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Commercial Real Estate News Feed

October 2
8:43 AM
globest 'Village' Center Opens After $17M Remodel LAGUNA HILLS, CA--In this UPDATE , the Village at Nellie Gail Ranch adds 28,000 square feet of retail space and features the first Southern California location of the Fresh ...
October 2
8:39 AM
globest Retail Success in the Age of Mixed-Use SAN DIEGO--Knowing your demographics, strategically stacking space and bringing the 'human connection' between stores and the community are key, say speakers on ICSC Western ...
October 2
8:00 AM
marketwired Money360 Closes $2 Million Commercial Real Estate Loan on Peer-to-Peer Lending Platform Pioneering Real Estate Peer-To-Peer Lender Has Relaunched Its Online Marketplace Nationwide and Is Actively Sourcing and Closing Loans; Money360 Facilitates Online P2P/Marketplace ...
October 2
7:13 AM
marketwired Mountain High Acquisitions Corp. Expands Management Team -- Appoints Richard G. Stifel as CFO and Director DENVER, CO--(Marketwired - Oct 2, 2014) - Mountain High Acquisitions Corp. ( OTCQB : MYHI ) ("Mountain High" or the "Company"), a strategic real estate holding company whose ...
October 2
6:47 AM
bizjournals HFF completes sunbelt grocery deal HFF Inc. completed the sale of seven properties encompassing 513,723 square feet and spanning four states. The package was dubbed the “sunbelt grocery portfolio” due to the ...
October 2
1:42 AM
globest St. Louis CBD Coming Back to Life ST. LOUIS--JLL has just put the Gateway Tower up for sale, and believes the CBD's falling vacancy rate and the revival of the residential market will bring in a host of potential ...
October 1
11:36 PM
bizjournals Stubborn office vacancies remain high Close to 23 percent of Phoenix’s office buildings remain empty. The regional office vacancy rate stands at 22.9 percent for the third quarter, according to the JLL commercial ...
October 1
10:35 PM
globest NJ Office Markets Remain Flat During 3Q: Cushman & Wakefield Study EAST RUTHERFORD, NJ--New Jersey's office markets remained flat during the third quarter, marking a continued post-recession struggle for the state's 187 million-square-foot ...
October 1
9:23 PM
wsj Buy a Property, Get a Passport With lending still tight in the Caribbean, several island nations are embracing an unorthodox method of financing resort and villa projects: selling citizenship.
October 1
9:23 PM
globest PREIT Installing Solar System at Cherry Hill Mall CHERRY HILL, NJ--Pennsylvania Real Estate Investment has engaged Safari Energy, a solar energy solutions provider, to install a 1,600 kW solar generating system with more than ...
October 1
9:10 PM
globest TA Associates Buys Industrial Asset in Value-add Play ELKRIDGE, MD--Another example of institutional capital targeting industrial assets in the Baltimore-Washington Corridor.
October 1
8:52 PM
globest Hackers May See Gold in Multifamily REITs' Systems NEW YORK CITY--Fitch Ratings says the attack on Essex Property Trust may be the first of other such attacks.
October 1
8:38 PM
globest HFF Hires Director for Healthcare Practice CHICAGO--Phil Mahler will focus on investment sale transactions throughout the US.
October 1
8:29 PM
globest Mid-City Proposes Redevelopment of Brookland Manor WASHINGTON, DC--Mid-City Financial Corp. has begun what will likely be a multi-year approval process on its proposed large-scale mixed-use development to be built at the 20-acre ...
October 1
8:23 PM
globest CBS News Considering New DC HQ WASHINGTON, DC--CBS Corp. is in negotiations with Tishman Speyer LP to build a new headquarters here for its CBS News division at its current site and an adjoining property.
October 1
8:14 PM
globest Groundbreaking Today for East Market St. Project PHILADELPHIA--A host of dignitaries including Lt. Gov. Jim Cawley and Philadelphia Mayor Michael Nutter are expected to be on hand today for the official groundbreaking of the ...
October 1
8:10 PM
globest WRIT Acquires Spring Valley Retail Center for $41M WASHINGTON, DC--This is the REIT's fourth acquisition this year for a total of $300 million.
October 1
8:05 PM
globest Retail Cap Rates Remain at Historic Low CHICAGO--The supply of new product has leveled off, at least for now, and cap rates held steady after a long decline.
October 1
8:04 PM
globest Driscoll Foods to Relocate Distribution Operations to Wayne WAYNE, NJ--Food distribution firm Driscoll Foods is shifting operations currently in Clifton to a new distribution facility it will build at the former Bayer Healthcare campus ...
October 1
6:03 PM
globest Seven Grocery-Anchored Retail Assets Trade ATLANTA--Unique is a good word to describe this grocery-anchored portfolio sale. Get all the details.
October 1
5:51 PM
globest Less Risky Loans Drive Capital Market Trends MIAMI--Why have commercial real estate loans become less risky--and how can real estate investors leverage the trend? GlobeSt.com caught up with Avi Benamu and Jack Hazan, ...
October 1
5:37 PM
globest HPD Creates Affordable Housing Unit NEW YORK CITY--The entity, which will work on land-use review applications and run the city's affordable housing effort, will be led by a newly appointed executive.
October 1
5:34 PM
globest CMBS Late-Pays Head the Right Way Again NEW YORK CITY--September also saw a high volume of defeased loans, says Trepp, including $345 million on the Mall of America in Bloomington, MN.
October 1
4:31 PM
globest Sean Cummings Joins Opus Phoenix Office PHOENIX--The Opus Group announces the addition of Sean Cummings as senior director, real estate development of Opus Development Company, L.L.C.'s Phoenix office.In his new role, ...
October 1
3:56 PM
bizjournals Boston's Seaport District held up as example of how to build a 21st-century city New York-based commercial real estate shop Cushman & Wakefield is using the development of the Seaport District in Boston as a case study for how to capitalize on the new trend ...
October 1
3:55 PM
bizjournals Metro Denver sees record-high office leases; other Q3 real estate highlights Metro Denver's job growth and an influx of investors who want into the market helped boost office space lease rates to an all-time high in the third quarter. Average asking rate ...
October 1
3:51 PM
bizjournals 'Explosive growth' projected for tech tenants in Seattle office space For months commercial real estate brokers have been buzzing about big office leases on the horizon, though details were fuzzy. On Wednesday, the picture became clearer. Joe ...
October 1
3:11 PM
globest Downtown Tucson Attracts Major Office Tenants TUCSON--CBRE recently negotiated long-term office leases with major tenants at One South Church, the landmark building in downtown Tucson. Global engineering firm HDR has leased ...
October 1
3:09 PM
nreionline Indices Show Strong Price Gains in July, Multifamily Leads Way Buyers continued to bid up commercial property prices this spring and summer, according to the latest round of commercial property price indices. But not every property type is ...
October 1
2:48 PM
bizjournals Supervalu will lease offices in Eden Prairie City Hall Supervalu Inc. has a tentative deal to lease 40,400 square feet of vacant office space in the Eden Prairie City Center. The City Council will consider approving the company's ...
October 1
2:24 PM
bizjournals Metro Denver's biggest commercial real estate sales of Q2 (Slideshow) What was the largest office sale in the second quarter of 2014? How about the priciest apartment complex? Using data from public records, the Denver Business Journal has ...
October 1
2:20 PM
globest Starwood to Open Element Three Florida Hotels by 2016 ORLANDO, FL--Hotelier Starwood Hotels & Resorts Worldwide, Inc. of Stamford, CT reports it plans to open the Element Orlando hotel less than a mile from Universal Studios here in ...
October 1
2:20 PM
globest Starwood to Open Three Element Hotels in Florida by 2016 ORLANDO, FL--Hotelier Starwood Hotels & Resorts Worldwide, Inc. of Stamford, CT reports it plans to open the Element Orlando hotel less than a mile from Universal Studios here in ...
October 1
2:18 PM
globest Voit: Office Market Continues to Improve IRVINE, CA--Vacancies are down and rents are rising across Orange County, according to firm's third quarter report, and the industry market is also looking up.
October 1
2:17 PM
globest Young Brokers Get a Voice NASHVILLE--SIOR is increasingly aggressive in its promotion of young professionals. Its upcoming Fall World Conference proves it.
October 1
2:13 PM
globest Haley Boosts MF Portfolio with Five Deals OMAHA, NE--A pair of properties in Newport News, VA comprise the lion's share of the three-state portfolio; locally based Haley plans $3.4 million in capital improvements.
October 1
2:05 PM
bizjournals Delcath Systems relocates corporate headquarters Delcath Systems Inc., an early-stage medical device maker, has relocated its corporate headquarters in New York City. The company is subleasing some office space in New York ...
October 1
1:54 PM
globest Tishman Speyer Buys 183 Madison Ave. NEW YORK CITY--The Midtown South property, spanning more than 250,000 square feet, was sold for $185 million, GlobeSt.com has learned.
October 1
1:31 PM
globest Meet Swire Properties' New CFO MIAMI--Swire Properties, the company behind the billion-dollar Brickell City Centre mixed-use development in Downtown Miami, has a new numbers cruncher. Find out why she fits the ...
October 1
1:23 PM
globest Why Doral Demands More Industrial MIAMI--Brian Sudduth, senior vice president at Miller Construction, shares his thoughts on the latest industrial project in Doral and why more fast-track construction is needed.
October 1
1:17 PM
globest Astorino: NY State Needs 'Radical Reform' NEW YORK CITY--In advance of his keynote address at RealShare New York next week, the Westchester County Executive spelled out specifics of his gubernatorial platform at an ABNY ...
October 1
12:54 PM
globest ARCP Trades Cole Capital to RCAP NEW YORK CITY--The sale will simplify ARCP's business model while adding seven Cole Capital investment programs to the RCAP fold, bolstering its net lease presence.
October 1
12:49 PM
globest Winn and Richey Joining CBRE DENVER--The highly successful institutional investment sales team is coming from Cushman & Wakefield.
October 1
12:46 PM
bizjournals Industrial, commercial leases, rebounding production help Portland's beer economy overflow That the Rose City has for more than three decades now had a solid craft beer scene — and in that a serious economic engine — is nothing new to toast. But what's worth lifting a ...
October 1
12:25 PM
globest Cautious Asian Retailers Look to US CHICAGO--The burgeoning middle class of China is traveling abroad more often and spending more money when they do, and homegrown retailers want to make sure they get a share of ...
October 1
12:19 PM
bizjournals Wally joins CBRE's tenant rep group Chris Wally, founder of Kansas City’s only commercial real estate firm exclusively dedicated to tenant representation, has joined CBRE’s Kansas City office. Wally, who will be ...
October 1
12:19 PM
globest Q&A: Paul Carolan, Le Duff America DALLAS--Paul Carolan is the chief development officer with Dallas-based Le Duff America, a U.S. subsidiary of Groupe Le Duff, the world's second?-largest bakery café restaurant ...
October 1
12:18 PM
globest Karlin Picks Up Retail Assets in Spain and Portugal LONDON--The portfolio of six retail properties is the first outside of the UK for Los Angeles-based investor since entering the European market last year.
October 1
11:57 AM
globest Stem Inc. Awarded Energy Tech Work for Exteded Stay America MILLBRAE, CA--Optimizing services will be implemented in 68 locations for hotel chain.
October 1
11:54 AM
globest Adapting to the new Retail World SAN DIEGO--GlobeSt.com's Natalie Dolce EXCLUSIVELY chats with Matt Winn, global retail COO and head of retail for the Americas at Cushman & Wakefield about the new world of ...