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JLL Arranges $27M Bridge Financing for Portland’s J.K. Gill Building
News 1 day ago
JLL Arranges $27M Bridge Financing for Portland’s J.K. Gill Building

JLL Capital Markets arranged $27 million in bridge financing for the J.K. Gill Building, a 96,111-square-foot, historic office building in Portland...

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CBRE Report: Seattle Records All-Time High Office-Using Services Job Growth
News 1 day ago
CBRE Report: Seattle Records All-Time High Office-Using Services Job Growth

Fueled by the tech industry, the Seattle metro added 20,800 office-using services jobs in 2019 – an all-time high for the market and the second...

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CREXi’s Series B Funding Spurs Further Growth for Tech Platform
News 1 day ago
CREXi’s Series B Funding Spurs Further Growth for Tech Platform

Los Angeles-based CREXi, the marketplace, data, and technology platform for commercial real estate, completed a $30 million Series B funding round...

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Lee Launches Northwest Multifamily Team with Five Broker Additions
News 3 days ago
Lee Launches Northwest Multifamily Team with Five Broker Additions

Five veteran multifamily brokers joined Lee & Associates Commercial Real Estate Service to launch its new Northwest Multifamily Team. The addition...

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Colorado Claims Top Slot on USGBC’s Top LEED Cities Ranking
News 3 days ago
Colorado Claims Top Slot on USGBC’s Top LEED Cities Ranking

The U.S. Green Building Council (USGBC) unveiled its list of Top 10 States for LEED green building. Colorado took the top spot for the first time...

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10-Property, Multi-State Providence St. Joseph Health Portfolio Trades Hands
News 3 days ago
10-Property, Multi-State Providence St. Joseph Health Portfolio Trades Hands

The first phase of a more than 344,000-square-foot, 10-property portfolio for Providence St. Joseph Health (PSJH) has sold for roughly $59 million....

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Embrey Readies to Build 293-Unit Elm at River Park
News 5 days ago
Embrey Readies to Build 293-Unit Elm at River Park

Embrey Partners is gearing up to break ground on The Elm at River Park, a 293-unit apartment complex in southwest Fort Worth. The site is adjacent...

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Former 410K-SF Baker Hughes Plant Sells to HPI Real Estate
News 5 days ago
Former 410K-SF Baker Hughes Plant Sells to HPI Real Estate

HPI Real Estate, headquartered in Austin, took possession of a vacant 409,685-square-foot distribution/high-tech manufacturing center in Schertz,...

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Nabors Drilling Sells 112K SF to Houston-Based Entity
News 5 days ago
Nabors Drilling Sells 112K SF to Houston-Based Entity

A Houston buyer acquired a campus consisting of 111,530 square feet of industrial office and manufacturing buildings. Rhone Brittmoore Logistics LP...

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Examining Mayoral Perceptions of Opportunity Zones
News 5 days ago
Examining Mayoral Perceptions of Opportunity Zones

Though there have been positive and negative viewpoints concerning the Opportunity Zones program, not much feedback has been garnered from...

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Herndon Office Complex Trades for $40M
News 5 days ago
Herndon Office Complex Trades for $40M

A joint venture between Goodstone LLC and Waterfall Asset Management have acquired Northridge I and II, a two-building office complex in Herndon...

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Walker & Dunlop, GeoPhy Launch MF Appraisal Company
News 5 days ago
Walker & Dunlop, GeoPhy Launch MF Appraisal Company

Bethesda, MD.-based Walker & Dunlop and New York City-based GeoPhy have teamed up to launch a new multifamily appraisal company called Apprise. “By...

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JLL Brokers $18M Sale of Biomed Research Building in Raleigh
News 5 days ago
JLL Brokers $18M Sale of Biomed Research Building in Raleigh

JLL has brokered the $17.6 million sale of the Biomedical Partnership Center, a 44,835-square-foot, office flex/lab building in Raleigh. The...

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Amazon to Open 1M-SF Distribution Center in Newnan
News 5 days ago
Amazon to Open 1M-SF Distribution Center in Newnan

E-Commerce giant Amazon has announced plans to open a new distribution center in Newnan. The 1 million-square-foot facility is expected to create...

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Connect Q&A: Case Swenson on Silicon Valley/San Jose 2020 Trends
News 5 days ago
Connect Q&A: Case Swenson on Silicon Valley/San Jose 2020 Trends

Connect Media had a chance to catch up with Case Swenson, president of San Jose, CA-based development and construction services firm Swenson, to...

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Sheryl Troiani Promoted to Granite Properties’ Chief Administration Officer
News 6 days ago
Sheryl Troiani Promoted to Granite Properties’ Chief Administration Officer

Granite Properties promoted Sheryl Troiani to the newly created position of Chief Administrative Officer. In her new position she will continue...

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301K-SF Exterran Campus Sells to Cali Buyer
News 6 days ago
301K-SF Exterran Campus Sells to Cali Buyer

Redwood Property Investors III LLC entered the Houston market with its acquisition of the former Exterran Energy Solutions campus in the northwest...

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J.C. Penney to Shutter 6 Stores & Call Center
News 6 days ago
J.C. Penney to Shutter 6 Stores & Call Center

Plano, TX-headquartered J.C. Penney announced plans to close down six stores by the end of April 2020, as well as a call center in Lenexa, KS,...

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Marriott Sells Sheraton Phoenix Downtown for $268M
News 6 days ago
Marriott Sells Sheraton Phoenix Downtown for $268M

Less than two years after acquiring the 1,000-room Sheraton Phoenix Downtown hotel, Marriott International Inc. sold the property to Blackstone...

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Toll Brothers’ 8-Acre Buy Paves Way for 402-Unit Development
News 6 days ago
Toll Brothers’ 8-Acre Buy Paves Way for 402-Unit Development

TB 4100 N. Central Ave LLC, an entity formed by Toll Brothers, acquired 8.2 acres at Central Avenue and Indian Road in Phoenix. The new owner paid ...

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Glacier House Sells 289-Key Portfolio, Collects $80M
News 6 days ago
Glacier House Sells 289-Key Portfolio, Collects $80M

Glacier House Hotels sold a three-property, 289-room Arizona hotel portfolio to different buyers, walking away from the deals with a combined $80.1...

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Wholesome Sweeteners Takes Down 349K SF at Victory Commerce Center
News 6 days ago
Wholesome Sweeteners Takes Down 349K SF at Victory Commerce Center

Wholesome Sweeteners, an organic, non-GMO food company, leased the entire 349,050 square feet at Victory Commerce Center in Deer Park, TX. The...

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Oden Hughes Sells 312-Unit Lenox Stone Oak
News 6 days ago
Oden Hughes Sells 312-Unit Lenox Stone Oak

Multifamily developer Oden Hughes shook hands with a private California investment group to sell Lenox Stone Oak, a 312-unit apartment property in...

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CCIM Institute’s K.C. Conway Guides on Recalibrating the Capital Markets
News 1 week ago
CCIM Institute’s K.C. Conway Guides on Recalibrating the Capital Markets

“This year is especially important for CRE pros to understand where and how much investment activity to deploy to be successful,” said K.C. Conway,...

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Walmart’s Robotic Workforce Grows at 650 Additional Stores
News 1 week ago
Walmart’s Robotic Workforce Grows at 650 Additional Stores

Walmart is expanding its workforce of shelf-scanning robots at 650 more U.S. stores in an effort to better monitor and re-supply items as customers...

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Simon Helps Solve Reverse Logistics with Expanded 'Happy Returns' Service
News 1 week ago
Simon Helps Solve Reverse Logistics with Expanded 'Happy Returns' Service

Simon expanded its Happy Returns service to additional participating centers to enable more shoppers to return online purchases at Simon Guest...

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Microsoft Plans to be Carbon Negative by 2030
News 1 week ago
Microsoft Plans to be Carbon Negative by 2030

Microsoft Corp. set an ambitious goal and unveiled a new plan to reduce and ultimately remove its carbon footprint. By 2030, Microsoft will be...

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LPC West, Cerberus Claim Three-Tower Campus in Renton from Hines-Oaktree
News 1 week ago
LPC West, Cerberus Claim Three-Tower Campus in Renton from Hines-Oaktree

LPC West, together with an affiliate of Cerberus Capital Management, L.P., acquired Triton Towers, an office campus in Renton for a reported $63...

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Madison Provides $27M for Puget Sound Properties
News 1 week ago
Madison Provides $27M for Puget Sound Properties

New York-based Madison Realty Capital originated a $27 million first mortgage loan collateralized by a multifamily project under construction at...

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Lowe Launches Construction on 550-Unit MF Development in Seattle’s Yesler Terrace
News 1 week ago
Lowe Launches Construction on 550-Unit MF Development in Seattle’s Yesler Terrace

Los Angeles-based Lowe commenced construction on the first phase of a 550-unit apartment development in Seattle’s Yesler Terrace master-planned...

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