LOUISVILLE, CO-The Etkin Johnson Group, one of Denver's most aggressive developers, is prepping to deliver two office/flex buildings in the Colorado Technology Center, situated within a six-minute drive from Boulder and 15 minutes from Denver. The buildings have a combined value of more than $15 million.
ORLANDO-Chiodi Commercial Realty pays Bank of America $800,000 for prime vacant eight-acre parcel formerly housing a Ford dealership. The price equates to $100,000 per acre or $2.35 psf. The bank was asking $1.2 million or $150,000 per acre ($3.44 psf) when the asset was first marketed three years ago.
MORRISVILLE, NC-The 208-unit, 21-acre Crabtree Crossing Townhomes wins $9.2 million, fixed-rate permanent financing. The 112-unit, five-story Fairfield Inn is approved for a $5.8 million funding package.