Kane Realty Corporation announced two proposed mixed-use developments in Cary: Flatiron, a seven-story apartment and retail building on Chatham Street in Cary’s West End, and 7001 Weston, a redevelopment of an aging office building into a five-story apartment community with ground-floor retail. Together, the two projects would add up to 488 new homes with retail.
Flatiron is a proposed seven-story, mixed-use building on approximately two acres at 602 W. Chatham Street and 523 Old Apex Road. The project will include 213 apartment homes above 5,659 square feet of restaurant and retail space, with structured parking.
Highwoods Properties and Kane Realty are collaborating to redevelop an office building site at 7001 Weston Parkway, a property that is obsolete in today’s office market. The plan calls for a five-story multifamily building with 275 apartment units at the corner of Weston Parkway and Norwell Boulevard, in nearly the exact footprint of the existing office building
The Roxborough Group, LLC has acquired Bidwell Park, a 246-unit apartment community in Fremont, for $109.4 million. The 95% occupied property at 39800 Fremont Blvd. represents Roxborough’s second multifamily acquisition in Northern California within Roxborough Fund III, L.P., a $518-million discretionary fund focused on opportunistic and value-add investments. “The acquisition of Bidwell Park aligns with...
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Higher-than-expected September inflation has been driving the CRE narrative of increased cost of capital, along with rising operating and construction expenses. The consumer price index rose 3.7% year-over-year in September, according to the U.S. Bureau of Labor Statistics, while the producer price index for final demand climbed 6.3% A recent Marcus & Millichap video said...
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Gilbane and Rocky Mountain Companies, along with University of Idaho, celebrated the ribbon cutting of Vandal Village, a graduate and family housing complex on U of I’s Moscow campus. Located at 1010 Deakin Ave, the 200,000-square-foot complex encompasses 240 units, offering two- to four-bedroom plans. Designed to meet a range of housing needs, the development...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
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