Business Specialties
CFO, IBM Study Details Corporate Real Estate’s Rising Profile
With the recovering economy fueling broad-based growth, commercial real estate will play a larger role in corporate expenditures, according to a report presented by CFO Research and IBM yesterday at CoreNet Global’s North American Summit in Washington, D.C.
Cresa Brings Travers Realty into the Fold, Boosts Southern California Footprint
Travers Realty Corp. has merged with the Southern California offices of Boston-based Cresa to form a powerhouse tenant representation firm with nearly 150 local employees and more than 1,000 internationally.
ULI Special Report: CRE Continues Momentum into 2015, but Investors Look Beyond Traditional Core Markets
The U.S. commercial real estate market has been gaining strength, and that trend is expected to continue in 2015, according to responses to the latest “Emerging Trends in Real Estate Report.”
With $112M Sale, DCT Industrial Exits Columbus Market
In a transaction that marks its departure from the metropolitan Columbus market, DCT Industrial Trust of Denver has sold a 3.5 million-square-foot portfolio in the Ohio capital to Exeter Property Group for $112.1 million, the REIT announced Monday.
ULI Special Report: Crowdfunding Leaders Share Insights
Innovation was a recurring theme at the Urban Land Institute’s fall conference in Manhattan last week, and capital markets took the spotlight when a panel of executives explored the crowdfunding phenomenon.
Steadfast Apartment REIT Enters Georgia with 696-Unit Acquisition in Suburban Atlanta
Steadfast Apartment REIT added 696 residential units to its holdings and made its entrée into a fourth state with the acquisition of a two-property apartment community in the suburban Atlanta town of Suwanee, Ga.
National RE, KRE Group Break Ground on Jersey City M-U Tower
National Real Estate Advisors and the KRE Group have officially broken ground on Journal Squared, a three-tower, mixed-use development adjacent to Jersey City’s Journal Square PATH Station.
AREP-Investcorp JV Purchases Metro DC Office Complex
A joint venture of American Real Estate Partners and Investcorp has acquired Canal Center, a four-building, 540,000-square-foot Class A office complex on the Potomac River in Alexandria, Va.
Economy Watch: New Home Sales, Mortgage Delinquencies, Gas Prices
New single-family home sales rose and delinquent residential mortgages dropped in September. Gas prices continue to fall – freeing cash for holiday shopping?
Greenbuild Special Report: Finding the Value of Healthy Buildings
Much like when the green building movement that first hit CRE at the turn of the millennia, we are currently sitting at the starting line for a new era of change. This time the target is not the building, but rather its users.