Turnbridge Equities is pursuing permission from the City of Raleigh to build a 20-story tower and single-story retail building near Nash Square. The development will have 220 residential units, 20,984 square feet of retail space and a parking deck.
The Triangle Business Journal reports that plans show the 20-story building will have 160 one-bedroom units, 58 two-bedroom units and two three-bedroom units in 244,452 square feet of residential space. The ground floor will have 17,239 square feet of retail space split into four suites and two restaurant spaces. The 20th floor will have a rooftop swimming pool.
Turnbridge is also the developer behind the Highline Glenwood tower in Glenwood South that will rise 37 stories. The company also has plans to redevelop the Seaboard Train Station.
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...
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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...
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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...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
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