Student Housing: Gateway district eyed for North Pleasant
A mix of college housing and commercial and retail space could be developed providing a needed area for students to live and enhancing the town’s commercial tax base.
Read more →Transit: Westside projects ask for $98 million in subsidies
A second proposal for a dense, transit-oriented development on raw land between Executive Center and Sunland Park is on the table.
Read more →Healthcare: Christus begins construction of Westover Hills office building
Christus Santa Rosa Health Care and the Trammell Crow Co. will begin construction this week on its second free-standing medical office building in the Westover Hills area of San Antonio.
Read more →Senior Living: HHHunt gets OK to build $14 million assisted-living center
A Virginia developer has received the state’s OK for a $14 million assisted-living center in Greensboro and also plans a $1.5 million upgrade to its facility in Thomasville.
Read more →Student Housing: Education Realty Trust Selected to Develop New On-Campus Housing
Education Realty Trust Inc. announced that the Mansfield Auxiliary Corporation has selected Allen & O’Hara Development Co.to design and develop on-campus student housing.
Read more →Modular data centers: A fast, secretive option that’s spreading
When Australian firm WesTrac needed to expand its data center capacity quickly, the company bought the equivalent of a Band-Aid for its server needs: A containerized data center. The company, which supplies Caterpillar brand heavy-machinery to Australian customers and others, found itself with too little data center to meet the needs of its latest IT project.
Read more →Self Storage: Strategic Storage Trust Purchases Two Self Storage Facilities for $23 Million Located in Two Burgeoning Markets
In an all-cash transaction, Strategic Storage Trust, Inc. (SSTI) — a publicly registered non-traded REIT targeting the self storage market — recently acquired two facilities located in Fort Lee, N.J. and Weston, Fla. for a combined purchase price of approximately $23 million.
Read more →Healthcare: Medical building to sell for $10M
An acquisitive Arizona-based real estate investment trust has struck a deal to buy one of Mount Pleasant’s biggest medical office buildings for $10 million. Healthcare Trust of America Inc. said last week that it has entered into an agreement to purchase the Medical Center at East Cooper, a 60,800-square-foot office complex near Bowman and Von Kolnitz roads and East Cooper Regional Medical Center.
Read more →Morningstar Mini-Storage Opens Storage Facility in Charlotte, N.C.
Morningstar Mini-Storage opened a new four-story self-storage facility in February at the intersection of West Tyvola Road and South Tryon St. in Charlotte, N.C. The facility is located near Steele Creek, Charlotte-Douglas International Airport, as well as the new City Park mixed-use community, formerly the site of the Charlotte Coliseum.
Read more →Private Jet Charter Business Up, Says Air Partner
The past 18 months have dealt private aviation major fiscal blows and severe public scrutiny. But as the economy slowly begins to lick its wounds, the air charter industry is recovering faster than its counterparts, a result of the new surplus of jets in the market and the downsizing of ownership programs to more cost effective models.
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