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Former Power Plant Hits the Market
News 1 week ago
Former Power Plant Hits the Market

CPS Energy, San Antonio’s municipal electric utility, has decided to sell a shuttered power plant on the San Antonio River. The property, known as...

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CBL Reveals Plans to Redevelop Bismarck Mall
News 1 week ago
CBL Reveals Plans to Redevelop Bismarck Mall

Shopping center developer CBL Properties unveiled the first phase of redevelopment plans for the former Herberger’s department store at Kirkwood...

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Retail West Takeaways: More Change, More Opportunity & Assets Performing
News 1 week ago
Retail West Takeaways: More Change, More Opportunity & Assets Performing

The general refrain at Connect Retail West from a day of thought leadership on the state of the 2020 retail market can be summed up simply as “don...

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Industry Gears Up to Meet and Defeat CA's Prop 10, Part 2
News 2 weeks ago
Industry Gears Up to Meet and Defeat CA's Prop 10, Part 2

Now that rent control is confirmed for California’s November 2020 general election, state industry professional associations are gearing up to...

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Jitters Over Mall Exposure Spur Withdrawals from Funds
News 2 weeks ago
Jitters Over Mall Exposure Spur Withdrawals from Funds

Whatever the long-term wisdom and profitability of Simon Property Group’s $3.6-billion agreement to acquire rival Taubman Centers, in the near term...

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12 Trends That Are Shaping Commercial Real Estate in 2020
News 2 weeks ago
12 Trends That Are Shaping Commercial Real Estate in 2020

Twelve different commercial real estate trends and 12 different voices to express each of them. NKF’s white paper on forces that will shape the...

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Downtown San Diego Creative Office MXU Trades for $7M
News 2 weeks ago
Downtown San Diego Creative Office MXU Trades for $7M

Paclofts, a 20,000-square-foot creative office building featuring ground-floor retail, has sold to investor JCKL Partners for $7.4 million. Located...

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Urban Edge Pays $165M for Midwood Mixed-Use Assets
News 2 weeks ago
Urban Edge Pays $165M for Midwood Mixed-Use Assets

Urban Edge Properties is acquiring Kingswood Center and Kingswood Crossing, a pair of mixed-use buildings along Kings Highway in Brooklyn’s Midwood...

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Dennis Sherry Joins Avison Young as Sr. Portfolio Manager
News 2 weeks ago
Dennis Sherry Joins Avison Young as Sr. Portfolio Manager

Dennis Sherry has joined Avison Young’s New York team as senior portfolio manager of the firm’s real estate management group. He brings nearly two...

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JDL Reportedly in Contract for 10-Acre Moody Bible Parcel
News 2 weeks ago
JDL Reportedly in Contract for 10-Acre Moody Bible Parcel

JDL Development has a preliminary agreement to buy the land just north of Moody Bible Institute’s main campus at 820 N. LaSalle Dr. on the Near...

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NYCHA Strikes Privatization Deal on Nearly 6,000 Apartments
News 2 weeks ago
NYCHA Strikes Privatization Deal on Nearly 6,000 Apartments

Development partners including L + M, the Hudson Companies and Douglaston Development have been selected to take over the management of 5,908 New...

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Sanford Health Will Break Ground on MN Heart Center
News 2 weeks ago
Sanford Health Will Break Ground on MN Heart Center

Sanford Health will break ground this spring on a new heart and vascular center at the Sanford Bemidji Medical Center in Bemidji, MN. Construction...

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Kristi Rankin Joins CBRE to Oversee Property Management
News 2 weeks ago
Kristi Rankin Joins CBRE to Oversee Property Management

Kristi Rankin has joined CBRE as associate managing director of property management in Chicago. She’ll work with Neil Pendleton, managing director...

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One Bennett Park Wins Resi Construction Award
News 2 weeks ago
One Bennett Park Wins Resi Construction Award

Related Midwest’s One Bennett Park ultra-luxury residential tower in Chicago’s Streeterville neighborhood, was named the 2019 Residential Project...

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Interra Brokers 1031 Deal for Firestone Location
News 2 weeks ago
Interra Brokers 1031 Deal for Firestone Location

Interra Realty brokered the sale of a Firestone Complete Auto Care at 8801 Skokie Blvd. in Skokie, IL, for $3.7 million through a 1031 exchange....

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Longtime 140 Broadway Tenant SIG Opts for 16 More Years
News 2 weeks ago
Longtime 140 Broadway Tenant SIG Opts for 16 More Years

Susquehanna International Group LLP (SIG) signed a 16-year lease renewal for 52,412 square feet at 140 Broadway in the Financial District. NKF’s...

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JLL Markets Shovel-Ready Site in Indianapolis O-Zone
News 2 weeks ago
JLL Markets Shovel-Ready Site in Indianapolis O-Zone

JLL Capital Markets is offering for sale Waterside, a 91-acre, shovel-ready, urban development opportunity located within a Qualified Opportunity...

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Inbound Investment in U.S. CRE Drops 54% Year-Over-Year
News 2 weeks ago
Inbound Investment in U.S. CRE Drops 54% Year-Over-Year

Outflows from U.S. real estate investors in 2019 exceeded inbound investment into U.S. commercial properties for the first time since 2014, CBRE...

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Hometown America Relocates to 110 N. Wacker
News 2 weeks ago
Hometown America Relocates to 110 N. Wacker

Colliers International | Chicago SVP Michael Marrion represented Hometown America LLC in its 9,443-square-foot lease at Bank of America Tower, 110...

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Fully Leased Flex/Industrial Trades in Branchburg
News 2 weeks ago
Fully Leased Flex/Industrial Trades in Branchburg

DLP Real Estate Capital sold the 42,653-square-foot Fox Hollow Industrial Science Center, a flex/industrial property in Branchburg, NJ, to a...

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Lexington Partners Relocates to 399 Park
News 2 weeks ago
Lexington Partners Relocates to 399 Park

Lexington Partners LP signed a 15-year, two-floor lease for 48,000 square feet at Boston Properties’ 399 Park Ave. The tenant, among the largest...

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Mesa Rim Planning State’s Largest Indoor Climbing Facility
News 2 weeks ago
Mesa Rim Planning State’s Largest Indoor Climbing Facility

Mesa Rim Climbing Centers announced it would develop the state of Texas’ largest indoor climbing, yoga and fitness facility. The 50,000-square-foot...

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Alliance Residential Buys Land, Prepares for 384-Unit MF Development
News 2 weeks ago
Alliance Residential Buys Land, Prepares for 384-Unit MF Development

Alliance Residential struck a deal with Galleria Ventures Ltd. to acquire 16.2 acres east of the University of Texas at San Antonio. The Phoenix...

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Innovation Center in Philly Navy Yard Sells for $61M
News 2 weeks ago
Innovation Center in Philly Navy Yard Sells for $61M

CBRE recently arranged the sale of Axalta’s Global Innovation Center in Philadelphia’s Navy Yard. Apex Capital Investments, a U.S.-based real...

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Interurban Ends Hold on 152-Unit Brownstone Uvalde
News 2 weeks ago
Interurban Ends Hold on 152-Unit Brownstone Uvalde

Interurban Cos. ended its four-year hold on Brownstone Uvalde, a 152-unit multifamily property in the South Texas town of Uvalde. The buyer was 3CM...

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Newport Real Estate Snags 150-Unit Haven at Louetta in Off-Market Transaction
News 2 weeks ago
Newport Real Estate Snags 150-Unit Haven at Louetta in Off-Market Transaction

Newport Real Estate Partners made its second Houston-area acquisition, buying the 150-unit Haven at Louetta in Spring, TX, north of Houston. The...

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Parallel Capital Partner Inks $20M in Leases at Urban Towers
News 2 weeks ago
Parallel Capital Partner Inks $20M in Leases at Urban Towers

Parallel Capital Partners inked deals with three new tenants, Teknion Data, Informa and Abeam Consulting, totaling more than 50,000 square feet at...

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BIG Shopping Centers Trades 219K-SF Shops at Vineyard Village
News 2 weeks ago
BIG Shopping Centers Trades 219K-SF Shops at Vineyard Village

BIG Shopping Centers USA Inc. sold the Shops at Vineyard Village, a 219,379-square-foot shopping center in Euless, TX. The core retail center,...

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Vestar Sells 254K-SF Crossroads Towne Center for $62M
News 2 weeks ago
Vestar Sells 254K-SF Crossroads Towne Center for $62M

Vestar ended its hold on Crossroads Towne Center, a 254,109-square-foot shopping center in Chandler, AZ. The Phoenix-based Vestar sold the center...

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Storm Properties Takes Possession of 144-Unit Del Mar
News 2 weeks ago
Storm Properties Takes Possession of 144-Unit Del Mar

California-based Storm Properties acquired Del Mar, a 144-unit apartment complex on the western edge of Phoenix. The buyer paid seller RK Del Mar...

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