Barbra Murray
Self-Storage REITs to Merge in $340M Deal
Strategic Storage Trust II will pay holders of Strategic Storage Growth Trust stock a total of $12 per share in cash.
How Does Tech Influence CRE in North America?
Cushman & Wakefield details the top 25 North American tech hubs and their impact on commercial real estate, particularly the office sector.
ULI Forecasts Strong Outlook for CRE Through 2020
Average vacancy rates and rental rate growth, despite a few minute fluctuations here and there, will remain positive for all major sectors.
Knotel Expands NYC Flex Workspace Portfolio
In its latest expansion move in Manhattan, the custom office space provider has signed four new leases totaling 31,973 square feet.
JLL Spark Invests in Tenant Experience Platform
HqO provides building occupants with vital information such as transportation alerts, while landlords gain access to administrative tools and anonymized tenant data that translate into a higher NOI.
Thyssenkrupp Secures $130M Hudson Yards Contract
The Germany-based company will design and install more than 100 elevators and escalators across Related Cos. and Oxford Properties Group’s 18 million-square-foot, mixed-use development on Manhattan’s Far West Side.
Duke Realty Breaks Ground on New Indianapolis HQ
PK Partners LLC is the industrial REIT’s joint venture partner on the 78,000-square-foot office and retail project, which is scheduled for completion in late 2019.
Tikehau Capital to Acquire Leading French CRE Firm
The transaction, which predominantly involves office and retail properties, will increase the alternative asset management and investment group’s portfolio from approximately $3 billion to $8.6 billion.
Azul to Manage 1,600-Key Pinnacle Hotel Portfolio
Under a long-term contract, the hospitality services provider will oversee eight properties in Southern California and Texas, relieving the owner from the task.
What’s Next for Logistics Property?
A new Prologis report examines how anticipated changes in the components of supply chain costs could impact the sector.