706-Bed Student Community Near Clemson University Opens

Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. Philadelphia-based Campus Apartments opened 114 Earle, a new pedestrian-to-campus mixed-use community serving Clemson University in Clemson, SC. The 706-bed property is one of the latest investments of the Campus-Clarion Student Housing Partners, LP Fund, and was completed in partnership

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Connell Foley Relocates NJ HQ

Connell Foley LLP opened a new 75,000-square-foot corporate HQ at 56 at Roseland in NJ. The 400,000-square-foot repositioned suburban office building is owned by joint venture partners Mountain Development Corp. (MDC) and Square Mile Capital. MDC’s Michael Seeve says, “Connell Foley’s decision to move its headquarters here after 30 years at its previous location in

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CommonGrounds Workspace Raises Another $40M for Expansion

San Diego-based CommonGrounds Workplace raised an additional $40 million from existing investors to expand its initial $100-million Series A funding round to support the company’s aggressive two-year growth initiatives. Existing CommonGrounds investors include Pacifica Enterprises, Inc., as well as The Davidson Group, and Mohamed Alabbar, founder and Chairman of Emaar, CommonGrounds’ Jacob Bates says, “CommonGrounds

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13-Acre Mequon (WI) MXU Proposal Considered

Shaffer Development LLC has submitted preliminary plans for a mixed-use development in Mequon, WI (a suburb of Milwaukee), that would offer 165 multifamily units and 19,600 square feet of commercial space. Operating under the name Mequon Town Center II, the 13-acre development is about one block north of the just-completed, mixed-use Mequon Town Center that

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Brennan, Arch Street Complete $100M Sale-Leaseback with BlueLinx

Chicago-based Brennan Investment Group, LLC, completed the $100-million purchase and simultaneous leaseback of four buildings to BlueLinx Corporation in a joint venture with a client of Greenwich, CT-based Arch Street Capital Advisors, LLC. The four-state portfolio totals more than 2.3 million square feet, and is geographically dispersed throughout several U.S. markets including Atlanta, Raleigh-Durham, NC, Washington, D.C. and Boston.

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JLL Income Property Trust Snags Seattle-Area MF for $82M

Connect Apartments is planned next month in Los Angeles. You can get more information and register to attend on this link. Chicago-based JLL Income Property Trust reportedly acquired Stonemeadow Farms, a 280-unit apartment community in the Seattle suburb of Bothell, WA, from AEW Capital Management for $81.8 million. Built in 1999, the property at 23028

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Harbor Group Pays $40M for 258-Unit Arcadia 4127

Harbor Group International LLC acquired the 258-unit Arcadia 4127 apartments in Phoenix. The Norfolk, VA-headquartered buyer paid $40.4 million to seller Arcadia 4127 Apts LLC, a company formed by Baron Properties LLC of Denver. The transaction ends the seller’s three-year hold on the complex. Steve Nicoluzakis and Dave Fogler of Cushman & Wakefield brokered the

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