Industrial Trust Tower

  • Developers Weigh Options for “Superman Building” Makeover

    High Rock Westminster LLC, the owner of the 26-story Industrial Trust Tower in downtown Providence, has hired Cornish Associates to study conversion options and redevelop the property. The Providence Business News reports that Cornish has recently commissioned a feasibility study to determine whether a residential reuse of the city’s tallest building is physically and economically viable. David Sweetser, founder of High Rock Development LLC, told the newspaper that he is also considering the possibility of creating a mix of uses for the tower. The redevelopment project could also address the city’s strong demand for student housing.

    Northeast 10 February 2013 19:44

You May Also Like

  • Crowdfunding: A Developer’s Perspective

    Genton Property Group CEO Jonathan Genton analyzes the financing method's capacity to improve transparency and offer access to untapped investment opportunities.

    17 July 2018 20:16
  • Midtown Miami Hotel Lands $21M Construction Loan

    The 153-room hotel—expected to open in mid-2019—will be situated at the corner of Northeast 34st Street and Biscayne Boulevard, a few blocks away from the Shops at Midtown Miami.

    27 April 2018 15:48
  • Cushman & Wakefield Negotiates Chicago Lease for Publicis

    The new agreement includes a 50,000-square-foot expansion for the advertising company, whose office in the Central Loop now spans 681,545 square feet.

    26 April 2018 23:30
  • A New Approach to Net Lease REIT Valuation

    A net lease REIT's perceived performance is largely based on the value of its portfolio. Having a more efficient way to underwrite properties could make all the difference, notes David Sobelman, founder of net lease valuation firm Verum Properties.

    03 January 2018 08:00
  • Terreno Nabs 8 CA Industrial Buildings for $28M

    The 152,000-square-foot industrial property, containing both distribution and flex buildings, sits near Interstate 105, within 15 miles of downtown Los Angeles.

    20 December 2017 17:55