Headlines on PNJ.com: This is the news from Wednesday, August 28 Old, abandoned state hospital in N. Palafox listed for $2 million, Santa Rosa explores interest in a water sports center and Four Winds Fine Foods remodels Looking to invest in a prime piece of Pensacola real estate near downtown? The old Escambia County Medical […]
3 minutes reading time Development proposal for former ammunition factory in Roxbury, NJ: Video A developer proposes to build storage areas as well as 110 housing units, ball courts and hiking trails on the site of the former munitions factory. William Westhoven and Miguel Fernandez, NorthJersey.com A former Sam’s Club warehouse in Mount Olive, currently […]
Last month, the Federal Reserve received the data it was looking for. Inflation cooled and unemployment rose – a sign that the labor market may be normalizing. The markets assume that the indicators will prompt the central bank to finally lower the key interest rate. The key question in the commercial real estate sector, however, […]
Motorists passing the intersection of Brent Lane and North Davis Highway may have noticed ongoing construction at the site of the former Checker’s fast food restaurant. The new building will be a “Take 5 Oil Change” under the Escambia County Development Review Committee (DRC) development ordinance. Take 5 Oil’s parent company, Driven Brands, is behind […]
Another apartment building hits the market in Chicago as transactions pick up pace. Local developers Anthony Rossi and Tom Moran have put their 332-unit building at East Lake 73 up for sale. Cook County records show the couple took out a $76 million construction loan in 2019 to build the 42-story tower, though they likely […]
TPG invested $1.2 billion in real estate in the second quarter, acquiring two Manhattan office buildings to convert into residential space. The company bought 222 Broadway for $150 million in partnership with Jeff Gural’s GFP Real Estate and acquired 101 Franklin Street for more than $100 million. Both properties suffered significant declines in value and […]
