Business Specialties
CVS Building in Connecticut Changes Hands for $30M
Midwood Investment & Development sold the retail property, which is triple-net leased to the pharmacy giant through 2038. The area is one of the most prestigious retail corridors on the east coast.
Carr Properties Takes Majority Stake in 1 MSF Boston Project
After initially dividing ownership equally with National Real Estate Advisors, the company has increased its stake in the asset to 75 percent.
Industrial Vacancy to Stay Near Historic Lows
High demand, low supply and rising rents seen in the second quarter will likely persist through year’s end, according to Prologis.
Energy Choices, Climate Change and Risk Management
Byron Carlock of PwC on how managing the risks of climate change is influenced by owners’ energy choices and ESG strategies.
Inland Empire Office Park Changes Hands
Buyer Olmax Corp. financed the acquisition of the 65,000-square-foot Class B asset with a $3 million loan from Citizens Business Bank.
BKM Capital Partners Hits Milestone With $111M Las Vegas Buy
The purchase of the 13-building industrial property marks the California firm’s largest to date. Pacific Business Center was 85 percent leased at the time of sale.
Solar Power’s Top 10 Corporate Customers
Surprises as well as familiar names mark the annual ranking by the Solar Energy Industries Association.
Duke Energy to Add 350MW to Oklahoma Wind Park
Upon completion, which is slated for December 2020, Frontier I and II will generate a total of 550 megawatts of wind energy.
Proptech Continues to Ride High
The industry’s upward trajectory is expected to persist even if an economic downturn takes hold, according to MetaProp’s new mid-year global confidence index.
A Deep Dive Into Chicago’s Hottest Office Submarket
CBRE Chicago Chairman Robert Wislow discusses how the Fulton East project complements one of the metro’s most vibrant areas: Fulton Market.