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New owner demolishes Gate City Motors in Greensboro
News 4 hours ago
New owner demolishes Gate City Motors in Greensboro

Principal says the work will create "unique" downtown tract. This account isn't linked to a paid Triad Business Journal subscription. Filled with ...

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20 in 20: Canopy by Hilton Says Hello to 20 New Neighborhoods Around the World in 2020
News 5 hours ago
20 in 20: Canopy by Hilton Says Hello to 20 New Neighborhoods Around the World in 2020

MCLEAN, Va. - Canopy by Hilton, Hilton's (NYSE: HLT) upper upscale lifestyle hotel brand, announced it is targeting to open 20 hotels in 2020...

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End of the mortgage refi boom could spell trouble for credit unions
News 5 hours ago
End of the mortgage refi boom could spell trouble for credit unions

Credit unions could see their bottom lines start to take a hit as last year's refi boom begins to simmer down. Mortgage refinancing activity went...

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Maintenance management made simple
News 5 hours ago
Maintenance management made simple

The winner of PlaceTech Prize 2019 is a maintenance management system trusted by more than 1,500 companies managing over one million properties...

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Panattoni Sells Reno Industrial Park for $117M
News 5 hours ago
Panattoni Sells Reno Industrial Park for $117M

Panattoni Development Co. has sold Lear Industrial Center, a four-building business park encompassing 1.4 million square feet in Reno. Nev. Clarion...

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How Millennials Impact Affordable Housing Supply
Blog 6 hours ago
How Millennials Impact Affordable Housing Supply

How are population growth and demographics related to affordable housing supply? In San Diego, the population growth has been a steady.6% annually...

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Black Creek Group Closes Record-Breaking Year
Blog 6 hours ago
Black Creek Group Closes Record-Breaking Year

Denver-based Black Creek Group has closed a record-breaking year. In 2019, the firm raised $2.3 billion in capital, a 150% increase compared to...

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Northland Snaps Up Another Florida Apartment
News 6 hours ago
Northland Snaps Up Another Florida Apartment

SARASOTA, FL-Northland Investment Corporation has acquired The District at Rosemary, formerly Elan Rosemary, a four-story, 286-unit, mid-rise...

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Becknell Industrial Sees Rapid Lease Up of Spec Tampa Asset
News 6 hours ago
Becknell Industrial Sees Rapid Lease Up of Spec Tampa Asset

TAMPA, FL-Becknell at Madison Business Center, a speculative industrial property located at Madison Avenue and Eagle Falls Place here, is leasing...

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HR Firm Moves to ESRT’s MerrittView
News 7 hours ago
HR Firm Moves to ESRT’s MerrittView
Source Connect Media

Choyce Peterson Inc. negotiated a 12,300-square-foot lease for OperationsInc. at MerrittView in Norwalk, CT. John Hannigan of Choyce Peterson has...

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Clarion Acquires Reno’s Lear Industrial Center for $117M
News 7 hours ago
Clarion Acquires Reno’s Lear Industrial Center for $117M
Source Connect Media

Clarion Partners LLC has acquired Lear Industrial Center in Reno, NV, for $117 million. The seller, Panattoni Development Company, originally...

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etco Homes Set to Deliver 200+ For-Sale Units in 2020
News 7 hours ago
etco Homes Set to Deliver 200+ For-Sale Units in 2020
Source Connect Media

Beverly Hills-based developer etco Homes is set in 2020 for delivery of three projects totaling more than 200 condominium homes in high density,...

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Inland Empire Tops U.S. Industrial Top 100 2019
News 7 hours ago
Inland Empire Tops U.S. Industrial Top 100 2019
Source Connect Media

The Inland Empire is at the top of the list of the 100 largest warehouse deals in the U.S. in 2019, with 21 lease transactions totaling 17.5...

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Short-Term Rentals Make Long-Term Impact on Hotel Valuations
News 7 hours ago
Short-Term Rentals Make Long-Term Impact on Hotel Valuations
Source Connect Media

Even as the short-term rental (STR) sector sees slower growth, the sector’s influence is impacting traditional hotel valuations as the industry...

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Interra Promotes South and West Side Specialist Fryman
News 7 hours ago
Interra Promotes South and West Side Specialist Fryman
Source Connect Media

Interra Realty promoted Lucas Fryman from director to managing partner, and Harrison Pinkus from associate to director. Fryman joined Interra as an...

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LaSalle/Pacshore JV Refi’s Playa Vista Class A Duo for $93M
News 7 hours ago
LaSalle/Pacshore JV Refi’s Playa Vista Class A Duo for $93M
Source Connect Media

CBRE Capital Markets’ Debt & Structured Finance group has secured a $93 million loan for a joint venture of LaSalle Investment Management and...

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Cash-Flowing Apartments Find Buyer in Central Harlem
News 7 hours ago
Cash-Flowing Apartments Find Buyer in Central Harlem
Source Connect Media

The Tri-State Investment Sales group for Avison Young announced the sale of two five-story residential properties at 111 and 148 W.141st St. in...

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Manhattan Sets New Records with “$100+ Club” Leasing Deals
News 7 hours ago
Manhattan Sets New Records with “$100+ Club” Leasing Deals
Source Connect Media

Manhattan’s “$100+ Club”—office leases priced at $100 or more per square foot—reached all-time record volume of 8.8 million square feet in 2019,...

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Friedman Properties Readies 30-Story Tower in River North
News 7 hours ago
Friedman Properties Readies 30-Story Tower in River North
Source Connect Media

Friedman Properties and the City of Chicago have reached final approvals for a public private/partnership to develop Rivere, a 30-story mixed-use...

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Big-Box Retail Fetches $36M in Wisconsin
News 7 hours ago
Big-Box Retail Fetches $36M in Wisconsin
Source Connect Media

Stan Johnson Company (SJC) completed the sale of a big-box retail property located in Oconomowoc, WI, 30 miles west of Milwaukee, and fully-leased...

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Nonprofit Relocates Headquarters to Tower 45
News 7 hours ago
Nonprofit Relocates Headquarters to Tower 45

The Harry Frank Guggenheim Foundation will relocate its headquarters to Kamber Management Company’s Tower 45 at 120 W. 45th St. The foundation...

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Sunset Expands Software Firm by 90K SF at Bishop Ranch
News 7 hours ago
Sunset Expands Software Firm by 90K SF at Bishop Ranch

Family-owned Sunset Development Company has signed a 90,000-square foot expansion lease with software firm SAP at 2600 Camino Ramon in San Ramon,...

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CTA Kicks Off Work on Lawrence/Bryn Mawr Upgrades
News 7 hours ago
CTA Kicks Off Work on Lawrence/Bryn Mawr Upgrades

The Chicago Transit Authority (CTA) is beginning construction work for the Lawrence to Bryn Mawr Modernization Project (LBMM). The LBMM project is...

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Play Space for Kids and Parents Signs Williamsburg Lease
News 7 hours ago
Play Space for Kids and Parents Signs Williamsburg Lease

Cushman & Wakefield arranged a 3,650-square-foot long-term lease for Grand Days—a play space and café offering programming, food and drinks for...

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Cali Wine & Vine Signs for 48K SF in Temecula
News 7 hours ago
Cali Wine & Vine Signs for 48K SF in Temecula

Cali Wine & Vine has signed a 7-year lease for 48,000 square feet of industrial space at 43085 Business Park Dr. in Temecula, CA. Cali Wine & Vine...

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VICI Finalizes $843M Deal for Cleveland Gaming Properties
News 7 hours ago
VICI Finalizes $843M Deal for Cleveland Gaming Properties

VICI Properties Inc. completed its acquisition of JACK Cleveland Casino, located in downtown Cleveland, and JACK Thistledown Racino, located...

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Duke Wraps Up O’Hare-Area Spec Build
News 7 hours ago
Duke Wraps Up O’Hare-Area Spec Build

Duke Realty completed a 154,000-square-foot speculative logistics property at 901 Chase Ave. in Elk Grove Village, IL. The property is located in...

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Columbia Property Trust Closes on Normandy Acquisition
News 7 hours ago
Columbia Property Trust Closes on Normandy Acquisition

Columbia Property Trust (CXP) closed on its previously announced acquisition of Normandy Real Estate Management, LLC, a developer, operator and...

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Square Mile Lends $434M on DivcoWest’s Cambridge Crossing
News 7 hours ago
Square Mile Lends $434M on DivcoWest’s Cambridge Crossing

Square Mile Capital Management originated a $433.8-million construction loan to finance the next phase of DivcoWest’s Cambridge Crossing master...

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Stantec Takes Lead on Battery Park Resilience Project
News 7 hours ago
Stantec Takes Lead on Battery Park Resilience Project

Stantec was selected by the New York City Economic Development Corporation to lead design for the Battery Coastal Resilience Project, spanning one...

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