The burger spot's Palo Alto location is at the Stanford Shopping Center, 180 El Camino Real, suite 950, where the 2,491-square-foot space was previously a Wells Fargo bank adjacent to PF Chang's.
The site provides 1,500 feet of Katy Freeway visibility to 46,032 vehicles daily and is the first development in the 106.6-acre Pederson Distribution Park, situated between Brookline, Pederson and I-10.
The rapid growth in the metro has resulted in new retail, restaurants and entertainment options opening to serve the influx of new residents, fueling investor demand and opportunities in Fort Worth.
In an effort to absorb activity and expand its reach within Seattle and the US, Rider Levett Bucknall merged with Seattle-based cost estimating and construction management firm the Robinson Company.
The Senator was a mainstay of California political and social activity for more than 50 years before it was converted to an office building in 1982, and now Seagate Properties has purchased it for nearly $50 million.
The sale of Five Points represents a recurring trend of private equity capitalizing on stabilized secondary market retail centers at value-add pricing as institutional owners shift portfolios toward primary market core/core-plus assets.
American Landmark has acquired Emery Bay at Lakepointe, a 360-unit garden-style asset located in Lewisville, approximately 30 minutes north of Dallas, and the loan amount was $36.59 million.
Maximizing opportunities for affordable housing near transit lines is essential in Seattle and sites such as The Maddux are hard to come by, all of which would not have been possible without the city's funding.