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Friday, May 1, 2009

Florida Atlantic University’s MacArthur Campus in Jupiter

Denver, Colorado - Our Triple Net Lease Properties news is from Jupiter, Florida and the complete opposite, Denver, Colorado. We found that a joint partnership (JV) of Weitz and DPR was responsible for building the 350,000 square-foot Scripps Florida campus. This commercial real estate development is adjacent to the Max Planck Florida site. Construction of this commercial real estate project is expected to begin next spring, and is scheduled for completion by fall 2011.

This Commercial Property will be situated in a growing area of Florida. Research at the Max Planck Florida Institute will focus on bioimaging. The institute plans to collaborate with Scripps Florida on health-oriented research applications.

The nonprofit German research group signed a deal to receive $188 million from the state and also Palm Beach County. They hope that it will boost Florida’s biotechnology industry and create jobs to stimulate the economy. The institute conducted a national search for firms to lead the construction of its facility.

Weitz is a national general contractor, design-builder and construction manager with 25 offices in the U.S. and Guam. Weitz also has South Florida offices in West Palm Beach (Palm Beach County) and Hollywood (Broward County). Also these areas can be options if you are looking for a 1031 Exchange replacement property.

DPR Construction is a national commercial general contractor with 15 offices around the country, including one that opened last year in West Palm Beach.

Now we go to Denver for their latest NNN Commercial Real Estate news. This is recent news regarding The Weitz Company is a commercial real estate development in Denver, Colorado. They are involved with the construction of the 385 Interlocken Office Building. This commercial property will be known as Central Park Tower. Central Park Tower owners are Franklin Street Properties (FSP) which is a commercial real estate investment trust. Also involved in this prominent commercial real estate property are project partners Prime West, a Denver based commercial real estate development company; Gensler, a global architecture, design, planning and consulting firm. The Weitz Company's involvement is as a national general contractor.

These commercial real estate developers broke ground on the newest addition to the Interlocken Business Park. Central Park Tower will be a highly desired address within this most prestigious business park in Colorado. This Investment Property, Central Park Tower will be the fourth building for the design, development and construction trio in the Broomfield area. This commercial real estate project will be 11 stories when completed and contain 305,000 square feet. One of the aspects that makes this new development standout is it will be the first to offer a gold LEED status. This Investment Property will also offer covered parking for Tenants, unparalleled on-site amenities, with spectacular mountain and golf course views.

NNN commercial real estate investing can be extremely rewarding, financially and personally, so if you are searching for your triple net lease properties, Search Net Lease Properties now.

If you need financing for Commercial Real Estate or Investment Property financing, you can apply for Commercial Loans at Loanrise.com.



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