom floor plans, along wit…Property · Salt Lake CityRead Article

MIG Real Estate Sells 163,311 SF Scottsdale Centre Medical Outpatient Building in Arizona

SCOTTSDALE, ARIZ. — MIG Real Estate has sold Scottsdale Centre, a medical outpatient building in Scottsdale, to an Arizona-based commercial real estate investment company for $44.6 million. Located at 7373 N. Scottsdale Blvd., the 163,311-square-foot Scottsdale Centre is 78 percent leased, of which 66 percent was medical and 34 percent was office tenancy. Current tenants include Palo Verde Cancer Specialists, Prosano Health and various other hea…Scottsdale, Arizona · ScottsdaleRead Article

Progressive Real Estate Brokers $5.7M Sale of Retail Property in Pomona, California

POMONA, CALIF. — Progressive Real Estate Partners has arranged the sale of a single-tenant, triple-net leased retail property located at 601 E. Holt Ave. in Pomona. A private Southern California-based investor sold the asset to a Los Angeles-based private developer and investor for $5.7 million. Brad Umansky and Lance Mordachini of Progressive Real Estate Partners represented the seller, while Alex Smith of Rosewood Realty Corp. represented the …Pomona, California · PomonaRead Article

Kraus-Anderson Breaks Ground on $18.4M Fire Station in Otsego, Minnesota

OTSEGO, MINN. — Kraus-Anderson has broken ground on a new $18.4 million fire and emergency service station for the City of Otsego, a northeast suburb of the Twin Cities. Operations at the two-story, 35,000-square-foot facility are set to begin on Jan. 1, 2027. Wold Architects and Engineers designed the project. The south side of the facility is designed for emergency response operations and will house six large apparatus bays for fire engines, a…Otsego · OtsegoRead Article

Greenstone Partners Brokers $5.4M Sale of Life Sciences Property in Lisle, Illinois

LISLE, ILL. — Greenstone Partners has brokered the $5.4 million sale of 2375 Cabot Drive, a 37,000-square-foot life sciences building in the Chicago suburb of Lisle. The headquarters property is fully leased to the Water Quality Association (WQA), a nonprofit trade organization that serves the residential, commercial and industrial water treatment industry. WQA signed a 12.5-year lease in 2020 that features annual rent escalations between 3 and …Lisle, Illinois · LisleRead Article

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