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Commercial Real Estate News Feed

September 23
6:30 PM
nytimes Recent Commercial Transactions Notable properties that have been recently listed for sale, sold or leased.
September 23
6:25 PM
wsj Plots & Ploys Ailing retailer Sears said last week it would take out a short-term loan of $400 million to get it through the holiday season. One surprise is where a large chunk of that money ...
September 23
5:59 PM
wsj REITs Prune Their Portfolios in Shift Back to Basics With commercial-property values soaring and investors gravitating toward what they see as companies with stable, predictable returns, REITs increasingly are pruning their ...
September 23
5:09 PM
wsj In the Philippines, a Dream of Green City On land that once belonged to the largest American military base outside the U.S., Arnel Casanova envisages a new type of city for the Philippines.
September 23
5:05 PM
bizjournals Cassidy Turley's top executives on company's sale, future as DTZ A few short years after its founding, Cassidy Turley has emerged as a significant commercial real estate player in the 60 markets where it operates. But the organic growth and ...
September 23
4:59 PM
nytimes Square Feet: The Wrecking Ball Targets a Former Army Base A tightening real estate market in central New Jersey is spurring demand for space in Fort Monmouth, the focus of a revitalization project.
September 23
4:56 PM
bizjournals Details of Hill Country Galleria sale emerge; Weitzman out as leasing rep Details of the sale of the Hill Country Galleria to the California State Teacher’s Retirement System and partner Invesco Real Estate have been slow to leak out, but Tuesday ...
September 23
4:54 PM
bizjournals Cassidy Turley's top executives on company's sale, future as DTZ A few short years after its founding, Cassidy Turley has emerged as a significant commercial real estate player in the 60 markets where it operates. But the organic growth and ...
September 23
4:46 PM
wsj Squatters Welcome Blackstone's Spanish Property Play Blackstone has purchased 40,000 mortgages in the Barcelona area, but the company may find making money out of depressed Spanish real estate is a tough challenge.
September 23
4:13 PM
nytimes The 30-Minute Interview: Eric Benaim Mr. Benaim is the founder, chief executive and president of Modern Spaces, a residential brokerage firm based in Long Island City, Queens.
September 23
4:12 PM
wsj InterContinental to Run L.A. Hotel for Korean Air InterContinental Hotels Group won the rights to manage a 900-room hotel being built atop the Wilshire Grand Center in Los Angeles for owner Korean Air Lines.
September 23
3:17 PM
globest Real Capital Solutions Refis Jacksonville Multifamily JACKSONVILLE, FL--Real Capital Solutions has secured a $16.5-million CMBS loan to refinance its 244-unit Eden's Edge multifamily property here.
September 23
3:10 PM
globest Global Acquires Interest in Four Skilled Nursing Properties ATLANTA--Locally-based Global Healthcare REIT, Inc. reports it has acquired interests in four skilled nursing facilities located in Oklahoma, Arkansas and Georgia.
September 23
2:09 PM
marketwired Joshua Stein Named to 2014 New York "Super Lawyers" List NEW YORK, NY--(Marketwired - Sep 23, 2014) - Commercial real estate attorney Joshua Stein, sole principal and founder of Joshua Stein PLLC, has again been selected for inclusion ...
September 23
1:51 PM
globest Thor, GreenOak Head to UWS...Again NEW YORK CITY--The joint venture partners buy their second multifamily property in the neighborhood, this time on 82nd street.
September 23
1:41 PM
globest Starwood Trades 1372 Broadway to Ross Stores' Affiliate NEW YORK CITY--Starwood Capital Group reports today it has sold the leasehold interest in the 1372 Broadway office building here to an affiliate of Ross Stores, Inc. of Dublin, CA.
September 23
1:39 PM
globest Blanca Hires Backup as Trophy Business Grows MIAMI--Blanca has been growing rapidly in 2014, bringing on former Flagler and Related gurus. Check out who's coming on board now.
September 23
1:34 PM
nreionline 13 'Ghost Malls' from Around the World With Halloween fast on its way, we're presenting 13 "dead malls," each one of them creepy, spooky, mysterious and/or kooky. Have you got a story about a dead mall not mentioned ...
September 23
1:34 PM
globest Bishop Ranch Leasing at 2600 Camino Ramon SAN RAMON, CA--New development offers rare Bay Area opportunity, with up to 1 million square foot workspace in single property.
September 23
1:14 PM
globest Skanska Quits Pacific Park Project NEW YORK CITY--After a bitter dispute that prompted several lawsuits between the contractor and Forest City Ratner Cos., Skanska has terminated its role in building B2, the first ...
September 23
12:58 PM
globest Are Lenders About to Cool on Miami? MIAMI--There's a clear capital markets trend toward funding Miami condo developments. But is this rush about to slow? We asked GTIS Partners' Robert Vahradian in part two of this ...
September 23
12:56 PM
globest Kahane Steps Down as RCAP CEO NEW YORK CITY--Cofounder of AR Capital with Nicholas Schorsch, Kahane has been succeeded by RCAP president Michael Weil, effective immediately.
September 23
12:22 PM
bizjournals Bishop Ranch opens up 1 million square feet of office space for lease Companies vying for large chunks of office space in the East Bay can now eye big openings in San Ramon. Up to 1 million square feet of renovated space in the Bay Area’s largest ...
September 23
12:07 PM
globest Cohen Secures Financing for Colorado Apartments SEATTLE--Zillow reports that the nations hottest sellers markets are on the west coast, and that nationwide, home prices rose 0.1% in Auguest from the month prior, and were up ...
September 23
12:01 PM
globest Cooler Housing Reveals Best Markets SEATTLE--Zillow reports that the nations hottest sellers markets are on the west coast, and that nationwide, home prices rose 0.1% in Auguest from the month prior, and were up ...
September 23
11:45 AM
bizjournals State Farm-anchored Richardson office portfolio sells to Spear Street Capital It's only been a few months since the Galatyn Park office portfolio— with one of the largest blocks of available Class A office space in North Texas — landed on the market in ...
September 23
11:35 AM
globest Retail Users Face Limited Opportunities LOS ANGELES--With vacancy rates dropping, retail tenants no longer have multiple options for new locations, Wilson Retail SVP tells reporter Kelsi Maree Borland in this EXCLUSIVE ...
September 23
11:30 AM
globest Hispanic-Targeted Retail Attracts Investors OXNARD, CA--Loja Real Estate LLC acquires a Hispanic grocery-anchored shopping center for $20 million in an all-cash transaction, GlobeSt.com reports EXCLUSIVELY .
September 23
10:42 AM
globest Xceligent Mounts Aggressive Growth Strategy INDEPENDENCE, MO-The data collection firm has been on a national recruitment tear, and its hiring streak shows no sign of letting up.
September 23
10:38 AM
nreionline 10 Must Reads for the CRE Industry Today (September 23, 2014) A TPG Capital-led group agreed to buy real estate services firm Cassidy Turley, reports CoStar. Rising interest rates will have a negative impact on net lease REITs, according to ...
September 23
10:37 AM
bizjournals Here's why it makes sense for casinos to have incubators and universities For most entrepreneurs, casinos don't come to mind when they’re looking for office space. But incubator space for tech companies and manufacturers is part of the $750 million ...
September 23
10:26 AM
nreionline Five ‘Whys’ for Commercial Real Estate Investing Commercial real estate is a unique asset class that warrants consideration by investors given the many benefits. read more
September 23
9:59 AM
nreionline How to Get the Energy Star Plaque Apartment buildings have a new way to show off how energy efficient they are: an Energy Star score from the U.S. Environmental Protection Agency. If the score is high enough, a ...
September 23
9:51 AM
bizjournals St. E's gets new art, GW gets new Subway and D.C. gets a new high school Let's go straight to the permits this Tuesday: 2500 Benning Road NE: The District will install two double-wide trailers on the grounds of Spingarn High School to serve as ...
September 23
8:49 AM
bizjournals Portland tech realty specialist lands seed funds, plus 2 new board members and execs Portland-based CrowdStreet, a commercial real estate crowdfunding platform, has landed a chunk of seed funding, as well as a pair venture capitalists for its board of ...
September 23
8:46 AM
bizjournals Houston developer expands into property management PM Realty Group LP has specialized in acquiring and developing property for the past 60 years. Today, the Houston-based commercial real estate company leases more than 130 ...
September 23
8:34 AM
globest How Foreign Buyers Impact Retail Trades FULLERTON, CA--HFF's CJ Osbrink tells GlobeSt.com how foreign buyers are winning major retail bids and how domestic buyers can hope to compete with them in this UPDATE .
September 23
8:00 AM
marketwired Google, RealMassive and Auction.com to Lead Panel on Emerging Technologies Top-Level Executives to Address Critical Challenges Facing Commercial Real Estate at the Urban Land Institute's Fall Meeting in New York City
September 23
6:58 AM
bizjournals HFF completes Big Apple deal HFF Inc. has completed the sale of Avalon Chrystie Place, a 14-story, 361-unit luxury apartment community in lower Manhattan to Ashkenazy Acquisition Corp. HFF (NYSE:HF), a ...
September 23
6:46 AM
bizjournals Five things you need to know today, and why I can't stop crying this morning Good morning, Cincinnati! Can I rewind time and decide to attend Oktoberfest Zinzinnati? Because photographer Jenn Prine is killing me with her amazing photos of last weekend's ...
September 23
1:06 AM
globest Sterling Bay Cos. Gets New DPM CHICAGO--Jack Houze takes over property management just as the company completes the purchase of 221 N. LaSalle.
September 23
12:20 AM
globest Value Place Continues Transformation WICHITA, KS--The extended-stay hotel chain has brought in a new cadre of leadership and has now hired a new chief marketing officer.
September 22
11:19 PM
globest Big Players Consolidating Self-Storage MINNEAPOLIS--The Illinois-based storage firm Metro Storage has made a push into Minnesota, and like other big national players, through the economics of scale it should be able to ...
September 22
10:37 PM
wsj Seeing Red Over Pink Neighbors along a block of century-old buildings on Pleasant Avenue in East Harlem will get to vote to choose a new color scheme for developer HAP Investments' new project.
September 22
10:24 PM
globest Shoe City Expands Baltimore Area Footprint BALTIMORE--Athletic footwear and apparel retail chain Shoe City has signed leases for five new stores in the Baltimore area.
September 22
10:19 PM
globest DC Councilman Looks to Help Revive Pennsylvania Ave. Corridor WASHINGTON, DC--DC Councilman Jack Evans is expected to introduce legislation today that would create the District Pennsylvania Avenue Development Corp., to ensure "suitable ...
September 22
10:08 PM
globest US REITs Raise $45B YTD CHARLOTTESVILLE, VA--REITs are favoring debt issuance this year, SNL Financial says.
September 22
10:08 PM
globest Trump Entertainment Looking to Sell Plaza Equipment ATLANTIC CITY, NJ--Trump Entertainment is seeking permission from the bankruptcy court to sell off assets from the recently shuttered Trump Plaza, including furniture and gambling ...
September 22
10:02 PM
globest New Zoning Will Allow Mixed Uses in Office Park KING OF PRUSSIA, PA--The Upper Merion Board of Supervisors voted unanimously last week to adopt a zoning ordinance that will permit mixed-uses in the King of Prussia business park.
September 22
9:46 PM
globest Broker: Value Add Still Pays for Class B Multifamily FAIRFAX, VA--Yes, even with pricing topping $200,000 a unit for Class B apartments, ARA's Drew White tells GlobeSt.com's Erika Morphy.