Northern Parkway (Arizona)

Paradise Valley Unified School District Partners with Elevated Education to Reengage Youth

Retrieved on: 
Tuesday, November 1, 2022

PHOENIX, Nov. 1, 2022 /PRNewswire/ -- Paradise Valley Unified School District (PVSchools) announces a partnership with Elevated Education to offer students and their families academic reengagement, and positive mentoring for youth through a project funded by the Arizona Governor's Office.

Key Points: 
  • PHOENIX, Nov. 1, 2022 /PRNewswire/ -- Paradise Valley Unified School District (PVSchools) announces a partnership with Elevated Education to offer students and their families academic reengagement, and positive mentoring for youth through a project funded by the Arizona Governor's Office.
  • "As a leader in academic reengagement, Elevated is humbled to partner with PVSchoolsto mentor and provide a pathway to educational success for disengaged youth," said James Meehan, CEO of Elevated Education.
  • Troy Bales, Superintendent of Paradise Valley Unified School District.
  • Paradise Valley Unified School District (PVSchools) engages, inspires, and nurtures students through high-quality instruction, meaningful educational opportunities, and dynamic learning experiences.

Diversified Healthcare Trust Announces Sale of Additional 10% Equity Interest in Life Science Property Located in Boston Seaport District

Retrieved on: 
Wednesday, June 29, 2022

Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has sold an additional 10% equity interest in the two building life science complex located at 11 Fan Pier and 50 Northern Avenue in Boston, MA.

Key Points: 
  • Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has sold an additional 10% equity interest in the two building life science complex located at 11 Fan Pier and 50 Northern Avenue in Boston, MA.
  • The purchasing partner now owns a 45% interest in the joint venture, another partner continues to own a 45% equity interest, and DHC owns the remaining 10% equity interest.
  • The purchase price for the 10% equity interest is based on a property valuation of $1.7 billion, less the $620 million of existing secured debt on the property.
  • The property was acquired by DHC in May 2014 for $1.1 billion and consists of two 15-story, class A LEED Gold Certified life science buildings located in Bostons Seaport District.

Lovett Industrial Announces The Acquisition Of 139 Acres In Glendale, Arizona

Retrieved on: 
Tuesday, January 25, 2022

Lovett Industrial, the Houston-based real estate investment firm, announces the acquisition of 139 acres along the Northern Parkway in Glendale, Arizona, where it will develop NorthPark Logistics Center, a planned two-building, 1.7 million square foot Class A industrial campus.

Key Points: 
  • Lovett Industrial, the Houston-based real estate investment firm, announces the acquisition of 139 acres along the Northern Parkway in Glendale, Arizona, where it will develop NorthPark Logistics Center, a planned two-building, 1.7 million square foot Class A industrial campus.
  • Lovett plans to design and entitle the site for spec construction during the first half of 2022 and will initially market the land for potential build-to-suit requirements.
  • Upon completion, the project will feature industry leading building specifications designed to appeal to a wide range of users.
  • Lovett Industrials founders have combined over 60+ years of experience in the commercial and industrial real estate sectors.

Diversified Healthcare Trust Announces Second Joint Venture Partner for Life Science Property Located in Boston Seaport District

Retrieved on: 
Wednesday, December 29, 2021

The property included in the joint venture was acquired by DHC in May 2014 for $1.1 billion and consists of two 15-story, class A LEED Gold Certified life science buildings located in Bostons Seaport District.

Key Points: 
  • The property included in the joint venture was acquired by DHC in May 2014 for $1.1 billion and consists of two 15-story, class A LEED Gold Certified life science buildings located in Bostons Seaport District.
  • Jennifer Francis , President and Chief Executive Officer of DHC, made the following statement about todays announcement:
    Since our purchase of this property in 2014, the Boston Seaport District has emerged as one of the top life science markets in the United States.
  • Adding a new private capital partner to this existing joint venture highlights the sizable value appreciation in the past seven years.
  • Diversified Healthcare Trust (Nasdaq: DHC) is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States.