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Commercial Real Estate News Feed

April 28
2:45 AM
globest Gledhill Moves from CBRE to Transwestern CHICAGO--The veteran has more than 20 years of experience and specializes in sustainability.
April 28
1:44 AM
globest SSB Takes 430K in Year's Largest Cincy Deal CINCINNATI--The vacancy rate has sunk to a historic low, and until a new collection of specs get delivered, industrial spaces are hard to find.
April 27
11:24 PM
globest Sales of Luxury Homes Accelerating CHICAGO--Rising prices have given a lot of homeowners the confidence to put their homes on the market and move up to luxury homes.
April 27
10:04 PM
globest What Will Q1 Fundamentals Say About DC's MF Sector? WASHINGTON, DC--Fourth quarter reports made some a little antsy about absorption.
April 27
9:41 PM
globest Freddie Mac Reaches $100B in K-Deals McLEAN, VA--This year the GSE is poised to complete $30 billion in originations, the most ever in a year, Mitch Resnick, VP of Capital Markets, tells GlobeSt.com's Erika Morphy.
April 27
9:01 PM
globest CBRE Brokers Paoli Medical Plaza Sale PAOLI, PA--Paoli Office Park Partners has sold its Paoli Medical Plaza, a medical campus adjacent to Paoli Hospital, to Griffin-American Healthcare REIT III, for an undisclosed ...
April 27
8:33 PM
globest Hollister Leading Trend of Construction for Medical Offices BRIDGEWATER, NJ--Hollister Construction Services has completed the interior fit-out of a facility for pharmaceutical company Insmed Inc., in Bridgewater, NJ. It's the latest ...
April 27
6:13 PM
globest CMBS 2.0 Stays Out of Special Servicing NEW YORK CITY--However, both Fitch Ratings and Trepp note that the largest 2.0 deal to go into special servicing got there earlier this month.
April 27
6:01 PM
globest DPF Acquires City View Portfolio AUSTIN--Dividend Capital Diversified Property Fund Inc. (DPF), a public reporting, daily NAV REIT, has acquired the City View portfolio for $68.75 million. DPF funded the ...
April 27
4:52 PM
bizjournals After $150M sale, eBay has a new landlord in downtown Bellevue One Bellevue Center, a 21-story downtown Bellevue office building that houses eBay, has been sold for $150 million, according to a deed that King County recorded Monday. The ...
April 27
4:35 PM
globest After Breaking Ground for MetLife, Vision and Rubenstein Reflect on Whippany HANOVER TOWNSHIP, NJ–After breaking ground last week, Vision Real Estate Partners, Rubenstein Partners and MetLife reflected on the success of the effort to redevelop the former ...
April 27
4:31 PM
globest Avison Young: Vacancy Froze in Q1 NEW YORK CITY--Several large blocks of space came onto the market, stopping the decline that had been ever present for the past 18 months, reveals a new report obtained ...
April 27
4:25 PM
globest Hudson Yards: "Big Things Still Can Happen in NY" NEW YORK CITY-In a detailed breakdown of Hudson Yards' numerous components, Related VP Michael Samuelian dazzled a Mortgage Bankers Association of NY meeting last week.
April 27
4:18 PM
globest This MF Investor Plans Big Spending in '15 ATLANTA--"2014 was a tremendous year for our firm. We closed 129 multifamily investment sales in the Southeast."
April 27
4:18 PM
globest 20-Property Portfolio Goes for $117M WALNUT CREEK, CA–A medical office building portfolio comprised of 20 radiation oncology centers located in Florida, California, Nevada, West Virginia and Kentucky has sold with a ...
April 27
4:01 PM
globest Wetta Ventures Takes On Midtown Again PHOENIX--Wetta Ventures is redeveloping a prime piece of Camelback Corridor commercial space on the northwest corner of Camelback Road and 20th Street in Phoenix across from The ...
April 27
3:37 PM
globest Berkadia Hires Two In Houston HOUSTON--Berkadia has made two big hires in Houston. Tucker Knight is the firm's new senior vice president and branch manager. Knight, previously with HFF, brings more than 15 ...
April 27
3:22 PM
globest 400 Record Will Get a Facelift DALLAS--400 Record is getting a facelift. The 17-story, 235,000-square-foot building, formerly known as the Belo Building and located at the corner of Wood and Record streets, is ...
April 27
2:55 PM
globest CIM Group Sheds Four Properties ANAHEIM, CA--The transactions part of significant asset sales strategy underway since January for the firm.
April 27
2:17 PM
globest Investors Want Assets Near Employment Hubs GLENDORA, CA--A domestic private investor buys the Glendora Park Place Apartment Homes for its great location near major employment centers.
April 27
2:15 PM
globest Demand Increases for Single-Family Homes THOUSAND OAKS, CA--The New Home Co. opens Twenty Oaks, a gated community of 20 single-family homes, to 500 interested families that toured the two model properties.
April 27
2:12 PM
globest Inland Empire Office Market Improves ONTARIO, CA--Buchanan Street Partners buys a two-building office property in the Inland Empire after seeing occupancies tighten and rents firm, GlobeSt.com reports EXCLUSIVELY .
April 27
1:57 PM
globest Three Legs of the New Capital Structure MIAMI--"When the great recession ended several lenders were not entirely comfortable with the new purchaser deposit structure."
April 27
1:50 PM
globest Rare Retail Center Sells for $54M MIAMI--"Opportunities of this quality in South Florida are rare and Wellington Green Commons should remain a dominant and highly productive center for years to come."
April 27
1:03 PM
globest REITs' ATM Fundraising Skyrockets CHARLOTTESVILLE, VA--Whether quarter over quarter or year over year, the numbers all show at-the-market programs getting bigger, even if fewer REITs initiate them, SNL Financial ...
April 27
1:03 PM
globest Troubled Three Borough Pool to Trade NEW YORK CITY--Part of the bankrupt portfolio has been sold to Black Spruce Management, report says.
April 27
12:35 PM
bizjournals Waffle House buys Third Avenue North site Waffle House has closed on the site that will bring the popular 24/7 chain to downtown Birmingham. Evan Dujanovic, a broker with Commercial Property Services Inc., said this week ...
April 27
12:35 PM
globest Tootell Heads to Transwestern NEW YORK CITY--The owner's representative--who had been a managing director at NGKF--will oversee agency leasing in Manhattan as partner.
April 27
12:21 PM
globest Retail: It's All About Service, Says ICSC's Kercheval LAS VEGAS--Leading up to RECon '15, ICSC chief Michael Kercheval dishes with GlobeSt.com about politicians, Internet's growing brick-and-mortar need and bell-ringing stats from ...
April 27
11:52 AM
bizjournals Downtown office tower trades hands A 21-story office building in downtown Houston has traded hands, despite concerns that low oil prices would slow the commercial real estate market. HFF marketed 801 Travis on ...
April 27
11:37 AM
globest Inland American Becomes InvenTrust Properties LOS ANGELES--Inland American Real Estate Trust develops an independent brand as InvenTrust Properties Corp., Thomas P. McGuinness, the firm's president and CEO tells us in this ...
April 27
11:34 AM
globest Kushner Cos. Arranged Nearly $400M in Q1 Financing NEW YORK CITY--Working with a diverse array of lenders, the firm locked in low interest rates as it completed several acquisitions and refinancings.
April 27
9:50 AM
bizjournals Good office space is hard to find outside lagging downtown St. Louis market This story is a part of the St. Louis Business Journal’s real estate focus that appears in the April 24 issue. For an in-depth look at the homebuilding, construction, rental ...
April 27
9:24 AM
globest How Federal City Property Financed Its Kalorama MF WASHINGTON, DC--Federal City plans an extensive renovation of this nine-story apartment building.
April 27
9:21 AM
nreionline 10 Must Reads for the CRE Industry Today (April 27, 2015) Building and Land Technology acquired Atlanta's landmark office complex Concourse Corporate Center, plus a prime parcel of land, for $489 million from Regent Partners, Commercial ...
April 27
9:06 AM
globest Seattle Developer Enters DC Area with Ashburn Purchase ASHBURN, VA--Security Property has acquired Grove at Flynn's Crossing from Aspen Square using Fannie Mae debt as financing.
April 27
8:42 AM
globest Why So Few Builds in Rancho Sante Fe? SAN DIEGO--This affluent community has a lack of developable land and a strict approval process, making the construction of Palma de la Reina an especially rare occurrence, ...
April 27
8:38 AM
globest Why Buyers are Eyeing Auto-Parts Stores IRVINE, CA--Tenants' commitment to the location is one reason why these assets are the most sought-after among 1031 buyers, HIG's Jeremy McChesney tells GlobeSt.com EXCLUSIVELY ...
April 27
8:32 AM
globest Apartment Turnover Rates Will Keep Increasing IRVINE, CA--In this EXCLUSIVE discussion with MF execs, Passco Cos.' Jeff Olshan tells GlobeSt.com more turnover is inevitable if the economy continues to improve and ...
April 27
8:00 AM
bizjournals Brookdale Senior Living, activist investor strike deal An activist investor has been pushing for new board members at Brentwood-based Brookdale Senior Living, and on Friday, it saw its wish fulfilled. Brookdale (NYSE: BKD) announced ...
April 27
7:13 AM
nreionline Five Foreign Capital Trends in the U.S. Commercial Real Estate Market Brian Ward With foreign capital flowing back in to the U.S. commercial real estate market in a substantial way, we are taking a look at the longer-term view of factors ...
April 27
7:00 AM
nreionline The Rise of Micro-Unit Apartments Micro-units—rental apartments about the size of a hotel room—represent a small but growing niche of the real estate multi-housing market. read more
April 27
7:00 AM
nreionline Seniors Property Numbers Dip, But Trends Still Point Positive Surprisingly, occupancy for seniors housing dipped down in the first quarter of 2015, despite positive industry fundamentals, strong competition for space and still-muted ...
April 27
6:55 AM
bizjournals Power 100: Suzie Aron Suzie Aron was a guiding force behind the rebirth of the Crossroads Arts District as one of Kansas City's most vibrant neighborhoods. The commercial real estate broker has worked ...
April 27
6:51 AM
globest Miami Emerges as Promising Tech Cluster MIAMI--Miami, long known as the gateway to Latin America, is fast becoming the technology hub of the region, according to CBRE. Get all the details.
April 27
6:38 AM
globest Skanska Veteran Rejoins Firm During Growth Phase MIAMI--Skanska is certainly growing its presence in Florida. Skanska and HOK won a $122.5 million airport deal in Tampa in late 2014 and signed a $101 million contract to build ...
April 27
6:02 AM
bizjournals Multifamily development driven by occupancy, rental rates The Memphis office of Financial Federal Bank has arranged more than $44 million in construction, acquisition and long-term financing for three multifamily developments in the past ...
April 27
1:40 AM
globest GBT Realty Delivers 600K of Retail LOUISVILLE--The developer has nearly filled up the two centers in Louisville and one in the suburbs.
April 26
11:25 PM
globest Molto Launching Another Suburban Spec CHICAGO--Demand for space in the I-55 Corridor remains robust, and rental rates have recovered enough to make new projects feasible.
April 26
9:42 PM
globest South Side Transforming Into Distribution Hub CHICAGO--The arrival of Google and legions of office workers in the West Loop has distributors looking for space in new neighborhoods.