Business Specialties
Paces Taps New Management for Atlanta Portfolio
The ten retail and mixed-use properties—two of which are currently under construction—contain approximately half a million square feet.
Scannell Properties Snaps Up NC Warehouse
The Dilweg Cos. sold Regional Commerce Center, a 46-building property at 706 Ellis Road in Durham for $6.7 million. The 1.2 million-square-foot complex was 34 percent leased at the time of the sale.
Economy Watch: Construction Costs Still Rising in Major Metros
Led by two California markets, all but one of the 12 major metros tracked by Rider Levett Bucknall posted an increase last year
SD Project Lands $33M Construction Financing
The industrial development, a cold storage facility containing more than 200,000 square feet, may be expanded to a total of 800,000 square feet in the future.
EdgeCore Forms, will Invest $2B in US Data Centers
GIC will act as main anchor investor in EdgeCore Internet Real Estate. The company is targeting six key markets across the U.S. and plans to deploy the first facilities by the end of the year.
PACE Funding Comes Clean
Executives from CleanFund Commercial PACE Capital offer insights into a steadily expanding financing option.
R&B Realty Readies for Miami Office Groundbreaking
The developer plans to break ground on The Gateway at Wynwood in the next 90 days, and has retained Colliers’ Stephen Rutchik to spearhead leasing efforts at the property.
KBS Sells South Beach Asset for $38M
CBRE’s Capital Markets and Debt & Structured Finance teams facilitated the transaction and arranged acquisition financing on behalf of buyer Green Oak Real Estate.
North Sea Wind Farm Offers New Model
The North Sea Wind Power Hub, a man-made island in the North Sea, could be a breakthrough for renewable power. The planned distribution hub will send electricity via long-distance cables to six European countries.
From Tax Cuts to Rate Cuts
A growing number of large investor-owned electric utilities plan to pass along their windfall from corporate tax cuts in the form of lower rates. Where will customers benefit?