Third & Urban and its capital partner, HighBrook Investors, have completed the assembly of 30 acres from four buyers, paving the way for the mixed-use redevelopment of Corporate Square. The project, now named Northbend has received rezoning as a Master-Planned Development, and Third & Urban is now finalizing partnerships on vertical construction for the initial phases of the $605 million mixed-use district.
Located in Brookhaven between Buford Highway and I-85, the assemblage comprises eight underutilized office buildings and was completed with the assistance of Patterson Real Estate Advisory Group. The existing office buildings will be demolished to allow for new infrastructure and improved road networks. Design plans are underway, with an expected groundbreaking in Summer 2026.
Northbend’s first phase will encompass 10,000 square feet of retail, 390 multifamily units, 23 rental townhomes, 119 for-sale townhomes, 140 corporate housing units and a 1-acre activated Public Plaza. The retail offerings will be food and beverage-oriented.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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