Archive for September, 2009
Healthcare: New MOB to break ground on Nolensville

Healthcare: New MOB to break ground on Nolensville

Posted 09.16.2009 | Categories: Medical Office/Healthcare | No Comments

Plenty of preleasing at site that seeks to straddle Davidson, Williamson border
Southern Hills Medical Center will soon begin work on a 34,000-square-foot medical office building at Concord Road and Nolensville Pike, a collaboration with developer John Brewer.
The location was chosen as an effort to capitalize on populations in both Davidson and Williamson counties.
“We’re bringing physicians, [...]

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Senior Housing: Assisted-living facility proposed for Lakewood’s Best Western

Posted 09.16.2009 | Categories: Senior Housing/Assisted Living | No Comments

An informational meeting was held last week at the Best Western Lodge in Lakewood to hear plans from BAKA Enterprises in Appleton to convert the motel into a 20-unit assisted living facility.
Kathryn Tegen, president of BAKA, said the company hopes to open by Oct. 1.
The local Best Western ownership would continue to own the building, [...]

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Student Housing: New student housing complex sets the standard

Student Housing: New student housing complex sets the standard

Posted 09.16.2009 | Categories: Student Housing | No Comments

The College Suites at Plattsburgh should earn high grades for local student housing.
Christina Vanier is property manager for the Troy-based United Group of Companies. The enormous complex is expected to be completely finished by November, she said.  There will be 114 suites capable of housing 397 students in all. There will be 87 four-bedroom units [...]

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Film: Film-Makers Cheer New Film Studio in Portland

Film: Film-Makers Cheer New Film Studio in Portland

Posted 09.16.2009 | Categories: Media Production Infrastructure | No Comments

Maine’s largest film studio was officially opened today in Portland. The 43,000 square foot facility is the first of its scale in the state and has film industry professionals energized by the hope that it will provide a major boost to Maine’s creative economy.
As Gov. John Baldacci cut the ribbon – or to be more [...]

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Self Storage: Self-Storage Real Estate Challenges: Pricing, Debt and the Market

Self Storage: Self-Storage Real Estate Challenges: Pricing, Debt and the Market

Posted 09.16.2009 | Categories: Self Storage | No Comments

After reviewing the year’s financial reports from the self-storage real estate investment trusts (REITs) and hearing feedback from self-storage owners, I’ve concluded that the industry is doing pretty well in this Draconian economic climate. After the first quarter of 2009, most of the REITs were very close―or, in some cases, even a little ahead of [...]

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Film: Tax credit should keep cameras rolling in N.C.

Posted 09.16.2009 | Categories: Media Production Infrastructure | No Comments

RALEIGH — State film boosters said this week a more generous tax credit agreed to by Gov. Beverly Perdue should help return more lights, cameras and action to North Carolina with more movie and television deals — and ultimately more jobs.
In a ceremony at the old Capitol building, Perdue signed into law a bill approved [...]

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Corus Bank Is the Latest to Be Seized by Regulators

Posted 09.15.2009 | Categories: Uncategorized | No Comments

Federal regulators seized Chicago-based Corus Bank on Friday, bringing to 91 the total failures this year and marking one of the first banks to be undone by deteriorating construction and commercial real-estate loans during the downturn.
The branches and deposits of Corus will be assumed by MB Financial Inc., which has more than $8 billion in [...]

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Healthcare: Kaiser Permanente Renews Big Office Lease

Posted 09.14.2009 | Categories: Medical Office/Healthcare | No Comments

ATLANTA-Healthcare provider Kaiser Permanente has renewed its lease on 206,600 square feet in three office buildings at Piedmont Center in the Buckhead submarket. Jones Lang LaSalle handled the transaction but did not disclose additional details.
Kaiser Permanente has been a tenant at Piedmont Center since 1993 and will continue to occupy the business park’s Nine, Ten [...]

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Student Housing: Campus housing goes upscale with luxuries

Student Housing: Campus housing goes upscale with luxuries

Posted 09.14.2009 | Categories: Student Housing | No Comments

For today’s college students, dorm life can be like living in an upscale apartment or hotel:

ID cards double as room keys.
Large gathering spaces boast plush furnishings and modern decorations.
Hardwood floors and granite accents are common.
Environmentally friendly features are a plus.

The price of a dorm room is higher these days, but students are flocking [...]

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Healthcare: Plaza Cos. to manage 350,000SF for REIT

Posted 09.14.2009 | Categories: Medical Office/Healthcare | No Comments

Health Care Trust of America Inc., a real estate investment trust, has signed a deal for the Plaza Cos. to manage 350,000 square feet of office space in Arizona.
Earlier this year, the REIT moved its headquarters from California to Scottsdale, where it now employs 21 people. Executive Vice President Mark Engstrom said it changed its [...]

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