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Sumitomo buys Collier Center in Downtown Phoenix
News 1 day ago
Sumitomo buys Collier Center in Downtown Phoenix
Source AZ Big Media

Sumitomo Corporation of Americas (SCOA) announced today their purchase of the Collier Center, a 2.8-acre commercial complex located in downtown...

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Leslie Cohen: Intention and diligence have helped her navigate a CRE career
News 1 day ago
Leslie Cohen: Intention and diligence have helped her navigate a CRE career

Leslie Cohen's career was lonely at first. As a civil engineering student at Tufts University and as a young engineering design professional within...

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One of Charlotte's newest luxury apartment properties fetches more than $100M in sale
News 1 day ago
One of Charlotte's newest luxury apartment properties fetches more than $100M in sale

Capital markets activity continues to be white hot in the Queen City, with another apartment property acquisition notching a nine-figure sale. This...

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The Penrose apartments in South End fetch more than $100M in sale
News 1 day ago
The Penrose apartments in South End fetch more than $100M in sale

Capital markets activity continues to be white hot in the Queen City, with another apartment property acquisition notching a nine-figure sale. The...

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Target plants a bull's-eye on Times Square
News 1 day ago
Target plants a bull's-eye on Times Square

Target is set to continue its steady takeover of Manhattan, landing soon in the crossroads of the world. The retailer revealed Thursday that it...

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Nonprofit grants for journalism are on the rise. So are potential conflicts of interest at WBUR and the Boston Globe
News 1 day ago
Nonprofit grants for journalism are on the rise. So are potential conflicts of interest at WBUR and the Boston Globe

The reception area of WBUR's City Space facility. WBUR's funding from the nonprofit Barr Foundation is raising questions among some. Funding from...

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Here's how one Arlington nonprofit will spend Amazon's affordable housing dollars
News 1 day ago
Here's how one Arlington nonprofit will spend Amazon's affordable housing dollars

The Arlington nonprofit that received $3 million from Amazon.com Inc. (NASDAQ: AMZN) to help ease the county's affordable housing woes has released...

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Global climate coalition selects Loop site for ambitious carbon-neutral redevelopment
Blog 1 day ago
Global climate coalition selects Loop site for ambitious carbon-neutral redevelopment

The collection of city-owned parcels that architects must transform in the Loop. | Courtesy of C40 Cities Architects will pitch sustainable...

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Md. casino revenue jumps slightly in November — but MGM sees a drop
News 1 day ago
Md. casino revenue jumps slightly in November — but MGM sees a drop

Maryland's casino industry saw a slight bump in revenue in November, after a nearly 9% drop in October. But MGM National Harbor saw a particular...

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Executive Voice: Stephen Morton is back in business in the Triangle – this time with his son
News 1 day ago
Executive Voice: Stephen Morton is back in business in the Triangle – this time with his son

When it comes to senior living centers, it seems the Morton name may always be involved....

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How to green your NYC renovation: 8 eco-friendly ideas
Blog 1 day ago
How to green your NYC renovation: 8 eco-friendly ideas

Can my landlord keep our security deposit because we put up an illegal wall? How much total will you tip the building staff this year at the...

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Skanska Launches LA Development Practice
News 1 day ago
Skanska Launches LA Development Practice

Skanska USA has launched a division for commercial real estate in Los Angeles County, and announced that its first project will be an office...

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Williamsburg tops StreetEasy’s list of neighborhoods to watch in 2020
Blog 1 day ago
Williamsburg tops StreetEasy’s list of neighborhoods to watch in 2020

After a dip in real estate values ahead of the proposed L train shutdown, Williamsburg has heartily rebounded. | Max Touhey The north Brooklyn...

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Red Apple Group's $300M, 45-story mixed-use tower in downtown St. Pete moves forward
News 1 day ago
Red Apple Group's $300M, 45-story mixed-use tower in downtown St. Pete moves forward

A New York billionaire's ambitious vision for downtown St. Petersburg - a 45-story mixed-use tower with condos, hotel rooms and street-level retail...

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SRS Real Estate Partners Appoints New VP in SoCal
News 1 day ago
SRS Real Estate Partners Appoints New VP in SoCal

SRS Real Estate Partners has named John Few as senior vice president & managing principal in its Newport Beach, Calif., office and as a partner...

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Airbnb introduces new rules to rein in parties, nuisances
News 1 day ago
Airbnb introduces new rules to rein in parties, nuisances

Airbnb is taking more steps to crack down on parties and nuisance guests in the wake of a Halloween shooting at an Airbnb rental in a San Francisco...

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Amherst Is in Talks to Buy Front Yard After Activist Pressure
News 1 day ago
Amherst Is in Talks to Buy Front Yard After Activist Pressure
Source NREI - Wire

The company is looking into buying the single-family rental operators that put itself on the block in May. (Bloomberg)—Amherst Holdings LLC is in...

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Silver Venture's Pearl 2.0 plan a recalibration for former Nao and Il Sogno restaurant spaces
News 1 day ago
Silver Venture's Pearl 2.0 plan a recalibration for former Nao and Il Sogno restaurant spaces

The Silver Ventures development could play a larger role as a culinary incubator. This account isn't linked to a paid San Antonio Business Journal...

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Chinese Investment in U.S. Commercial Real Estate Is Plunging
News 1 day ago
Chinese Investment in U.S. Commercial Real Estate Is Plunging
Source NREI - Wire

Chinese investors put 76 percent less money into U.S. CRE year-to-date through September than in 2018. (Bloomberg)—Chinese investment in U.S....

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10 Must Reads for the CRE Industry Today (December 5, 2019)
News 1 day ago
10 Must Reads for the CRE Industry Today (December 5, 2019)
Source NREI - Wire

Developers are eyeing empty parking lots as golden opportunities, reports The New York Times. Chicago's industrial real estate market is thriving,...

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DAILY READS: Dec. 5, 2019
News 1 day ago
DAILY READS: Dec. 5, 2019

"Thor Equities began assembling properties for the 18-story office and retail tower in 2016, when it bought 800 W. Fulton Market for $36 million....

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Dan McInerney, EVP of Asset Management, on the Importance of Having a Single Source of Truth
Blog 1 day ago
Dan McInerney, EVP of Asset Management, on the Importance of Having a Single Source of Truth

Founded in Midwood, Brooklyn, Midwood Investment & Development has evolved with New York City for over 90 years. Today, the vertically-integrated...

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Norris & Stevens, Inc. Brokers $2M Lease in Bend
Blog 1 day ago
Norris & Stevens, Inc. Brokers $2M Lease in Bend

December 5, 2019 NORRIS & STEVENS, INC. BROKERS $2M LEASE AT SOUTH TRAILS CENTER IN BEND, OREGON Harbor Freight Tools USA, Inc. recently completed...

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Why North American Properties' new strategy led to pulling out of $900M project
News 1 day ago
Why North American Properties' new strategy led to pulling out of $900M project

A few months after landing its first tenants, a $900 million mixed-use project planned near Atlanta no longer has a developer. Cincinnati-based...

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Why North American Properties shifts strategy
News 1 day ago
Why North American Properties shifts strategy

A few months after landing its first tenants, a $900 million mixed-use project planned near Atlanta no longer has a developer. Cincinnati-based...

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At the desk of: Rich Sarkis
News 1 day ago
At the desk of: Rich Sarkis

Rich Sarkis (Photos by Emily Assiran) Rich Sarkis’ office has no imposing mahogany table or wall of photos featuring him with celebrities or...

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Office, warehouse portfolio sells for $4.3M
News 1 day ago
Office, warehouse portfolio sells for $4.3M

Listing broker, firm: Frank Torbeck, Everest Group Inc. Buyer's broker, firm: Frank Torbeck, Everest Group Inc. Behind the deal: The sale of this...

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M2G Ventures Releases Plans For New Class A Industrial Project in North Fort Worth
Blog 1 day ago
M2G Ventures Releases Plans For New Class A Industrial Project in North Fort Worth
Source FrontBurner

Following its April 2019 acquisition of land in the Alliance corridor, M2G Ventures has released plans for a 640,000 square-foot, four-building...

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Turn Rikers Island into a laboratory for city planning
News 1 day ago
Turn Rikers Island into a laboratory for city planning

Rarely does a swath of land half the size of Central Park become available as a blank canvas on which to add a new section to New York City's...

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Morgan Cos. Purchases Former Sears Store in Triad’s Holly Hill Mall, Plans Publix-Anchored Shopping Center
News 1 day ago
Morgan Cos. Purchases Former Sears Store in Triad’s Holly Hill Mall, Plans Publix-Anchored Shopping Center

BURLINGTON, N. C. - The Morgan Cos. has purchased a former Sears department store at 309 Huffman Mill Road within Holly Hill Mall. Morgan Cos....

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