CRE p Tennessee
Making an impact: Buckingham Companies to bring apartments, retail and hotel to Vanderbilt University neighborhood

Making an impact: Buckingham Companies to bring apartments, retail and hotel to Vanderbilt University neighborhood

Indianapolis developer Buckingham Companies is set to make a major impact on the Vanderbilt University campus area in Nashville. The company will soon begin construction of a 600,000-square-foot mixed-use development that will bring 350 apartments, a 180-room hotel and 35,000 square feet of retail space to a two-acre site adjacent to the campus.

CRE p Tennessee
Urban Land Institute's Emerging Trends report: The future looks bright for commercial real estate

Urban Land Institute's Emerging Trends report: The future looks bright for commercial real estate

If the financial recovery was a baseball game, we’d be in inning four or five. That’s good, but it’s not as good as being in the bottom half of the ninth. That was a key message from the Emerging Trends in Real Estate presentation at the Urban Land Institute’s fall conference in Chicago today. Stephen Blank, senior resident and fellow for finance at the Urban Land Institute, used the baseball analogy to explain where the economy was headed in 2014. The recovery will continue, he said, but there’s still a lot of baseball to be played.

Retail p Tennessee
The hottest retail sector today? Dollar stores

The hottest retail sector today? Dollar stores

It seems like an ordinary retail transaction: Mid-America Real Estate Corporation's net lease investment group recently closed the sale of an 8,320-square-foot Family Dollar store in Indianapolis. But such sales are becoming a trend. Few sectors of the retail segment are as hot today as dollar stores. Not only are investors purchasing these businesses with increasing frequency, the three major players in the dollar industry are opening new stores across the country at a brisk clip.