News

Somera Road – In the News

LVB.com, August 8, 2019 – “Allentown’s PPL Plaza officially renamed

The Morning Call, August 8, 2019 – “PPL Plaza in downtown Allentown has a new name

Kansas City Business Journal, July 26, 2019 – “Editor’s Notebook I’m not cool, but I know it when I see it, and Downtown is close

Nashville Post, July 26, 2019 – “Sales and marketing company relocating to MetroCenter

Kansas City Business Journal, July 11, 2019 – “Coworking giant WeWork will open second KC location

Cleveland.com, July 8, 2018 – “Red-Wing Shoes Spectrum to open stores in Royalton Collection on Ohio 82 in Strongsville”

The Morning Call, June 24, 2019 – “ PPL Plaza To Get New Name

Bisnow, Washington DC, June 14, 2019 – “Opportunity Zone Market Starting To Heat Up, But Many Investors Are Still Waiting

Daily Memphian, May 30, 2019 – “FedEx Logistics seeks design approval for Downtown HQ

69 WFMZ – TV News, May 29, 2019 – “New PPL Plaza owners detail plans for property improvements

The Morning Call, May 29, 2019 – “Inside PPL Plaza

The Morning Call, May 8, 2019 – “The Morning Call – PPL Plaza is ‘hands down the best office space in the market,’ new building owner says”

Nashville Business Journal, April 23, 2019 – “Manhattan investor unveils Wedgewood-Houston project

Commercial Real Estate Direct, March 5, 2019 – “Somera Road Keeps Chasing Opportunities as Defaults in CMBS Dwindle

Daily Memphian, February 12, 2019 – “FedEx Logistics, The Clipper are variations on a Downtown theme of live-work-play

Commercial Appeal, February 12, 2019 – “FedEx Logistics moving headquarters to former Gibson Guitar building in Downtown Memphis

New York Times, February 12, 2019 – “FedEx Logistics Establishing New HQ in Downtown Memphis”

Kansas City Business Journal, February 11, 2019 – “City Center Square owners seek Port KC incentives for redevelopment

St. Louis Business Journal, January 29, 2019 – “Investor sees potential in center that was one of St. Louis’ most delinquent properties

Kansas City Business Journal, January 29, 2019 – City Center Square’s new owners secure $60M for renovations

Kansas City Business Journal, January 15, 2019 – “Somera Road buys City Center Square

Pittsburgh Commercial Real Estate News, January 7, 2019 – “Meet the investor that bought the debt of the SouthSide Works”

Modesto Bee, January 5, 2019 – “New owners of Century Center want to woo Trader Joe’s to east Modesto with your help”

Cleveland.com, December 4, 2018 – “HomeGoods, a national off-price retailer, will open store at Royalton Collection in Strongsville”

Cleveland.com, November 27, 2018 – “Strongsville software-payroll firm to occupy former Medical Mutual building on Ohio 82”

The Modesto Bee, November 21, 2018 – “Once an east Modesto magnet, Century Center gets second shot with new ownership”

The Wall Street Journal, November 14, 2018 – “Rich Investors Eye Tax-Favored Development Funds”

The Real Deal, October 31, 2018 – “Somera Road is latest firm trying to raise $500M to invest in Opportunity Zones”

Nashville Post, October 29, 2018 – “Developer to acquire disputed Gibson property”

The Wall Street Journal, October 23, 2018 – “Opportunity Is Coming to a City Near You”

Cleveland.com, August 27, 2018 – “Construction of new office-retail development, Royalton Collection, scheduled to begin soon on Ohio 82 in Strongsville”

Somera Road – Press Releases

PPL Plaza, Allentown, PA, August 8, 2019 – Somera Road Inc. Announces New Name and Architects Hired for Former PPL Plaza

501 Great Circle, Nashville, July 9, 2019 – Somera Road Inc. Acquiring its Second Nashville Opportunity Zone Investment

Strongsville / Royalton Collection, July 1, 2019 – Somera Road and Local Dignitaries Celebrate Progress At Strongsville’s Newest Retail Destination The Royalton Collection

PPL Plaza, Allentown, PA, June 1, 2019 – Somera Road Inc. Hires Local Groups to Reposition PPL Plaza

Somera Road – Inc. Best Workplaces 2019 – May 17, 2019 – Somera Road Recognized As One Of Inc. Magazines Best Workplaces 2019

WeHo Crossing – Nashville, April 23, 2019 – Somera Road Inc. Delivering 72,500 SF Adaptive Reuse Development in Firm’s First Nashville Opportunity Zone Investment

Gibson – Memphis, February 12, 2019 – Somera Road + Orgel Family LP Announce Expansive New Class-A Office and Full-Service Hotel Development

Century Center, November 1, 2018 – Somera Road, Inc. Acquires Century Center in Modesto, California

Opportunity Zones, October 28, 2018 – Somera Road Raising Capital to Invest in Opportunity Zones

Gibson – Church Street, Nashville, October 28, 2018 – Somera Road, Inc. Acquires Former Gibson Guitars Warehouse in Nashville