Mississippi
Super-Regional Center near Jackson, MS, Powers through $37M Sale
JLL Capital Markets has closed the $37-million sale of Market Street Flowood, a 263,852-square-foot super-regional power center with office space… Read more
Tampa Industrial Park’s $45M Sale Part of EastGroup’s $221M Pending Projects
Jackson, MS-based EastGroup Properties, Inc., is under contract to sell Jetport Commerce Park in Tampa, FL, an 11-building park totaling… Read more
RREAF Holdings LLC Acquires the TransCoastal 21 Multifamily Portfolio
Multifamily continues to show resilience amid the pandemic, and RREAF Holdings LLC capitalized on that resilience with the recent acquisition… Read more
MA’s Industrial Logistics Looks South, Buys Memphis Portfolio for $100M
Newton, MA-based Industrial Logistics Properties Trust, managed by The RMR Group, has purchased three industrial properties in the Memphis, TN,… Read more
Partnership Acquires Land, Begins Development of Lake Okhissa Site in MS
A public-private consortium has acquired 150 acres in Homochitto National Forest near Lake Okhissa in rural, sparsely populated Meadville, MS.… Read more
Time Equities Invests $23M in Strategy to Acquire “Essential” Grocery-Anchored Plazas in MD, Elsewhere
Time Equities, Inc., has acquired Harundale Plaza in Glen Burnie (near Silver Spring), MD, for $16.4 million. The 217,619 square-foot… Read more
USAA Donates Half-Million to American Red Cross for Ida Relief
The USAA Foundation Inc. recently made a $500,000 donation to Team Rubicon and American Red Cross to help families and… Read more
Fitch: Low-Wage Sectors Have the Steepest Uphill Climb
U.S. employment recovery from the pandemic is far from complete and largely unequal, with a new Fitch Ratings report illustrating how the… Read more
Whataburger Partners with Feeding America to Provide 2.5M Meals
Whataburger honors its legacy while giving back to local communities during Orange Spirit Week. This year in honor of its… Read more
Newmark Arranges Sale of Four-Property MF Portfolio in Mississippi
Newmark has arranged the sale of a four-property multifamily portfolio in Jackson, MS. The sales price was not disclosed. The… Read more
Fastest Labs Accelerates Development Efforts
With a heightened demand for services, Fastest Labs has accelerated development efforts with the goal of reaching 100 signed agreements… Read more
Newmark Brokers $17M Sale of Ole Miss Student Housing Community
Newmark has arranged the $16.5 million sale of Lafayette Place, a 366-bed student housing community in Oxford, MISS. Located at… Read more
Melinda McGrath to Lead Management Activities at GPI
Melinda McGrath recently joined Greenman-Pedersen Inc. (GPI) to lead the company’s engineering, design, planning, surveying and construction management activities in… Read more
Restaurant Segments Are Recovering from 2020, Some Faster Than Others
Few segments of commercial real estate were hit as hard by the pandemic as restaurants, with many closing their doors… Read more
WNC Closes Its Largest Institutional LIHTC Fund to Date
WNC, based in Irvine, CA, announced today it has closed WNC Institutional Tax Credit Fund 50 LP (WNC Fund 50). The fund… Read more
Gulf Relay Significantly Expands Dallas Footprint
A recent lease by Gulf Relay brings its total network in DFW to 460,000 square feet and its U.S. network… Read more
Southeast Distribution Portfolio Trades for $167M
JLL has arranged the $166.7 million sale of a distribution portfolio in Atlanta and Memphis totaling 2.2 million square feet.… Read more
Harrison St., Sanders Sell $213M Healthcare Portfolio
Chicago-based Harrison Street sold a portfolio of nine medical office buildings and inpatient rehabilitation facilities valued at $213 million to Lincoln… Read more
U.S. Jobless Claims Drop, California Reports Largest Increase
The U.S. Labor Department reported on Thursday that the number of Americans filing initial claims for unemployment insurance dropped to… Read more