Crescent, Pearl Street Kick Off Apartments At One Bellevue Place
Multifamily's still hot in Nashville, but even hotter is multifamily as part of a larger master planned development. Those apartments have the built-in advantage of nearby amenities and heightened walkability.
Crescent Communities and Pearl Street Partners broke ground on Crescent Bellevue Place, a 337-unit garden-style apartment on the northeast parcel of One Bellevue Place, Crosland Southeast's master planned community on ground formerly held by the Bellevue Mall. Crescent SVP Ben Collins…
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Music Row Property Trades, Will Be Home To New Record Label
California businessman Matt Swanson acquired 1010 17th Ave S, a Music Row property that formerly housed Nashville music icon Buddy Killen's music ventures, including Killen Music Group. Matt owns an animal feed company among numerous businesses, and recently founded Riser…
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Consumer Focus On Value And Experience Is Reducing Store Size, Trimming Pricing And Injecting Fun
High-quality, value-priced merchandise is what consumers want, whether they buy online or from brick-and-mortar retailers, said Colliers International Los Angeles EVP for retail Chris Maling during an exclusive interview with Bisnow at the ICSC 2016 Western Conference. As a result, off-price, discount retailers offering high-quality brands are doing record sales, while the luxury market and department stores, especially those offering mediocre quality and service, are struggling, he said.
“This is why outlet malls are proliferating,” Chris said, noting there are six times as many outlet malls today as before the 2008 recession. “And they're not just in tourist destinations anymore, but are encroaching into urban areas, so people…
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HCA Eyes Vacant Metro-Owned Site For Expansion
A subsidiary of HCA plans to buy the 35.8-acre Old Due West Landfill site in Madison from the city, to facilitate the expansion of HCA's TriStar Skyline Medical Center. The site is vacant, and about 15 acres of it is…
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Though Deal Volume Is Declining, CRE Transactions In All Sectors Still Surpassed $100B In Q2
Transaction volume across the five asset classes within commercial real estate declined in Q2, continuing a downward trajectory. In a recent report, Ten-X said total deal volume for the five sectors reached $101.2B in Q2—a 12.7% decline compared to the year-ago quarter.
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WTC 2.0: Bisnow's Breakdown Of The New World Trade Center Complex
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