News/Events
ASU Adding Hotel to its Main Street Entertainment District
Arizona State University is adding an upscale hotel in the heart of its Main Street entertainment district. Novus Innovation Corridor will be the site for a seven-story, 116,855-square-foot property that will be part of Marriott Bonvoy’s Tribute Portfolio. The hotel will feature 168 guest rooms, a rooftop pool and bar, and a 2,700-square-foot meeting space.…
Major Sparks Retail Center Trades for $103M
A 41-acre premier mixed-use retail and entertainment destination has traded hands in Sparks, Nevada. Legends at Sparks Marina traded for $103 million. Newmark’s Kyle Miller and Rob Ippolito represented the seller, BIG Shopping Centers USA and RED Development, in the transaction. The property was acquired by Alturas Capital Partners. Located at 1310 Scheels Drive, Legends…
Amwins Moving Ahead on 15-Story Charlotte Office Tower
Amwins Group plans to build a 15-story, 250,000-square-foot office tower at the former Sharon Station site on Sharon Road. The global insurance company asserts the building should cost $39 million. The new tower will feature nine office floors above six parking levels, along with a lobby and approximately 7,000 square feet of ground-floor retail space. The Charlotte…
Related Planning Apartments on Site at Fort Lauderdale Office Park
Related Group recently paid $9.3 million for a development site at a Fort Lauderdale office park at 6700 N. Andrews Ave. Naya USA was the seller. CPN West retained ownership of the 309,243-square-foot office building there. Last year, Related Group filed plans to develop the vacant portion of this site with apartments. The eight-story Manor Cypress Creek would…
ATC Sells 290-Unit Augusta Apartment Complex
Berkadia brokered the sale of MacArthur Park, a 290-unit, garden-style multifamily property in Augusta, Georgia. Christian DiCroce, Jim Sewell, Dave Lansbury, and Erika Maston of Berkadia Charleston led the transaction on behalf of ATC Development, the seller. MacArthur Park sold for $40.6 million and the sales price reflects a per-unit price of $140,000 or $168…
Colliers to Lead Retail Leasing for $1B Miramar Cove
Sunbeam Development Corporation, owner of the 125-acre Miramar Cove, has engaged Colliers to lead retail leasing for the mixed-use waterfront destination now under construction in Miramar, west of Miami and Fort Lauderdale. Miramar Cove broke ground in May 2026 and will deliver approximately 400,000 square feet of retail, dining, and entertainment space anchored by a…
Office Isn’t Just One Market. That’s Where the Investment Opportunity Lies
Five years after the pandemic changed where and how people work, office real estate is still one of the most debated corners of private real estate. Meanwhile, ongoing headlines continue their focus on empty buildings and declining valuations. But a recent write-up from Meketa suggested a more nuanced reality. Some office properties are achieving record…
Canadian Tariffs Could Deepen Multifamily Supply Crunch, Developer Says
On July 20, President Donald Trump signed three proclamations under Section 338 of the Tariff Act of 1930. The trade proclamations are scheduled to take effect on Aug. 19, 2026, and will impose a 50% tariff on certain goods entering the United States, including cement and plywood. Matt Long is a partner at Porter Kyle,…
With Data Centers Devouring Construction Materials, Mass Timber May Finally Have Its Moment
Mass timber sees growth as Big Tech and Congress expand use, driven by eco-friendly benefits and stable prices.
