Business Specialties
St. Louis Mall Changes Hands
Hull Property Group picked up the 1.3 million-square-foot Chesterfield Mall, opened in 1976, from C-III Capital Partners, which took control of the asset after a foreclosure action in 2016.
Silicon Valley Storage Facilities Sell for $25M
Marcus & Millichap’s Levin Johnston and National Self Storage Group arranged the sale of two properties located in Los Gatos.
Phillips Edison, Grocery Center REIT II to Merge
The consolidation, which is expected to be completed in the fourth quarter, will create one of the largest grocery-anchored shopping center portfolios, worth more than $6 billion.
Dedeaux Sells 7-Building LA Industrial Campus
DAUM Commercial Real Estate Services represented the seller in the individual dispositions of the freestanding buildings in Echelon Business Park. They range from 27,438 to 43,166 square feet.
CA Ventures Launches Industrial Division
The real estate investment holding company’s new entity, CA Industrial, will focus on speculative development and acquisition opportunities across the country, with an initial focus on the Central U.S.
Hines, Ivanhoé Break Ground on 47-Story Houston Skyscraper
Law firm Vinson & Elkins will serve as the anchor tenant of the 1 million-square-foot upcoming building, scheduled for completion in late 2021.
Pittsburgh Plugs into ESAS
In the first U.S. initiative of its kind, IoT-based technology will cut the city’s power costs.
Energizing Investment Strategies
Randy Moss of Yardi Energy discusses the rising importance of efficiency in property values.
EarthTronics Debuts LEDs
The manufacturer’s new line features a slim design and a 50,000-hour performance life.
Tackling Transmission Roadblocks
Former FERC chairmen urge lawmakers to address the hurdles that hamper vital upgrades.