Archive for June, 2010
Data Center: Development Flying High Again In New Era of Cloud Computing

Data Center: Development Flying High Again In New Era of Cloud Computing

Posted 06.29.2010 | Categories: Data Centers | 4 Comments

After a construction pause during the recession, big high-tech companies and wholesale data center providers are repositioning for growth in a new era of server virtualization.

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Healthcare: St. Vincent’s apartment building fetches $67M

Healthcare: St. Vincent’s apartment building fetches $67M

Posted 06.29.2010 | Categories: Medical Office/Healthcare | 1 Comment

Sixth Avenue property in Village with 178 units sold to an arm of Stonehenge Partners; bankruptcy court must approve the deal, the top bid of 23 received.

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Healthcare: Galvin’s third realty investment fund raises $165M

Posted 06.29.2010 | Categories: Medical Office/Healthcare | No Comments

The private equity firm co-founded in 2005 by former Motorola Inc. Chief Executive Christopher Galvin has completed the first closing on its third fund, which it plans to use to buy about $1.8 billion in real estate assets.

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Healthcare: HCP Prices Offering of 13.5 Million Shares

Healthcare: HCP Prices Offering of 13.5 Million Shares

Posted 06.29.2010 | Categories: Medical Office/Healthcare | No Comments

HCP announced the pricing of a public offering of 13.5 million shares of common stock at a price per share of $33.00.

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Healthcare: WakeMed plots $25M Brier Creek expansion

Healthcare: WakeMed plots $25M Brier Creek expansion

Posted 06.29.2010 | Categories: Medical Office/Healthcare | No Comments

WakeMed Health & Hospitals plans to break ground this year on two major construction projects – an emergency center in west Raleigh and a 100,000 sq ft MOB near its main campus on New Bern Avenue.

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Student Housing: ‘Modern’ ISU apartments to replace Cardinal Court

Student Housing: ‘Modern’ ISU apartments to replace Cardinal Court

Posted 06.29.2010 | Categories: Student Housing | No Comments

Illinois State University’s Cardinal Court apartments will be razed and replaced by fall 2012 with an 800-bed “modern” apartment complex for undergraduates.

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Senior Housing: Beaverton senior housing development takes shape

Senior Housing: Beaverton senior housing development takes shape

Posted 06.29.2010 | Categories: Senior Housing/Assisted Living | No Comments

The much talked about senior housing and health care development in Beaverton got a price tag this week: $20.2 million.

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Healthcare: Washington Real Estate Investment Trust Completes Sale of Four Rockville Properties for $23.4 Million

Posted 06.29.2010 | Categories: Medical Office/Healthcare | No Comments

Washington Real Estate Investment Trust (WRIT) has completed the sale of three office properties and one industrial property located on Parklawn Drive in Rockville, Maryland for $23.4 million.

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Student Housing: FGCU seeks to buy College Club Apartments for $17M

Posted 06.29.2010 | Categories: Uncategorized | No Comments

Florida Gulf Coast University is close to finalizing a purchase of an off-campus housing complex.

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Senior Housing: Developer’s plans set for senior community

Posted 06.29.2010 | Categories: Senior Housing/Assisted Living | No Comments

A developer will break ground soon on a massive senior community in Hendricks County.

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