by Kipp Gillian | Oct 16, 2024 | Retail
Sares Regis Group of Northern California (SRGNC) and Hunter Partners joined the Sunnyvale community recently for the official grand opening of Cityline, a transit-oriented, mixed-use district in downtown Sunnyvale. In the works since 2015 and developed in two phases,...
by Kipp Gillian | Oct 16, 2024 | Retail
Walgreens Boots Alliance plans to close 1,200 stores during the next three years, with 500 closures set for next year. The pharmacy giant which is based in Deerfield, Illinois, said it would shutter roughly 14% of its U.S. locations and redeploy the majority of the...
by Kipp Gillian | Oct 16, 2024 | Industrial
Dermody Properties acquired 21 acres west of Louisville’s Airport submarket. The company will redevelop the property and build LogistiCenter at Airport West, a new 342,720-square-foot Class A logistics facility. The project will break ground in the fall and is...
by Kipp Gillian | Oct 16, 2024 | Industrial
Activity in the industrial markets has modestly picked up over the past six months, with an uptick beginning in Q2 and continuing through Q3, according to a recent report by Kidder Mathews. Inflation, which peaked at 10.1% in June 2022, has since dropped to 3.1% as of...
by Kipp Gillian | Oct 16, 2024 | Affordable Housing
MassDevelopment has issued $45 million in tax-exempt bonds on behalf of BC Leefort Terrace LLC, an affiliate of Beacon Communities, which will use proceeds to redevelop the circa-1958 Leefort Terrace housing development in Salem, MA. The tax-exempt bonds were...
