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Analytics Firm Says Open Concept Offices Are Losing Popularity
News 2 weeks ago
Analytics Firm Says Open Concept Offices Are Losing Popularity

Workspaces of today are getting it all wrong, according to Ottawa, Canada-based workspace analytics company Relogix. The firm, which measures more...

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North Charleston Apartment Community Trades for $30M
News 2 weeks ago
North Charleston Apartment Community Trades for $30M

Cushman & Wakefield has arranged the $29.6-million sale of Greenwood at Ashley River, a 280-unit apartment community in North Charleston, SC....

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Report: Commercial Construction Starts Accelerated in Top Metro Areas in 2019
News 2 weeks ago
Report: Commercial Construction Starts Accelerated in Top Metro Areas in 2019

The value of commercial and multifamily construction starts during 2019 in the top 20 metropolitan areas in the U.S. gained 11% and reached $139.6...

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Digital Realty Acquires Clise Stake in Seattle’s Westin Building Exchange
News 2 weeks ago
Digital Realty Acquires Clise Stake in Seattle’s Westin Building Exchange

San Francisco-based Digital Realty is acquiring a 49% ownership interest from Clise Properties. in the Westin Building Exchange in Seattle. The...

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Libertas Lands Acquisition Financing for Portland Property
News 2 weeks ago
Libertas Lands Acquisition Financing for Portland Property

JLL Capital Markets secured $41.39 million in financing for Harrison Square, a 187,000-square-foot office building in Portland’s South Central...

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CIM Group Acquires Baltimore Office Building for $40M
News 2 weeks ago
CIM Group Acquires Baltimore Office Building for $40M

CCIT II, a publicly-registered non-listed real estate investment trust sponsored by affiliates of CIM Group, has acquired a 132,207-square-foot...

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JV Secures 110K-SF of Leases at Logistics Center Near Baltimore
News 2 weeks ago
JV Secures 110K-SF of Leases at Logistics Center Near Baltimore

A joint venture partnership between Atapco Properties Inc. and Chesapeake Real Estate Group has secured two leases totaling 110,000 square feet of...

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Coldwell Banker Commercial Arranges $30M Sale of Gainesville MF Portfolio
News 2 weeks ago
Coldwell Banker Commercial Arranges $30M Sale of Gainesville MF Portfolio

Coldwell Banker Commercial M.M. Parrish Realtors has arranged the $30.3 million sale of a 461-unit multifamily portfolio in Gainesville. Beau Beery...

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Opportunity Zone Investor RevOZ Names Advisory Board
News 2 weeks ago
Opportunity Zone Investor RevOZ Names Advisory Board

Opportunity Zone investor RevOZ has enlisted an Advisory Board to offer strategic counsel to the principals of the company, as they scale their...

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Bakersfield Office Complex Trades for $26M
News 2 weeks ago
Bakersfield Office Complex Trades for $26M

Local Kern County investor Steve Blumer has acquired Bakersfield’s Cal Twin Towers office complex for $26 million from Adler Realty Investments,...

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Kidder Mathews Closes 112K-SF Retail Acquisition for $32M
News 2 weeks ago
Kidder Mathews Closes 112K-SF Retail Acquisition for $32M

A local family investor has acquired a 111,925-square-foot shopping center located at 11452-11568 Telegraph Rd. in Santa Fe Springs for $31.9...

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Connect Retail West: Industry in Transition, Professionals on a Mission
News 2 weeks ago
Connect Retail West: Industry in Transition, Professionals on a Mission

The day has arrived, and Connect Media is excited to host today’s Connect Retail West conference at The Resort at Pelican Hill in Newport Coast, CA...

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Gold Leaf Farming Acquires 36-Acre Bard Valley Date Farm
News 2 weeks ago
Gold Leaf Farming Acquires 36-Acre Bard Valley Date Farm

Gold Leaf Farming has acquired 36-acres of farmland in Imperial County, CA’s Bard Valley with plans to continue operating the property’s mature...

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Corte Madera Multifamily Trades for $21M
News 2 weeks ago
Corte Madera Multifamily Trades for $21M

Parc Marin, a 32-unit boutique rental community in Corte Madera, CA, has sold for $20.5 million, or $640,625 per unit and $636 per square foot....

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C.J. Development Snags 43 Acres, Announces Grand Center at Long Meadow Farms
News 2 weeks ago
C.J. Development Snags 43 Acres, Announces Grand Center at Long Meadow Farms

C.J. Development closed on the buy of 42.7 acres at Grand Parkway and West Bellfort Street in Richmond, TX. The acreage, which will be combined...

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Construction Commences on $118M ASU-Phoenix Residence Hall
News 2 weeks ago
Construction Commences on $118M ASU-Phoenix Residence Hall

Capstone Development Partners broke ground on a $118-million, mixed-use, student-housing project serving students attending Arizona State...

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Construction Begins on 440K-SF HPE Campus
News 2 weeks ago
Construction Begins on 440K-SF HPE Campus

Patrinely Group, USAA Real Estate and CDC Houston officially began construction on Hewlett Packard Enterprise’s (HPE) new campus in Spring, TX. The...

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Beaumont Housing Authority Brings 100 Rental Houses to Market
News 2 weeks ago
Beaumont Housing Authority Brings 100 Rental Houses to Market

The Beaumont Housing Authority (BHA) is gearing up to sell 100 single-family rental houses and four vacant lots. The agency hired Paul A. Lynn &...

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U.S. Credit-Card Debt Rises to Record $930B
News 2 weeks ago
U.S. Credit-Card Debt Rises to Record $930B

Credit-card debt rose to a record $930 billion in Q4 2019, according to information released by the Federal Reserve Bank of New York. The figure is...

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50K SF in New Leases Signed by KBS at Salt Lake Hardware Building
News 2 weeks ago
50K SF in New Leases Signed by KBS at Salt Lake Hardware Building

KBS inked a total of 50,000 square feet of deals at its Salt Lake Hardware Building in downtown Salt Lake City, UT. The new tenants included a...

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Closing Finalized on Riverview Towers, Dual-Branded Hotels Planned
News 2 weeks ago
Closing Finalized on Riverview Towers, Dual-Branded Hotels Planned

Winston Hotels LLC closed on its acquisition of Riverview Towers, a former office building in downtown San Antonio, which was acquired from Primera...

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JV Breaks Ground on South Street Villas
News 2 weeks ago
JV Breaks Ground on South Street Villas

Masonwood Development Corp. joined forces with Trez Capital to begin building South Street Villas, a 10-acre, build-to-rent, garden-style project...

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Urban Genesis Sells 118-Unit Bishop Highline
News 2 weeks ago
Urban Genesis Sells 118-Unit Bishop Highline

Urban Genesis sold Bishop Highline, a 118-unit apartment complex in Dallas’ Bishop Arts District. The Houston-based seller traded the 2018...

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Gramercy Park Development Sites Trade in $41M Off-Market Deal
News 2 weeks ago
Gramercy Park Development Sites Trade in $41M Off-Market Deal

CIM Group has sold two development sites in Gramercy Park for $40.5 million. An undisclosed investment sales team represented CIM and procured the...

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Silver Group Brokers Sale of 4K-SF Retail Property in Virginia
News 2 weeks ago
Silver Group Brokers Sale of 4K-SF Retail Property in Virginia

The Silver Group has brokered the sale of a 4,480-square-foot retail property in Short Pump Town Center in Henrico, VA. The sales price was not...

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Walker & Dunlop Secures $26M Acquisition Loan for Johns Creek MF Property
News 2 weeks ago
Walker & Dunlop Secures $26M Acquisition Loan for Johns Creek MF Property

Walker & Dunlop has secured $26 million in acquisition financing for the Reserve at Johns Creek Walk, a 210-unit multifamily property in the Johns...

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American Landmark Acquires 232-Unit Charleston MF Community
News 2 weeks ago
American Landmark Acquires 232-Unit Charleston MF Community

Multifamily owner-operator American Landmark Apartments has acquired The Tradition at Summerville, a 232-unit multifamily property in the...

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Pensam Provides $56M Bridge Loan for Sarasota Active Adult Community
News 2 weeks ago
Pensam Provides $56M Bridge Loan for Sarasota Active Adult Community

Real estate multifamily lender and investor Pensam has provided a $56 million bridge loan to replace the construction financing for the Floridian...

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Transwestern: Amazon HQ2 Prompts High Demand for Office Space in Metro DC
News 2 weeks ago
Transwestern: Amazon HQ2 Prompts High Demand for Office Space in Metro DC

Commercial real estate in the Washington D.C. metro recorded notable expansion in 2019 due to above-average job growth, robust absorption and...

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Container Traffic Slides on Factory Shutdowns Over Coronavirus
News 2 weeks ago
Container Traffic Slides on Factory Shutdowns Over Coronavirus

With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are expected to see a...

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