Real Estate Blog

Cambrex has taken steps toward another expansion by buying up two buildings for $10.2 million.

Global asset management firm Kiddar Capital will relocate its headquarters within the city of Falls Church to a new mixed-use project it is co-developing with Insight Property Group, the company announced Monday.

Kiddar, currently headquartered in a 22,000-square-foot building at 100 N. Washington St., will take a majority of the 74,000-square-foot Class A office building to be developed on that same parcel. The latest renderings of the building show a large “Kiddar Capital” sign near the roof line.

“We…

Terminus has raised $20 million in venture capital and is reportedly valued at about $100 million. The company has leased 42,000 square feet — or two floors — and will be the largest tenant in Terminus 100.

The three-bedroom unit on the 42nd floor of The Residences Mandarin Oriental Atlanta sold on March 30 for about $800 a foot, according to Fulton County property records. It was one of the highest sales prices for an Atlanta condo in the first quarter.

A new 33-home subdivision is coming to West Chester, the Enquirer reports.

M/I Homes has received preliminary approval for a development on a 20-acre site on Tylersville Road east of Smith Road.

The subdivision known as Tylers Vista would include three- to four-bedroom homes ranging from 2,000 to 3,800 square feet with price tags from $450,000 to $550,000 on the site that now houses a single-family home and two buildings.

The site would feature a pond and sitting area along with sidewalks that…

U.S. mortgage rates were essentially unchanged this week, according to Freddie Mac.

The 30-year fixed mortgage averaged 4.42 percent for the week ending April 12, up slightly from 4.4 percent the previous week. A year ago, mortgage rates stood at 4.08 percent.

Low mortgage rates have helped drive U.S. home sales, along with the refinance market.

“Mortgage rates have been holding steady over the past two months,” said Len Kiefer, deputy chief economist at Freddie Mac. “The U.S. weekly average…

A Chanhassen home overlooking the Minnesota River is for sale for $2.2 million.

The house, which has a gated entrance, sits on 12.88 acres. It offers five bedrooms, six bathrooms, a spacious family room, four fireplaces, a game room and an indoor court where you can play basketball or other games.

Outside the home, you can also enjoy a pool, bonfire pit and grill.

It was built in 1992. Property taxes were $27,410 in 2017.

Melodee and Randy Brooks of Edina Realty have the full listing…

A home in DC Ranch area that was — at least for a few weeks — the highest-priced residence ever sold in Arizona was the top home sale listed in March.

The home, at 20450 N. 108th Place in Scottsdale, fetched $17.5 million from a group called Nummus Properties Ltd., which purchased the property from a group called Midwest Retreat LLC.

The 20,000-square-foot home in Silverleaf sits on 4 acres and is located on the sixth hole of the Silverleaf Golf Course.

It was built for recreation, with access…

While several local firms have recently built new buildings in Kansas City, A. Zahner Company and Geiger Ready-Mix have built buildings that not only accommodate growth, they also demonstrate the diverse capabilities of each company’s building products. Fogel-Anderson Construction Co. worked with both firms to turn their design visions into reality.

We interviewed Bill Zahner, CEO of A. Zahner Co., and Steve McDonald, president of Geiger, about their projects.

Q. What products and systems are…

Wangard Partners Inc. is proposing a new business park that could break ground this summer in Sussex, and already has been approached by about a dozen companies that need land for new buildings.