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JLL Selected to Market Former Bayer Campus in Memphis
Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President.
Financings Spur Value-Add Investment for Birmingham Apartments
JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings.
Crescent Communities Starts Construction on Apartment Community in Atlanta’s Perimeter
Crescent Communities, has secured financing for an upscale for-rent multifamily community now under way in Atlanta’s booming Perimeter neighborhood. The community, Crescent Perimeter, will consist of 320 apartments units ranging from one to three bedrooms. Situated at 5755 Glenridge Road in Sandy Springs, Georgia, the contemporary community will be four and five stories surrounding a parking deck within the 26-acre Lakeside office park just north of I-285.
Demand for Multifamily Housing will Continue to Rise in 2014 and Beyond
WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- Strong demand for apartments will increase over the next several years, said panelists during a press conference at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Las Vegas. And while multifamily construction continues to be strong, NAHB does expect the speed to decrease as sustainable levels are reached in 2015 or 2016
LEE & ASSOCIATES TRANSACTS 54-UNIT MULTIFAMILY PORTFOLIO SALE
Torrance, CA - August 10, 2012 - (RealEstateRama) -- A portfolio of four multifamily properties in the Brentwood and West Los Angeles communities of Los Angeles has sold in separate transactions totaling more than $12 million, according to Mike Smith, ...
