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The campus for Jewish Living's 270,000 square feet comprises Frank Residences (113 assisted-living apartments and 77 memory care support suites) and a community center.
As the CRE business prepares to enter a new year, a number of new possibilities are emerging for investors looking to shift strategies and rebalance their portfolios.
Spokane offers opportunities for lower costs than most other markets in the region, which is part of the impetus for Rover.com's lease for nearly 30,000 square feet in the renovated Wonder Building.
Walnut Creek's central East Bay location, proximity to executive and labor force housing, abundance of retail, and lengthy Bay Area commutes will continue to put a premium on offices near transit stations.
Although downtown is somewhat of a late bloomer, Chatham sees the potential and acquired the 167-room Courtyard by Marriott for $49 million or approximately $293,000 per room earlier this month.
“What we found is that when you improve the comfort and well-being of the people in a building by designing a more dynamic building, they start to behave differently,” says Carmen Ferrigno, vice president of communications with Saint-Gobain.