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Commercial Real Estate News Feed

November 27
1:01 AM
google BP Podcast 098: Value-Add Investing and Doing $1 Billion in Real Estate Transactions with Allan Glass What does it take to buy, sell, and broker over $1,000,000,000 in real estate? That’s what you’ll discover in today’s podcast episode when we sit down with Allan ...
November 26
10:10 PM
reuters Dalian Wanda to seek HK approval for up to $6 billion IPO on Monday: IFR HONG KONG (Reuters) - Chinese real estate developer Dalian Wanda Commercial Properties, a unit of billionaire Wang Jianlin's Dalian Wanda Group, will seek approval from Hong ...
November 26
4:20 PM
bizjournals Sale of Maui Lu Resort closes, reportedly for more than $60 million Maxxam Enterprises, a Bevery Hills, California-based commercial real estate investment firm, recently closed the sale the Maui Lu Resort to Japan-based Capbridge Group, according ...
November 26
3:20 PM
bizjournals Albuquerque apartment vacancy rate one of the best in U.S. A national commercial real estate group gave Albuquerque some notable kudos this month. The Chicago-based Certified Commercial Investment Member (CCIM) organization says its most ...
November 26
2:59 PM
bizjournals Greg Johnson talks about Wright Runstad's one big miss: PacMed tower In its 42-year history, Seattle commercial real estate company Wright Runstad has lost just one project: The Pacific Medical Center tower that was once Amazon.com's ...
November 26
2:35 PM
bizjournals Rupp to remain involved in auction business as J.P. Weigand president John Rupp is preparing for a new role with J.P. Weigand & Sons Inc., but he's not giving up his duties as a commercial real estate agent. Rupp, an auctioneer who specializes in ...
November 26
2:15 PM
bizjournals Illinois investor buys Flower Mound retail property An Illinois-based real estate investor has bought Highlands Plaza II, a retail shopping center near The Shops at Highland Village in Flower Mound for an undisclosed sum. The ...
November 26
1:36 PM
bizjournals An inside look at Lucy Billingsley's next $100 million in projects Lucy Billingsley has been a busy woman with projects such as the $3.5 billion Cypress Waters corporate hub, landing big tenants like EnLink at One Arts Plaza and developing Mercer ...
November 26
1:23 PM
bizjournals Meet 10 Portland designers that make the city's coolest office spaces (Photos) Pet portals. Drop-down ceiling monitors. Spa-like showers. Million-dollar mountain views. Some of the coolest office spaces in Portland, which the Business Journal has cataloged ...
November 26
1:06 PM
globest UCLA Wins NAIOP Silver Shovel Award LOS ANGELES--The five-member graduate student team imagines a mixed-use development on a 21-acre site to beat out USC for the prestigious award at the annual NAIOP SoCal Real ...
November 26
1:02 PM
globest Parkmerced Development Gets Investor Interest SAN FRANCISCO--In a deal that valued the sprawling Parkmerced housing development at more than $1.35 billion, a group of New York investors, led by Mark Karasick bought the ...
November 26
12:57 PM
bizjournals Rookwood Pottery owner plans $75 million development in Over-the-Rhine Martin Wade has big plans for a corner of Cincinnati's Over-the-Rhine neighborhood. Big might be an understatement. Wade, the owner of Rookwood Pottery Co., plans to develop a ...
November 26
11:42 AM
bizjournals Newmark Grubb Phoenix adds new senior VP Veteran commercial real estate executive F. Logan Holz is joining Newmark Grubb Phoenix Realty Group as senior vice president, the company said today in a news release. Holz ...
November 26
11:16 AM
globest Blanca Brings Cresa Marketing Guru on Board MIAMI--Blanca Commercial Real Estate continues adding to its talent roster. Find out who the firm just added to its marketing team.
November 26
9:59 AM
globest Steadfast Spends $49M on Atlanta Multifamily ATLANTA--Steadfast spent $99 million on the 696-unit Residences at McGinnis Ferry in Suwanee--30 miles northeast of Downtown Atlanta. Now, the firm is moving into Kennesaw. Get ...
November 26
9:50 AM
nreionline 10 Must Reads for the CRE Industry Today (November 26, 2014) Some of the biggest CMBS originators in the U.S., including Deutsche Bank AG , Bank of America Merrill Lynch and Goldman Sachs Group Inc., are ramping up in Europe. This year’s ...
November 26
9:46 AM
nreionline Are Big Stores Making Forever 21 Falter? The chain is the fifth largest specialty retailer in the nation, and recent speculation about the poor performance of its bigger stores has the industry buzzing about the ...
November 26
9:38 AM
globest SoCal Logistics Center Changes Hands ONTARIO, CA--Ontario Pacific Business Center is a 246,097 SF multi-tenant distribution center adjacent to San Bernardino County freeways.
November 26
9:22 AM
globest Pantzer Properties Buys Seven Oaks for $47M ODENTON, MD--Freddie Mac is providing the ten-year loan, which was arranged by CBRE.
November 26
9:21 AM
nreionline The Truth Shall Set Us Free: Appraisers Serve a Vital Role in U.S. Economy Real estate appraisers play a critical role in protecting that transparency and defending against corruption by providing unbiased, high quality and independent property ...
November 26
9:10 AM
globest Zillow Expands Headquarters SEATTLE--Growing company will become the largest tenant in Seattle's iconic 42-story Russell Investments Center.
November 26
9:00 AM
nreionline Driving Up Value in Urban Retail Settings Still a Tough Development Proposition Ask most retail real estate investors about their ideal set-up and they’ll tell you they want a class-A property featuring credit tenants, signed to long-term leases with rental ...
November 26
8:27 AM
globest Shopoff Adds Land Acquisition Specialist IRVINE, CA--Joseph Reed joins the firm as VP of land acquisition, bringing his expertise in residential, mixed-use, retail, multifamily and master-planned communities to the ...
November 26
8:22 AM
globest Average Days to Flip Decreases Slightly IRVINE, CA--Supply and demand, in addition to the extent of the rehab being done on a home, are the factors that impact how long it takes to flip a home, RealtyTrac's Daren ...
November 26
6:35 AM
bizjournals Flea World in Sanford may undergo major redevelopment One of the country's largest open-air mall is in line for a major redevelopment that would include creating residential, retail and office space. The owner of Flea World in ...
November 26
5:00 AM
bizjournals Newly completed industrial property sold for $27M The recently completed Bridge Point - Port 95 industrial complex was sold for $26.7 million, or $116 per square foot. The property at 2650 S.W. 36th Street in Dania Beach was ...
November 26
2:31 AM
globest Suburban Dunkin' Donuts Trades Hands CHICAGO--The property had a number of qualities that investors want, and traded at full price.
November 26
1:40 AM
globest Georgetown Commits Long-Term to K2 CHICAGO--In this UPDATE , Adam Flatto tells GlobeSt.com that the purchase of K2 was a decades-long commitment.
November 25
10:59 PM
globest US Investment Looking Good for 4Q CHICAGO--In this UPDATE , investors in US commercial real estate set a post-crisis record in the first three quarters, and DTZ experts say the fourth could also see a post-crisis ...
November 25
10:31 PM
costar Miracle on 34th Street: Amazon Signs 470,000-SF Office Lease in Manhattan Amazon.com has signed a lease for 470,000 square feet of office space at 7 W. 34th Street in New York City - an early present for the team at Vornado Realty Trust (NYSE: VNO), ...
November 25
9:38 PM
globest Bankruptcy Auction Set for Jackson, NJ Developable Land JACKSON, NJ--Two real estate parcels totaling 355 acres in Ocean County, NJ's Jackson Township – fully approved for 902 age restricted homes -- are scheduled to be offered at ...
November 25
9:22 PM
globest CenterPoint Taps Cassidy Turley to Market Newark Industrial NEWARK, NJ--Cassidy Turley will exclusively market and lease 896 Frelinghuysen Avenue, an 82,360 square foot industrial facility, for its owner, CenterPoint Properties.
November 25
9:10 PM
wsj Mortgage Lending Falls New figures released by the Federal Reserve Bank of New York show mortgage lending is running at its lowest level in 13 years, with 2014 on pace to be the weakest for new loans ...
November 25
9:05 PM
globest ARC Purchase Sets Price Record for PA Lowe's Location SHIPPENSBURG, PA--ARC Real Estate Group, a private, New York-based family office, acquired a 139,535-square-foot, single-tenant, triple net-leased retail property fully occupied ...
November 25
8:45 PM
globest Cisco Takes 97,128 SF in Howard County COLUMBIA, MD--Cisco Systems Inc. has decided to shift about 300 workers out of five Columbia buildings into a new operations center in Maple Lawn.
November 25
8:35 PM
globest Hampshire Properties Buys Seasons at Bel Air BEL AIR, MD--Brooklyn, NY-based Hampshire Properties has acquired the 732-unit Seasons at Bel Air apartment property here for $80 million.
November 25
8:25 PM
globest 2 Local Asset Trade in GCEAR, Signature $3B REIT Deal WASHINGTON, DC--South Lake at Dulles Corner in Herndon and the Franklin Center Building in Columbia, MD are among the assets trading in this deal.
November 25
6:22 PM
nytimes Recent Commercial Transactions Notable properties that have been recently listed for sale, sold or leased.
November 25
6:21 PM
globest CBRE Honored at Annual TOBY Awards PHOENIX--CBRE was recently honored at the Phoenix chapter of the Building Owners and Managers Association's Annual TOBY Awards. The award, which stands for The Outstanding ...
November 25
6:15 PM
globest Trump Entertainment, Atlantic City Reach Tax Deal ATLANTIC CITY, NJ--Trump Entertainment and Atlantic City reached an agreement on Tuesday that allows the city to recoup $22 million in unpaid taxes on the Taj Mahal and Trump ...
November 25
5:30 PM
globest Cassidy Turley Closes Mesa Multifamily PHOENIX--Cassidy Turley announces the sale of Newport Mesa, a 156-unit apartment community in Mesa. Southern Avenue 156 Community, LLC purchased the property from Newport Mesa ...
November 25
5:10 PM
wsj Investor Group Gets Behind Big San Francisco Development A group of New York investors has bought the majority interest in San Francisco’s Parkmerced from private-equity firms Fortress Investment Group and Rockpoint Group in a deal that ...
November 25
4:34 PM
globest NYCREW Takes On Building Management NEW YORK CITY--In a discussion that was enlightening for industry professionals and studens alike, professionals in the field talked about their experiences in a NYCREW panel.
November 25
4:30 PM
globest Apartment Sales Could Edge Past '07 Totals LOS ANGELES--Demand for apartments is still exceeding new supply, bringing the vacancy rate nationwide down 60 basis points below the long-term average, says CBRE.
November 25
4:03 PM
wsj New York Office Towers Pop Up Despite Sluggish Market Developers are planning new Manhattan office buildings at the fastest rate in two decades despite sluggish demand for space, a gamble that tenants will favor gleaming new ...
November 25
3:54 PM
nytimes Square Feet: In Moscow, a Financial District in Name Only Moscow City was envisioned as a hub of emerging market finance, but Russia’s recent sanctions and economic troubles have kept buildings largely empty.
November 25
3:41 PM
wsj CMBS Make a Comeback in Europe The rebound in the U.S. commercial mortgage-backed securities market appears to be spreading across the pond.
November 25
3:39 PM
globest How to Pick the Right JV-Equity Partner ATLANTA--GlobeSt.com caught up with Gary Saykaly, director of Franklin Street's Atlanta office, to get his take on the biggest mistake developers make in part three of this ...
November 25
3:38 PM
nytimes The 30-Minute Interview: Kenneth P. Martin Mr. Martin is the chief executive and president of REMCO, a company that provides building restoration and maintenance services.
November 25
3:35 PM
globest Bal Harbour Condo Targets Rich Foreigners MIAMI--The Argentine-based real estate development company behind Oceana Bal Harbour is doing its best to bring foreign buyers to the Miami submarket.