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Real Estate News and Updates

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Denver vs. Charlotte: How the Super Bowl 50 cities match up (Slideshow)

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South Florida has many neighborhoods that were made popular on movies, music and social media, but not all of them are great places to live.

Niche.com crunched the numbers of multiple quality-of-life factors and came up with the Top 25 neighborhoods in South Florida to live.

Click the gallery to see the best neighborhoods in the tri-county area, according to Niche.com.

The website examined 15,000 towns and neighborhoods and compared crime stats, public schools, cost of living and job opportunities.…

It has sat empty for nearly seven years, but the wheels are turning on changes to an old Kmart building on South Monaco Parkway south of Evans Avenue.

The vacant former department store and the nearly 13 acres of mostly asphalt it sits on sold Wednesday for $10.5 million, according to a news release from Cushman & Wakefield, the real estate firm that brokered the long-awaited deal.

The transaction comes after the property’s owner, J & W Management Corp., stopped receiving rental payments on the 99-year lease deal with Kmart’s now-bankrupt parent company, Sears, according to the release.

The buyer, Forum Real Estate Group based in nearby Glendale, is eyeing the property, officially at 2150 S. Monaco Parkway, for more than 300 units of multi-family housing. Companion retail space could be part of the mix, according to Wednesday’s release.

Related ArticlesApril 19, 2017

Multifamily apartments to replace closed Kmart along West Alameda Avenue

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South Denver’s Ha..

Denver-based Amstar Group has sold the Travaasa Hana boutique hotel on Maui to the Los Angeles-based Mani Brothers Real Estate Group for an undisclosed price.

The sale of the 75-unit hotel, which has 75 private bungalows on 72 oceanfront acres of land in East Maui, closed on Thursday and adds to the West Hollywood-based company’s portfolio of boutique hotel properties.

“As we get to know the community of Hana and the team at the hotel, we will continue to offer the authentic, upscale Hawaiian…

Alexandria Real Estate Equities Inc. has picked up a 92,000-square-foot building in Stanford Research Park for $26 million or about $283 per square foot.

Pasadena-based Alexandria plans to overhaul the Palo Alto building to go from generic office to modern lab space. The building will house the company’s LaunchLabs concept that fosters early- and growth-stage life science companies.

“This is very much focused on the rapid launch and commercialization of new technology,” Stephen Richardson,…

The firm's diverse practice areas include planning/mixed-use, hospitality, themed entertainment, residential, retirement resorts, health care facilities, government/civic and higher education.

The City and County of Honolulu, the Trust for Public Land and two local organizations have closed on the purchase of a 9.5-acre parcel of land in Aina Haina from an entity owned by developer Jeff Stone that will be added to the larger Wailupe Nature Preserve.

The $4.1 million purchase price included $4.05 million from the city’s Clean Water and Natural Lands program and $50,000 in private funds from the Aina Haina community through the Trust for Public Land. The Aina Haina Community Association…

In visit to St. Louis this week, Alterra Worldwide CEO Mike Sarimsakci said he envisions the long-delayed project to include a restaurant and a startup incubator.

A Fluor-led joint venture company tasked with design and construction of the I-635 LBJ East Project in Dallas has leased more than 30,000 square feet of office space near the project site.

The JV composed of Irving-based multinational engineering and construction firm Fluor Corp. (NYSE: FLR) and Balfour Beatty Infrastructure Inc. leased just under 32,000 square feet at Northcreek Place II, which is at 12160-12170 N. Abrams Road of Dallas, a Fluor spokesman confirmed Friday afternoon.

Northcreek…

The company said its success has been built on understanding clients through listening and creating their vision to meet their needs.