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Fed Hikes Rates, Predicts a Strong-ish Economy Into 2020
News 7 months ago
Fed Hikes Rates, Predicts a Strong-ish Economy Into 2020

The Federal Reserve increased its benchmark short-term interest rates, while also signaling that additional hikes are expected for this year. The...

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Silicon Valley Build-to-Suit Office Project Lands $150M Loan
News 7 months ago
Silicon Valley Build-to-Suit Office Project Lands $150M Loan

Broadreach Capital Partners' property is fully leased to tech giant Google. HFF brokered the permanent funding from a major retirement fund. HFF...

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Bright Realty Kicks Off 324-Acre TX Mixed-Use Project
News 7 months ago
Bright Realty Kicks Off 324-Acre TX Mixed-Use Project

Phase I of The Realm at Castle Hills in Lewisville will bring a 235,000-square-foot office tower with 15,000 square feet of retail. The Realm at...

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YAM Properties Acquires Arizona’s Westgate Entertainment District
News 7 months ago
YAM Properties Acquires Arizona’s Westgate Entertainment District

In one of the state’s largest retail deals, iStar sold the 76-acre mixed-use center in Glendale for $133 million, after owning it since 2012. YAM...

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Wells Fargo Grants $103M Financing for Miami TOD
News 7 months ago
Wells Fargo Grants $103M Financing for Miami TOD

Florida East Coast Industries secured the construction loan for two buildings totaling more than 300,000 square feet, part of the MiamiCentral...

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Flexport Leases LA-Area Facility
News 7 months ago
Flexport Leases LA-Area Facility

Cushman & Wakefield arranged the transaction on behalf of the tenant for a newly developed industrial facility located in Compton, Calif. Flexport,...

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Exeter Picks Up Atlanta-Area Warehouse
News 7 months ago
Exeter Picks Up Atlanta-Area Warehouse

The previous owner, Suzuki Motor Corp., traded the industrial asset for $9 million. The building last changed hands in 1998. Exeter Property Group...

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Westwood Acquires Chicago Amazon-Anchored Store
News 7 months ago
Westwood Acquires Chicago Amazon-Anchored Store

The 2,800-square-foot retail space is located at the ground floor of a mixed-use building featuring three stories of luxury residential units....

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Leaders Shed Light on Industrial Sector’s Prospects
News 7 months ago
Leaders Shed Light on Industrial Sector’s Prospects

Leading executives offered perspectives on industrial sector investment strategy at NAIOP's annual I.CON conference: rising demand from tenants,...

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2018 Realcomm Conference Coverage
News 7 months ago
2018 Realcomm Conference Coverage

At Realcomm's 20th annual conference, real estate professionals convened in Las Vegas to trade strategies for staying ahead of the industry's rapid...

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Charlotte Gets New Dual-Branded Hotel
News 7 months ago
Charlotte Gets New Dual-Branded Hotel

Two Courtyard and Residence Inn properties combined and are now open for business just minutes from Northlake Mall and Lake Norman A dual-branded...

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Bellomy & Co. Facilitates Texas Storage Sale
News 7 months ago
Bellomy & Co. Facilitates Texas Storage Sale

The company represented the buyer, a Dallas-based investor, in the sale of a 198-unit self-storage facility located in Wichita Falls, Texas....

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Nashville CBD Office Tower Fetches $44M
News 7 months ago
Nashville CBD Office Tower Fetches $44M

A CBRE Capital Markets team facilitated the disposition of 4th & Church on behalf of seller Albany Road Real Estate Partners. CBRE Capital Markets...

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Infomart Adds Capacity to NoVa Data Center
News 7 months ago
Infomart Adds Capacity to NoVa Data Center

The 180,000-square-foot facility is set to feature nine suites for a variety of clients, from cloud providers to federal agencies. Infomart Data...

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[solidcore] Opens First Manhattan Location
News 7 months ago
[solidcore] Opens First Manhattan Location

The gym chain singled out Chelsea as its second New York location, planning to occupy more than 2,000 square feet at an Extell Development-owned...

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Finmarc Continues Suburban MD Shopping Spree
News 7 months ago
Finmarc Continues Suburban MD Shopping Spree

The company acquired a 110,000-square-foot flex/office portfolio in Columbia, Md., shortly after purchasing another 116,000-square-foot portfolio...

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Broadstone Net Lease Adds New VPs in Phoenix
News 7 months ago
Broadstone Net Lease Adds New VPs in Phoenix

Greg Lang and Sean Hostert have stepped up as the firm's vice presidents of acquisitions, focusing on sourcing and closing deals of single-tenant...

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Economy Watch: Inflation Heats Up in May
News 7 months ago
Economy Watch: Inflation Heats Up in May

The price of gasoline and shelter continue to contribute to the increase in the all items index in May, which ticked up by 0.2 percent. The...

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Marx Development Gets $88M in Financing for Hudson Yards Hotel
News 7 months ago
Marx Development Gets $88M in Financing for Hudson Yards Hotel

Meridian Capital Group secured the 24-month term loan from Mack Real Estate Credit Strategies. The developer will use it to recapitalize the...

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Velocis, Altus Buy 500 KSF DC-Area Office Campus
News 7 months ago
Velocis, Altus Buy 500 KSF DC-Area Office Campus

The partners purchased Greensboro Park, a two-building complex in Tysons, Va., from Beacon Capital, and tapped commercial real estate services firm...

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Suburban Chicago Office Towers Land $60M Refi
News 7 months ago
Suburban Chicago Office Towers Land $60M Refi

Zeller Realty Group received the financing for two seven-story Class A office towers, comprising a total of 350,000-square-foot, in the North Shore...

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The Rust Belt’s Overlooked Legacy
News 7 months ago
The Rust Belt’s Overlooked Legacy

A study from Lincoln Institute of Land Policy brings to light the area's smaller cities and how some of them reinvented themselves. For most people...

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How Investment Managers, Vendors Are Expediting IT Innovation
News 7 months ago
How Investment Managers, Vendors Are Expediting IT Innovation

At Realcomm in Las Vegas, Lisa Howat, managing director of Lionpoint Group, outlined the challenges and opportunities investment managers are...

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Gazit Horizons Picks Up Boston Retail Asset
News 7 months ago
Gazit Horizons Picks Up Boston Retail Asset

The seller, Frazer Holdings, traded the vacant property in the city’s urban core for $16.6 million. The building contains 10,500 square feet across...

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LPC to Manage 400 KSF Atlanta Mixed-Use Project
News 7 months ago
LPC to Manage 400 KSF Atlanta Mixed-Use Project

The owner, a joint venture between Loudermilk Properties and The Hanover Co., broke ground on the development in early 2017. A joint venture...

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Duke Realty Sells IL Industrial Building
News 7 months ago
Duke Realty Sells IL Industrial Building

Neuco, a distributor of HVACR replacement parts, acquired the roughly 145,000-square-foot Bolingbrook property to serve as its new corporate...

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Economy Watch Weekly: Job Growth Steady, Forecasts Predict Positive Outlook
News 7 months ago
Economy Watch Weekly: Job Growth Steady, Forecasts Predict Positive Outlook

April counted roughly 6.7 million job openings nationwide. Business economists expect a slowdown, revealing predictions for the rest of 2018 and ...

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Economy Watch: Gig Economy Might Not be as Large as Believed
News 7 months ago
Economy Watch: Gig Economy Might Not be as Large as Believed

A new Bureau of Labor Statistics report casts some doubt on the size and growth trajectory of contingent jobs, which might have implications for...

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Westgate Resorts Buys Vintage Manhattan Hotel
News 7 months ago
Westgate Resorts Buys Vintage Manhattan Hotel

The historic 300-key hotel in Tudor City, near Grand Central Station, has been rebranded as the Westgate New York City. It’s the company's first...

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NKF Facilitates MI Industrial Sale
News 7 months ago
NKF Facilitates MI Industrial Sale

National Print and Mail sold the 1965-built property to SourceHub, an online distributor of warehousing and facility equipment. The buyer plans to...

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