Business Specialties
Trinity Capital Advisors and DRA Advisors JV Acquires 584 KSF 400 South Tryon
Trinity Capital Advisors has been heating up the Charlotte commercial real estate market of late.
Hines Buys Suburban Phoenix Site with Plans to Replace Eyesore with M-U Project
Hines has made a purchase that will soon bring a sigh of relief to many residents of the City of Chandler, roughly 25 miles outside of Phoenix.
Prescott Sells 242 KSF Office Complex in Fort Worth,Texas
Investment sales activity continues at a solid pace and Prescott Realty Group’s sale of Summit Office Park is among the latest transactions.
CBRE Global Investors Fund Buys 11-Building Miami Office Park
Strategic Partners U.S., an affiliate of CBRE Global Investors, has acquired Airport Corporate Center, a 45-acre office park, from Hines REIT Airport Corp.
Hillwood Expands into Canada, Europe
Hillwood is entering the Canadian real estate market, with plans to build the largest speculative industrial development in Alberta. The company also unveiled plans to enter the European logistics real estate market, with $1.3 billion worth of investments over the next three to four years.
INTERNATIONAL: Brookfield Canada Grabs Brookfield Place Calgary East Tower
Brookfield Canada Office Properties has bought Brookfield Place Calgary’s 56-story office tower, which is currently under construction.
Transwestern to Lease 1.5 MSF Office Park in Houston to Signorelli
Transwestern will be the exclusive leasing agent for Valley Ranch Commerce District, a new office park to be developed in the Houston area.
Fitch Sees Room for Improvement in U.S. CMBS Market
By Keith Loria, Contributing Editor: While there are many favorable aspects to the general health of the U.S. CMBS sector, some areas could bear improvement, according to Fitch Ratings.
Single-Family REITs and Funds in the Improving Housing Market
By Christopher Tower, Regional Managing Partner, Assurance Services at BDO USA L.L.P.: Single-family REITs and funds are well positioned for long-term growth, but they will need to consider a few possible strategies to adjust to an evolving landscape.
Estoppel Certificates: Achieving Certainty
By Manuel Fishman, Real Estate Attorney, Buchalter Nemer: In most every acquisition of a commercial property, the prospective buyer will require that the property’s tenants execute an estoppel certificate. Be sure the right language is included.