We're excited to announce the addition of Jenny Williams, AIA, LEED AP as Commercial Segment Leader. Jenny will be working across the Southeast, based out of our Midtown Atlanta studio. "Jenny’s diverse and extensive experience in larger real estate markets makes her an invaluable resource for developers new to Southeast commercial development, as well as for retail developers expanding into emerging markets,” says MPS' Scott Hinson. Learn more about Jenny here: https://lnkd.in/eTee2_vu Want to discuss the planning and design of your next commercial venture? https://lnkd.in/e8yF3y25 #southeastrealestatenews #southeastcommercialdevelopment #atlanta
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Construction in New Jersey isn’t what it used to be. In the commercial real estate sector — think strip malls, industrial warehousing, research and development, and?office space?— new projects aren’t getting built as much as they were just a couple of years ago.? To read the full article, head to:? https://lnkd.in/dF9yK-SY For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/ ?#realestatenews? #PREC? #realestate? #philadelphiarealestate? #CommercialRealEstate? #CRE? #RealEstateInvesting? #IndustrialProperty? #PropertyManagement? #InvestmentProperty? #CommercialProperty? #AssetManagement? #CommercialBrokerage? #PropertyInvestment? #PropertyPortfolio? #CREIndustry? #PropertyValues? #CommercialRealtor? #RealEstateMarket
New commercial real estate projects have slowed in NJ thanks to high borrowing rates
northjersey.com
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EG Funds historic Mungo Scott Building sold $23.8m to private investors - Knight Frank Australia & GPS EG’s Mungo Scott Building situated within the award-winning Flour Mill of Summer Hill precinct, sold by Jonathan Vaughan, Anthony Pirrottina, Demi Carigliano from Knight Frank, and Jason Wright, Chris Bailey and Liz Assadourian from GJS Property brokered the on-market transaction. Sean Fleming Head of Capital Transactions at EG Funds, said, “Investors value high-quality commercial buildings, even outside of the Sydney CBD, and this transaction signals the appetite that continues to exist for unique heritage office space which has been successfully repositioned and attracts a diverse tenant base”. Originally constructed in 1922, the site underwent a major transformation through the site redevelopment and a repositioning of multiple heritage buildings and was completed in 2019. The urban project introduced apartments, townhouses, and retail spaces. The historical Mungo Scott Building, a six-storey building with the original signage, underwent a $10.5 million repositioning to office and retail space. Knight Frank’s Anthony Pirrottina said the Mungo Scott building was a timeless investment proposition with immediate and long-term upside. The historical site won the NSW AILA Architecture Awards for Urban Design and was a finalist in the UDIA NSW Excellence in Urban Renewal/Adaptive Reuse category. The property was purchased by a Sydney-based private investor. RETalk Asia James Patterson Sarah Clark Vanessa De Groot Jason Wright Gordon Fallance Angus Grier Paul R. Mark Litwin James Masselos Grant Bulpett Rajandeep Kaur Alex Guilfoyle The ASEAN Developer Stephen Rich Roger Parker Trish Beerens Edward Hillier Daniel Francis Adrian Lee Gemma Moulang Grant Flannigan Sharon Chang Adam Geha Michael Easson #egfunds #knightfrank #sydneyre #sydneyrealestate #sydneypropertymarket #realestateinvesting #realestateagent #realestateinvestor #propertyinvestment #propertyindustry
EG’s historic Mungo Scott Building sold $23.8m to private investors - Knight Frank & GPS?
commo.com.au
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?? Big News! United Group has once again been crowned Albany's #1 Commercial Real Estate Developer by Albany Business Review!?Dive into the latest article featuring a Q&A with our President & CEO, Michael Uccellini, for a glimpse into his insights on the future of the real estate and office markets in the Capital District.?
The region's largest commercial real estate property managers and developers - Albany Business Review
bizjournals.com
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Mayor Johnson is clearing 4 office-to-residential building conversions along LaSalle Street to move forward with official city review, bringing clarity to a key initiative to revitalize the Central Loop. These conversions would dramatically reshape Chicago's historic banking corridor, taking a 1.3 million square-foot bite out of LaSalle Street's 5 million sf of vacant office space. The projects at 208 S. LaSalle, 30 N. LaSalle, 111 W. Monroe, and 79 W. Monroe, in development since 2022, will collectively add nearly 1,100 residential units with 30% designated affordable for households earning roughly $53,000 a year. Presently there is almost no affordable housing in the Loop. Another positive is that both of the Monroe buildings will receive historic landmark protection. The projects are seeking a combined $150 million in public subsidy. And they will require City Council approval before becoming reality. The LaSalle Street Reimagined initiative also focuses on creating a lively and attractive streetscape befitting a mixed-use neighborhood while shoring up shops, restaurants, and cultural draws. At this morning's press conference, developer Quintin E. Primo III of Capri Investment Group noted that Google's reinvestment in the Thompson Center is the perfect catalyst to build on, and that great public policy like LaSalle Street Reimagined is also important. And Planning Commissioner Ciere Boatright confirmed that 135 S. LaSalle (the former Bank of America building) is still being considered as another possible conversion, which would bring another 430 units into the mix. This is precisely the type of policy approach harnessing innovative design and development that we'll be exploring in our expansive new exhibit, LOOP as LAB: Reshaping Downtowns, opening April 27. Chicago Department of Planning and Development Chicago Loop Alliance The Prime Group, Inc Golub & Company Campari Group #TheEmergingDowntown #Renew #AdaptiveReuse #LoopAsLab #LaSalleStreetReimagined ?? : Terence Faircloth
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Interesting article.
Mayor Johnson is clearing 4 office-to-residential building conversions along LaSalle Street to move forward with official city review, bringing clarity to a key initiative to revitalize the Central Loop. These conversions would dramatically reshape Chicago's historic banking corridor, taking a 1.3 million square-foot bite out of LaSalle Street's 5 million sf of vacant office space. The projects at 208 S. LaSalle, 30 N. LaSalle, 111 W. Monroe, and 79 W. Monroe, in development since 2022, will collectively add nearly 1,100 residential units with 30% designated affordable for households earning roughly $53,000 a year. Presently there is almost no affordable housing in the Loop. Another positive is that both of the Monroe buildings will receive historic landmark protection. The projects are seeking a combined $150 million in public subsidy. And they will require City Council approval before becoming reality. The LaSalle Street Reimagined initiative also focuses on creating a lively and attractive streetscape befitting a mixed-use neighborhood while shoring up shops, restaurants, and cultural draws. At this morning's press conference, developer Quintin E. Primo III of Capri Investment Group noted that Google's reinvestment in the Thompson Center is the perfect catalyst to build on, and that great public policy like LaSalle Street Reimagined is also important. And Planning Commissioner Ciere Boatright confirmed that 135 S. LaSalle (the former Bank of America building) is still being considered as another possible conversion, which would bring another 430 units into the mix. This is precisely the type of policy approach harnessing innovative design and development that we'll be exploring in our expansive new exhibit, LOOP as LAB: Reshaping Downtowns, opening April 27. Chicago Department of Planning and Development Chicago Loop Alliance The Prime Group, Inc Golub & Company Campari Group #TheEmergingDowntown #Renew #AdaptiveReuse #LoopAsLab #LaSalleStreetReimagined ?? : Terence Faircloth
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A minimum offer of $7 million is sought for the corner property, which sits between two prominent development projects. To read the full article, head to:? https://lnkd.in/eFMQheFE For more Mid-Atlantic commercial real estate news, follow us on LinkedIn. To learn more about Philadelphia Real Estate Council visit https://precouncil.org/ ?#realestatenews? #PREC? #realestate? #philadelphiarealestate? #CommercialRealEstate? #CRE? #RealEstateInvesting? #IndustrialProperty? #PropertyManagement? #InvestmentProperty? #CommercialProperty? #AssetManagement? #CommercialBrokerage? #PropertyInvestment? #PropertyPortfolio? #CREIndustry? #PropertyValues? #CommercialRealtor? #RealEstateMarket
Center City office building for sale as redevelopment opportunity - Philadelphia Business Journal
bizjournals.com
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Florida's recent construction surge spans multifamily, office, healthcare, industrial, and retail sectors. Businesses are upgrading to higher-quality spaces, creating ample opportunities for investors and developers. With insights from experts like Colliers, investors can navigate any economic climate and tap into diverse markets. Recent legislation highlights the need for affordable housing, supporting continued growth. Florida's evolving landscape offers exciting possibilities—explore and capitalize on the growth! #Colliers #AccelerateFlorida #AccelerateSuccess
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EQT Exeter Picks up Duluth Flex Park, EQT Exeter paid $36.25 million ($125/square foot) for an office/industrial portfolio within Satellite Place at Commerce Ave in Duluth, Georgia. The portfolio, spanning 289,921 square feet, is a collection of four flex industrial /R&D/office buildings. The offering comprises three industrial buildings at 2405, 2425 and 2450 and one single-story office building at 2400. The assets traded from Satellite Place Property, LLC and Satellite Commercial Property, LLC, to ?EQT Exeter. Newmark’s?Casey Keitchen?brokered the deal on behalf of the sellers, “The new ownership plans to convert the asset to a higher industrial finish ratio over time.” EQT Exeter says it offers modern, […] Gillian Executive Search recruiters in construction management, real estate development, architecture
EQT Exeter Picks up Duluth Flex Park,
https://www.gessearch.com
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Prime Collingwood site for sale - Cushman & Wakefield Cushman & Wakefield experts?Daniel Wolman, Raphael Favas, Hamish Burgess and Leon Ma have been appointed to market?53-57 Cambridge Street, Collingwood for sale. Following a well publicised supply/demand imbalance for housing in one of Melbourne’s inner-city pockets is reaping the benefits as developer demand intensifies around the gentrified areas of Collingwood and Fitzroy and East Melbourne. Historically home to long standing rag traders and inner city warehouses,?the precinct is now having this landscape redefined with a string of high end residential, hotel, office and BTR developments filling the skyline. Daniel Wolman, Cushman & Wakefield’s International Director & Co-Head Investment Sales, VIC, commented?on the demand for property within the precinct “This area is undergoing significant growth and demand, bolstered by a number of highly successful developments across several asset classes including residential, office, hotel and living sectors. “The dynamic precinct has fostered the development of a number of differing uses?creating a vibrant and thriving inner-city precinct that is well activated and sought after.” Raphael Favas, Cushman and Wakefield’s Manager of Investment Sales added?“Given the expansive footprint, abundance of natural light from the triple street frontages and 10 on site car parks, we expect this opportunity to catch the attention of not just developers but active owner occupier mandates on our books too.” Read more on COMMO - https://lnkd.in/g7X4Yx66 Cushman & Wakefield Daniel Wolman Raphael Favas Hamish Burgess Leon Ma Ariel Lu Brittany Delahoy Cameron Zamora Jeff Ha Joe Kairouz Josh Andrade Kaylee Ke Marcus Neill Oliver Hay Valerie Tang #collingwoodinvestment #melbre #cushmanandwakefield #collingwoodopportunity #forsale #primelocation #melbre #melbournerealestate #cushwake
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EQT Exeter Picks up Duluth Flex Park, EQT Exeter paid $36.25 million ($125/square foot) for an office/industrial portfolio within Satellite Place at Commerce Ave in Duluth, Georgia. The portfolio, spanning 289,921 square feet, is a collection of four flex industrial /R&D/office buildings. The offering comprises three industrial buildings at 2405, 2425 and 2450 and one single-story office building at 2400. The assets traded from Satellite Place Property, LLC and Satellite Commercial Property, LLC, to ?EQT Exeter. Newmark’s?Casey Keitchen?brokered the deal on behalf of the sellers, “The new ownership plans to convert the asset to a higher industrial finish ratio over time.” EQT Exeter says it offers modern, […] Gillian Executive Search recruiters in construction management, real estate development, architecture
EQT Exeter Picks up Duluth Flex Park,
https://www.gessearch.com
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Senior Architect/ Regional Director at Passero Associates
6 天前Congrats Jenny!!