Timea-Erika Papp
Timea is a senior writer covering CRE marketing, tech and real estate trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. She has been working in the real estate industry since 2011.
Growing Demand Shapes Miami
South Florida’s favorable tax environment, affordable cost of living and diverse economy contributes to Miami’s reputation of an ever-growing market.
Downtown Charlotte Office Trades for $24M
Somerset Properties acquired the recently renovated 129 West Trade. The asset was 63 percent leased at the time of sale, housing a mix of notable tenants.
Preferred Apartment Communities Buys NC Office Tower
The buyer completed the acquisition of Wells Fargo Capitol Center in Raleigh through its subsidiary, Preferred Office Properties. New York Life Insurance Co. provided the financing.
Downtown Jacksonville Office Trades for $59M
The 23-story building—to be rebranded as VyStar Tower—recently underwent an expansive renovation program that included the addition of a fitness center and tenant lounge.
Rising Rates Fuel Steady Growth in Austin
Although the city’s rapid upswing is starting to come down to earth, the metro’s office market benefits from strong job gains, high occupancy and a moderate pace of development.
CREC Sells Orlando-Area Boutique Office
Heathrow International traded for $10 million, more than double the purchase price of $4.2 million the company paid for the asset five years ago.
JLL to Lease Ashford Portfolio in Houston
The Mission Cos. selected the team of Scott Fikes and Jack Russo to handle leasing efforts for the properties located in the city’s Energy Corridor.
Gearing Up for the 2018 Hurricane Season
Last year’s calamities prompted commercial property owners, contractors, property managers and tenants alike to make early adjustments ahead of the impending storms.
Jacksonville CBD Office Tower Fetches $25M
The 18-story building underwent an expansive improvement program under the management of LNR Partners. The special servicer sold the asset with the help of Ten-X.
Coconut Grove to Welcome Luxury Hotel
The Italian coast-inspired project, which is scheduled for completion in late 2018, will feature a wide array of amenities in the heart of Miami’s historic neighborhood.