23 stories on adaptive reuse in commercial real estate.
MetroNational has acquired M-K-T Heights, a 218,000-square-foot mixed-use adaptive reuse campus in Houston's Heights neighborhood, via a joint venture with Radom Capital and Triten Real Estate Partners.
LJC completes adaptive reuse of Chicago's century-old Loyal Casket Factory at 148 S. California Ave. as a performing arts hub for nonprofit BandWith Chicago.
Ytech secured a $25M construction loan from Banesco USA to restore and expand the 1926 Nolan House at 1548 Brickell Ave. into its new headquarters.
A penthouse atop a historic Mayfair building once used as Josiah Wedgwood's flagship showroom has listed for £10.5M, spotlighting London heritage adaptive reuse.
A newly listed penthouse in Stockholm's historic core is drawing attention for its high-end sustainable design, reflecting broader demand for eco-conscious luxury properties in prime European markets. For CRE professionals, the project highlights the increasing premium placed on green building certifications and adaptive reuse in densely built urban centers.
A duplex penthouse atop Embassy Works, a converted Victorian warehouse in London's Nine Elms, has listed for £7.45 million, underscoring adaptive reuse premiums.
A former Phi Kappa Pi fraternity building in Toronto has been converted into a luxury penthouse, spotlighting adaptive reuse trends in tight urban markets.
Bridge Industrial secured a $56.7M construction loan from Associated Bank to convert a 16-acre Doral office complex into 268,702 sq ft of modern warehouse space.
RXR and One Investment Management secured $475M from Apollo and JPMorgan to convert 61 Broadway into 796 residential units in Lower Manhattan.
Twin Group Associates has filed plans with NYC DOB to replace 16 Beaver Street's six-story office building with an 11-story, 50-unit residential building.
Los Angeles developers are converting underperforming retail into mixed-use communities, from Westminster Mall's 83-acre Bolsa Pacific to Warner Center affordable housing.