The property, which is situated at 942 Northeast First Avenue, will be home to the Legacy Hotel & Residences, a 50-story mixed-use tower with 274 branded residences atop a 256-room hotel.
Marketing materials for the second phase show that nearly 300,000 square feet at two of the future buildings is still available. The third, a 78,377-square-foot project, has been preleased.
Newmark’s Executive Managing Directors Steve Medwin and Nick Wigoda and Associate John Mejia represented the landlord, Panattoni Development, and the tenant in the transaction.
MedSquare Health, which comprises 116,000 square feet, opened in November 2020.
The tenant is a startup company that expects to create 90+ new jobs in the region over the next five years. CLICK ON THE HEADLINE FOR MORE
The new warehouse would total 114,021 square feet. CLICK ON THE HEADLINE FOR MORE
Marcus & Millichap’s Kirk D. Olson and Drew A. Kristol represented the seller, a Miami-based private investor. The buyer, also a Miami-based private investor, was procured by Gordon Messinger, with Cushman & Wakefield. CLICK ON THE HEADLINE FOR MORE
Here are the most popular news headlines this past week on CRE-sources.
The Center is being designed to serve the community resulting in breakthrough ideas, new technology, job creation, talent skills pipeline, company formation, and scaling of early-stage and young startup companies. CLICK ON THE HEADLINE FOR MORE
It opened its new office on the 10th, 11th and 12th floors at 700 NW First Ave. on Monday under a 10-year lease. CLICK ON THE HEADLINE FOR MORE