Business Specialties
CIM Group Buys Denver Office Complex
The purchase of the LoDo Towers is the company’s first deal in downtown Denver, but it has been working on a large redevelopment project a few miles away.
CRG Taps Into Portland Industrial Market
The company will develop a 350,000-square-foot speculative industrial and logistics facility in Troutdale Reynolds Industrial Park, scheduled for completion next summer.
Murphy Development Kicks Off San Diego Spec Project
The nearly 80,000-square-foot Class A industrial building will be part of the 116-acre Siempre Viva Business Park in Otay Mesa.
Duke Realty Closes 354 KSF Lease at NJ Asset
The firm signed eCommerce fulfillment and logistics solutions company 4PX Express to fully occupy ePort 1000, one of three new buildings in ePort Logistics Center.
American University’s Road to Carbon Neutrality
American University has achieved carbon neutrality, reaching the its goal of zero carbon footprint two years early. The university attributes achievement to solar power and campus-wide efforts.
MGM Resorts Bets on 100MW Solar Array
Located 25 miles north of Las Vegas in the Dry Lake Solar Energy Zone, the solar project will provide as much as 90 percent of daytime power to MGM Resorts’ properties on the Strip.
Xcel Advances $1.6B Wind Plan for Texas, NM
Xcel Energy will own and operate two more wind farms in Texas and New Mexico, which combined will have 1,230 megawatts of capacity. The facilities are anticipated to save customers in the region $2.8 billion over a 30-year period.
The Unique Challenges of EB-5 Defaults
While the program has been a valuable financing tool for the real estate industry, it has also attracted poorly conceived projects and abuses. Avison Young Principal Jay Maddox offers insight on what to do when things go wrong.
Amazon’s Challenge to Institutional Real Estate
Amazon’s top picks for its second headquarters are showing real estate investors how they can find value in select non-gateway markets, argue CenterSquare Invesment Management’s Scott Crowe and Uma Pattarkine.
NYU’s Sam Chandan on the Changing Real Estate Capital Markets
The associate dean of the NYU Schack Institute of Real Estate discusses how economic and policy changes are impacting the real estate capital markets, the potential for a next recession and the risks investors should consider going forward.