A new four-story, mixed-use development featuring apartments and a variety of shops, offices and restaurant space is planned for Downtown Arlington.
Under the agreement between the city of Arlington and Wolverine Interests, Wolverine would invest at least $60 million by 2029 to redevelop the 500 and 600 blocks of West Abram Street and the 400 and 500 blocks of West Main Street for the mixed-use project.
The future development is required to include:
In return for meeting performance requirements, the City would reimburse the developer up to $2,550,000 for eligible costs. The first item involves completing demolition of all existing structures and site remediation by Dec.15, 2026.
JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...
Learn more
The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...
Learn more
Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California