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Commercial Real Estate News Feed

January 30
12:00 AM
bizjournals We are looking for the best projects and people in commercial real estate The San Antonio Business Journal has added something we believe was missing from our annual awards program that recognizes excellence in commercial real estate projects and deals ...
January 29
7:59 PM
nytimes DealBook: Blackstone’s Falling Earnings Still Beat Forecasts Economic net income from private equity nearly doubled, but the firm reported declines in its real estate and credit businesses.
January 29
4:29 PM
bizjournals BB&T sells repossessed Lantana property at 58% discount Branch Banking & Trust Co. unloaded a group of commercial properties in Lantana at a 58 percent discount to their foreclosed mortgage. The bank (NYSE: BBT) seized the neighboring ...
January 29
4:11 PM
bizjournals Roger Staubach is picking the Pats, and that's good news for Seattle Based on commercial real estate data, football legend Roger Staubach predicts the New England Patriots will defeat the Seahawks in the Super Bowl. Seattle commercial real estate ...
January 29
3:56 PM
globest Montage Laguna Beach Resort Brings $360M LAGUNA BEACH, CA--Strategic Hotels & Resorts, Inc. has acquired the 250-room resort overlooking the Pacific.
January 29
3:53 PM
globest Walnut Creek Multifamily Portfolio Trades WALNUT CREEK, CA--Decron Properties, bullish on the Bay Area, has acquired Creekside Glenn and Cypress Creek properties for $63 million.
January 29
2:37 PM
bizjournals EBZ SysTec buys large McCalla warehouse space A Birmingham auto supplier is expanding. EBZ Systec Inc. has acquired a 68,000-square-foot facility at 22251 Diesel Drive in McCalla. The financial details of the transaction ...
January 29
1:44 PM
globest 3-Property Retail Portfolio Fetches $109M LOS ANGELES--Decron Corp. sells three Southern California shopping centers totaling 370,453 square feet to Retail Opportunity Investment Corporation, a public REIT.
January 29
1:40 PM
globest These Apps Change the Hotel Game LOS ANGELES--At ALIS 2015, the founders of HotelTonight and of HomeAway talk about how they disrupted the hotel industry by removing the friction points.
January 29
1:29 PM
globest WPC Makes More Self-Storage Deals NEW YORK CITY--The seven latest acquisitions brought W. P. Carey's investments in the self-storage sector to more than $100 million for 2014.
January 29
1:18 PM
globest MetLife Hits New High on CRE Loans NEW YORK CITY--The current year "will offer ample opportunities for equity deals for institutional investors," says Robert Merck, MetLife's global head of real estate investments.
January 29
1:08 PM
globest SIR, Cole Corporate Finalize Merger NEWTON, MA--"This acquisition significantly diversifies the company and enhances all of our key portfolio metrics," says Select Income's David Blackman, who now presides over a ...
January 29
1:03 PM
bizjournals In one-off deal, Duke Realty sells ABB headquarters building for $20.6M Not meaning to muddy the waters, but the Raleigh office for the CBRE commercial real estate brokerage firm announced Thursday that Duke Realty Corp. (NYSE: DRE) has sold its ...
January 29
1:01 PM
globest DRE Trades Suburban Portfolio to Starwood Capital INDIANAPOLIS--The 62-property sale marks a continuation of the REIT's strategy to reduce its exposure to suburban office, CEO Denny Oklak said Wednesday.
January 29
1:00 PM
bizjournals Duke Realty shedding entire Nashville office portfolio One of Nashville's largest office landlords is selling its entire regional portfolio, totaling more than 1 million square feet of office space. Duke Realty Corp. (NYSE: DRE) ...
January 29
12:52 PM
bizjournals Low oil prices to hit Energy Corridor hardest, but will benefit other areas Despite the oil slump's effect on Houston, certain parts of the city will be able to weather the storm more so than others. In fact, commercial real estate in parts of Houston ...
January 29
12:52 PM
bizjournals Real estate investor adds to Oregon/SW Washington empire Harsch Investment Properties has added to its real estate empire with the acquisition of a 240,000-square-foot industrial property in Sumner, Wash. The privately held real estate ...
January 29
12:46 PM
nytimes DealBook: Weiss Fight Is Over, but Wall Street Animosity Lingers The drive by Senator Elizabeth Warren to derail the nomination of Antonio Weiss for a Treasury post highlights a vitriol toward bankers that risks becoming counterproductive.
January 29
12:46 PM
globest Real Estate Powers Record Metrics for Blackstone NEW YORK CITY--The asset management giant raised $9.7 billion of new capital in the real estate space during 2014, but may beat that tally with a single fund this year.
January 29
12:44 PM
wsj Two-Tier Economy Reshapes U.S. Marketplace The advance of wealthy households, while middle- and lower-income Americans struggle, is reshaping markets for everything from housing to clothing to beer.
January 29
12:29 PM
globest Cushman Hires Rudes from Cresa NEW YORK CITY--A Downtown broker with two decades of CRE experience, Rudes is one of several recent major hires by the real estate services firm.
January 29
11:33 AM
bizjournals Hey, Seattle: NFL great Roger Staubach picked the Pats Deflategate, schmflategate. Ballsghazi, schmallsgazi. Tom Brady's cold... well, we can't write that off quite yet. (Feel better, Tom.) The fact remains that Roger Staubach — ...
January 29
11:15 AM
bizjournals Charlotte's apartment vacancy rate increases to 5.1% in fourth quarter Charlotte's apartment vacancy rate increased to 5.1% during the fourth quarter, up from 4.9% in the third quarter and 4.6% a year earlier, according to commercial real estate ...
January 29
10:51 AM
bizjournals From flipping office towers to adaptive reuse, NAIOP Tampa Bay picks best real estate deals of 2014 Tampa Bay's biggest commercial real estate deals and dealmakers of 2014 were honored Wednesday by NAIOP Tampa Bay. Chuck Davis, managing director of Southeast region for MetLife ...
January 29
10:23 AM
globest Attorneys Point to 4 CRE Trends to Watch MIAMI--I reached out to Holland & Knight to get a sense of what its attorneys see coming down the pike in 2015. Do you agree with these predictions?
January 29
10:18 AM
globest Columbia Making Major Moves in NYC ATLANTA--Columbia plans to wring every dime of value out of 315 South Park Avenue--and the property trust is getting some help to make it happen.
January 29
10:17 AM
globest Local, National New Heads for C&W Occupier Opps WASHINGTON, DC--Locally, Tom Rogers joins from CBRE and plans to focus on growing the services C&W provides to occupier clients in Northern Virginia.
January 29
9:56 AM
globest Level 2 Files PUD for Mixed-Use Project WASHINGTON, DC--The project is a mixed-use community located near the burgeoning Union Market district.
January 29
9:47 AM
globest 700 Broadway Changes Hands DENVER--The 13-story 427,757 square foot multi-tenant office building is 100% occupied.
January 29
9:36 AM
bizjournals You know that cool vacant building on South Congress? It's been sold An iconic South Austin building that's been vacant for years has been purchased by the budding real estate titans who recently bought the Austin Music Hall. Cielo Property Group, ...
January 29
9:36 AM
globest Multi-Tenant Industrial Property Trades SUMNER, WA--Portland-based Harsch Investment has purchased the 240,000 square foot industrial business park.
January 29
9:34 AM
bizjournals EXCLUSIVE: Growing HR company moving its Cincinnati-area headquarters HumaCare Inc., a growing human resources company, is moving its corporate headquarters to Deerfield Township from Loveland. The 48-employee company, which also has an office in ...
January 29
9:29 AM
nreionline Will Crowdfunding Attract Private Investors to 3 WTC? Any member of the general public can own a piece of 3 World Trade Center, an 80-story, 2.5 million-sq.-ft. office tower designed by Pritzker Prize-winning architect Richard ...
January 29
9:25 AM
nytimes DealBook: Canary Wharf Owner’s Largest Shareholders Back Acquisition Bid The support means that Qatar’s sovereign wealth fund and Brookfield Property Partners are likely to succeed in their $3.9 billion bid for Songbird Estates, which controls the ...
January 29
9:25 AM
wsj Malls Get Boost From Tech Stores Apple, Microsoft, Tesla and other high-tech companies are drawing customers to U.S. shopping malls, helping to drive their bottom lines.
January 29
9:21 AM
nytimes DealBook: Morning Agenda: Yahoo as Takeover Target Spinning off its stake in Alibaba may make Yahoo a takeover target. |Deutsche Bank swings to profit. | McDonald’s replaces its chief executive. | A push for a greater government ...
January 29
9:15 AM
nreionline 10 Must Reads for the CRE Industry Today (January 29, 2015) Ivanhoe Cambridge bought a multifamily portfolio in San Francisco, reports IP Real Estate. Blackstone reported declines in its real estate business in the fourth quarter, ...
January 29
9:08 AM
nreionline Target’s Canadian Disaster: What Will it Mean for Future Retail Expansion? Coming relatively soon after Tesco’s rather disastrous foray into U.S. retailing with Fresh & Easy, the obvious question is why did this happen and what impact will it have on ...
January 29
8:44 AM
globest Trotter: CRE's Momentum Rolls On NORWALK, CT--And the fundamentals in the market suggest it will not let up anytime soon, says Brad Trotter in this EXCLUSIVE interview with GlobeSt.com.
January 29
8:05 AM
nreionline Retail Development Nears Peak Level Retail development in 2014 neared the peak level seen during the last economic expansion, and the frantic pace will continue throughout this year. read more
January 29
6:13 AM
bizjournals Weil makes room for new Dallas legal player within its Crescent address Law firm Wiel, Gotshal & Manges has subleased a portion of its Dallas office to Chicago-based Schiff Hardin LLP to house its new Dallas office, which is currently made up of a ...
January 29
5:58 AM
globest Trump Entertainment Secures Financing; Revel Gets Tax Break ATLANTIC CITY, NJ--A bankruptcy judge approved debtor-in-possession financing totaling $20 million for Trump Entertainment by investor Carl Icahn on Wednesday.
January 29
5:46 AM
globest Former Trump Tower Waterfront Project Site for Sale PHILADELPHIA--The Delaware River waterfront development site dubbed Pier 35 ½ that was to be home to a high-rise Trump Tower is on the market for sale.
January 29
1:19 AM
globest Akara Partners Unveils Fulton District Project CHICAGO--A collection of vacant buildings that blighted the neighborhood for years will give way to 227 apartment units.
January 28
10:43 PM
costar On a Roll, U.S. Office Market Demand Expected to Stay Strong Through 2016 With vacancies falling and rents rising in growing numbers of submarkets and slices within the U.S. office sector, demand for office space is expected to remain at post-recession ...
January 28
10:11 PM
globest Exclusive Agency Assignments for Kislak, Winick, and NAI Mertz Several brokers got exclusive assignments to market properties in Paterson, Fort Lee, and Pennsauken recently.
January 28
9:46 PM
globest Berkeley Secures $15M for Cedarhurst ST. LOUIS--Many providers of seniors housing want to expand, and this refinance will help Cedarhurst of Shiloh build independent living cottages.
January 28
9:11 PM
globest Philadelphia Fed: Manufacturing Activity Slowed in January PHILADELPHIA, PA--Manufacturing activity in the Philadelphia region increased modestly in January, according to firms responding to the Philadelphia Fed's Manufacturing Business ...
January 28
8:32 PM
globest Tishman Puts Arlington Tower on the Market For Sale ARLINGTON, VA--Tishman Speyer has put its Arlington Tower office building on the market for sale after completing a multi-million dollar renovation program at the 19-story ...
January 28
8:25 PM
globest REI Store to Open Next Year at Uline Arena WASHINGTON, DC--Outdoor retailer REI will open its DC flagship store at the Uline Arena in NoMa in late 2016.