News

Green Street Realty to Build in Colorado Springs Opportunity Zone
Green Street Realty to Build in Colorado Springs Opportunity Zone

Published: October 16th, 2019 @ 11:10am

Green Street Realty/Sub4 Development on plans to build a new 336 Unit Apartment Complex in Colorado Springs, Colorado. The $70 million dollar project is expected to start in the late spring of 2020 and is in the Federally designated Opportunity Zone. This is one of several opportunity zone projects that Green Street has underway, with other opportunity zone locations expected to come online in 2020 in Lafayette, Indiana, and Goodyear, Arizona.
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Green Street Realty Franchise Division to open Crunch Fitness Locations in St Louis
Green Street Realty Franchise Division to open Crunch Fitness Locations in St Louis

Published: October 16th, 2019 @ 11:10am

Green Street Realty's new franchise division has purchase the rights to open up to 8 Crunch Fitness franchises (https://www.crunch.com/) in St Louis, Missouri. We are expecting to open the first locatoin in early 2020. Crunch Fitness has over 300 franchises throughout the US, Canada and Australia.
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Green Street Realty Franchise Division Opening Culvers in Nebraska
Green Street Realty Franchise Division Opening Culvers in Nebraska

Published: October 16th, 2019 @ 11:05am

Green Street Realty's newly formed franchise division will be opening its first Culver's restaurant in Grand Island, Nebraska. Construction is underway with a planned December opening. This is the first of several Culver's restaurants that our franchise division plans on opening throughout the country.
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Green St Realty Plans to Build in Phoenix Metro Opportunity Zone
Green St Realty Plans to Build in Phoenix Metro Opportunity Zone

Published: August 13th, 2019 @ 2:20am

Green Street Realty is working with Sub4 Development on plans to build a new 214 Unit Apartment Complex in the Phoenix, Arizona suburb, Goodyear. The Goodyear site is an outstanding location right next to the $108 Million Dollar Goodyear Ballpark that is the spring training home to the Cleveland Indians and Cincinnati Reds. The project is expected to start in the late spring of 2020 and is in the Federally designated Opportunity Zone. This is one of several opportunity zone projects that...

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Green Street Realty to Start Construction in Lafayette, Indiana
Green Street Realty to Start Construction in Lafayette, Indiana

Published: July 10th, 2019 @ 8:20am

Green Street Realty/Sub 4 Development will start construction on the Nova Tower in Lafayette, Indiana later this summer. The Opportunity Zone development is located in the heart of downtown Lafayette, just across the river from Purdue University. The property will consist of 76 apartment units and 5,500 of retail space. Green Street has recently executed a lease for the commercial space with Anytime Fitness. 

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Green Street Realty Acquires 505 E University
Green Street Realty Acquires 505 E University

Published: July 10th, 2019 @ 8:15am

Green Street Realty has acquired the rest of the southern part of 500 block of E University Ave in Champaign. The 13,000 sq foot strip center sits on a 35,000 square foot lot and and is next door to the 501 E University Ave devleopment that Green Street built in 2017. 

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Green Street buys most of campus block
Green Street buys most of campus block

Published: July 10th, 2019 @ 8:10am

Green Street Realty has purchased most of the 700 block of Green St and Elm St in Urbana from Hunsinger Properties. The buildings include 701 W Elm, 705 W Elm, 711 W Elm, 203 S Coler, 704 W Green, 706 W Green, 712 W Green and 714 W Green. The plan is remodel the exisitng buildings. 

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Opportunity Zone Fund 1 Fully Raised
Opportunity Zone Fund 1 Fully Raised

Published: June 5th, 2019 @ 8:45am

Green Street Realty has just completed the fundraising for its first Opportunity Zone deal. Our Campus Town Opportunity Fund was created to build new construction bring in investors that have capital gains to invest in Federally designated Opportunity Zones. The program is part of the Tax Cuts and Jobs Act of 2017. Our first Fund will include three new buildings starting construction this Summer at 32 E Green St (164 Beds), 103 E Healey (108 Beds) and 54 E John (65 Beds) in Champaign....

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Green Street Purchases  711 W Elm, Urbana
Green Street Purchases 711 W Elm, Urbana

Published: June 5th, 2019 @ 8:45am

Green Street recently completed the acquisiton of 711 W Elm in Urbana. The property consists of 2 buildings and 84 bedrooms. We will start a $500,000 remodel of this property later this summer. This is an ideal fit to our portfolio of affordable student properties. Target rents post construction will be under $500 per bedroom. 

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501 Commerce Dr in Savoy to Open Soon
501 Commerce Dr in Savoy to Open Soon

Published: April 4th, 2019 @ 7:45am

Green Street Realty's construction team, Sub 4 Development, is wrapping up construction of a new retail building at 501 Commerce Dr in Savoy. Green Street Realty has fulled leased this new 5,000 sq foot building, with Industrial Donut opening in mid April and El Rancho Grande opening this summer. 

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