Archive for the ‘REAL ESTATE – Market Sector’ Category

Jackson State looking to buy apartments to house students

JACKSON — Jackson State University wants to buy a 444-bed apartment complex adjoining its campus. The College Board today voted to move toward leasing the Palisades apartment complex while keeping open options to buy it. The board gave Higher Education Chancellor Hank Bounds and board Finance Committee Chairman Ed Perry the power to work out […] [...]

Illinois firm buys Dogwood Festival for undisclosed sum

FLOWOOD — Inland Real Estate Income Trust Inc. of Oak Brook, Illinois, has acquired the 187,610-square-foot Dogwood Festival Shopping Center in Flowood, Mississippi. Lou Quilici, senior vice president of IREIT Business Manager & Advisor Inc., facilitated the transaction. Constructed in 2002, Dogwood Festival Shopping Center is 97.8 percent leased to 36 tenants, including T.J. Maxx, […] [...]

Court grants Gulfport’s request to drop annexation lawsuit

GULFPORT — The Mississippi Supreme Court has dismissed the appeal of an annexation lawsuit between the cities of Gulfport and Biloxi over a contested piece of land along the Mississippi Highway 605 corridor. The court granted Gulfport’s motion yesterday. Biloxi and Gulfport have been battling over the same territory since 2009. Both cities are located […] [...]

Starkville’s Cotton Mill Marketplace hotel breaks ground Wednesday

STARKVILLE, Mississippi — Groundbreaking is scheduled for noon Wednesday in Starkville for a 117-room Holiday Inn hotel, part of the the of the Cotton Mill Market Place project now under way at the intersection of Spring Street and Highway 12. The $20 million investment in the hotel and 15,000-square-foot retail center now under construction should […] [...]

Five historic properties added to National Register

AROUND MISSISSIPPI — A Mississippi turn-of-the-century car dealership, African American cemetery, two public schools, and a historic district are now on the National Register of Historic Places. The Department of Interior recently approved the listings on the recommendation of the Mississippi National Register Review Board. The Christian and Brough Building, one of the first automobile […] [...]

Report: More than 6.5M U.S. homes at risk for storm surge

MISSISSIPPI GULF COAST  — CoreLogic has released its 2014 storm surge analysis featuring estimates on both the number and reconstruction value of single-family homes exposed to hurricane-driven storm surge risk within the United States. According to the findings, more than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm […] [...]

Gulfport wants to dismiss appeal in fight with Biloxi over annexation

GULFPORT and BILOXI — The fight between the cities of Gulfport and Biloxi over a contested piece of land along the Mississippi Highway 605 corridor may be a step closer toward resolution. Gulfport has asked the Mississippi Supreme Court to dismiss its appeal of an earlier court ruling. The vacationing Supreme Court has not ruled […] [...]

Supreme Court to hear arguments in cities’ annexation squabble

BILOXI and GULFPORT — An annexation case pitting Gulfport against Biloxi is headed to oral arguments July 22 before the Mississippi Supreme Court. Biloxi and Gulfport have been battling over the same territory since 2009, especially along the new Mississippi Highway 605 corridor. Harrison County has also opposed the annexation. The 2.5-square-mile area that Gulfport […] [...]

Trustee wants Vantium to service Community Home loans

JACKSON — United States Bankruptcy Court for the Southern District of Mississippi has approved the request of Kristina M. Johnson, Chapter 11 trustee of the bankruptcy estate of Community Home Financial Services Inc., to retain Vantium Capital Inc. (d/b/a Acqura Loan Services) to service mortgage loans on behalf of the bankruptcy estate. Johnson’s appointment as […] [...]

Developers break ground for One Eastover Center

JACKSON — Holder Properties has broken ground for One Eastover Center, a 120,000-square-foot Class “A” office building located in the District at Eastover, a 21-acre mixed-use community. The office development will be located on the northern end of the District at Eastover utilizing 2.54 acres along Eastover Drive and the I-55 Frontage Road. The five-story […] [...]

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