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Shorenstein Properties Completes the Sale of the Bravo Building in Mueller Business District

The Bravo Building is a six-story, 248,000 square-foot office building located in the Mueller Business District, a vibrant mixed-use neighborhood in East Austin with an abundance of retail, housing, and outdoor green spaces. It was designed by Page Southerland Page and incorporates sustainable design...

Real Estate Owner & Operator Basis Industrial Closes On/Purchases Global Business Center, a Multi-Industrial Tenant Property in Orlando, for $19.5 Million

Purchase Represents Basis' Continuing Expansion into the Orlando Market; Located Next Door to Basis' Multi-Tenant Industrial Flex Space, the Former Orlando International Business CenterBOCA RATON, Fla., March 25, 2024 /PRNewswire/ -- Basis Industrial closed on/purchased the 96,810-square-foot Global Business Center, a multi-industrial tenant property located...

Billerud’s Idled Wisconsin Rapids Mill and Related Assets for Sale

WISCONSIN RAPIDS, Wis., March 25, 2024  /PRNewswire/ -- Investment group PCR Rapids 1, LLC (PCR) has reached terms with Billerud Americas Corporation (Billerud) for the purchase of the idled Wisconsin Rapids Mill and associated assets and soon will initiate a globally marketed effort to...

HILCO REAL ESTATE ANNOUNCES BANKRUPTCY SALE OF ANCHOR STORE IN PORTLAND, OREGON LLOYD CENTER

NORTHBROOK, Ill., March 25, 2024 /PRNewswire/ -- Hilco Real Estate, LLC, announces April 17, 2024 as the qualifying bid deadline for the Chapter 11 bankruptcy sale of this former Sears in Lloyd Center Mall in Portland, Oregon. The use agreement that transfers with the property...

Spark Spot Ignites Excitement with Land Acquisition for New EV Charging Station in Texas

DALLAS, March 27, 2024 /PRNewswire/ -- Spark Spot, a trailblazer in the electric vehicle (EV) charging industry, is proud to announce the acquisition of prime land for the development of a cutting-edge EV Charging Station in Carrollton, Texas. This strategic move marks a significant step...

Prairie Hill Acquires Rillito Crossing Marketplace for $27,525,000

The backdrop of negative sentiment in commercial real estate is creating some incredible opportunities, according to Matthew Sandretto, the Chief Investment Officer of Prairie Hill Holdings.  "Retail property fundamentals are fantastic, with historically low vacancy, and above trend rental growth. Bearish sentiment in commercial real...