Business Specialties
Tighter Markets, Rising Rents: 2014 Retail Outlook
Signs are pointing to strengthening retail markets around the country. Even locations with relatively high vacancy are expected tighten this year, according to projections from Marcus & Millichap Real Estate Investment Services Inc. To see estimated vacancy, asking rents and construction completions for more than 40 major markets, download Marcus & Millichap’s 2014 National Retail Report and turn to the table on page 32. In addition to these 2014 projections, the 64-page report includes detailed updates on the factors shaping investment prospects in each of those markets. To access the proprietary information in the 2014 National Retail Report, log in…
Cost Analysis: Making Hybrid Systems Pencil
The expectation going forward is that as PV and storage costs fall further and performance improves over the next several years, and as developers further enhance system software, solar-plus-battery investments will pencil in more states, and likewise for a broader roster of corporate and multi-tenant property types, configurations and locations.
LinkedIn’s Lease at Tishman’s San Francisco Tower—Trend Among Tech Companies
Technology companies continue to power the hot office market in San Francisco, with LinkedIn announcing it is leasing the entire 26-story office building Tishman Speyer is constructing at 222 Second St.
ULI Spring 2014: Investment Trends in Latin America
Fred Gortner, managing director & COO at Paladin Realty Partners, talks about his firm’s investment strategy. Over the last 15 years, Paladin has been one of the leading investors in Latin America, with activity spanning seven countries and valued at over $5 billion in assets.
Federal Capital Partners, Roi-Tan JV Buys Historic Cigar Factory in Charleston, SC
The historic Cigar Factory building in Charleston, S.C., is destined for a major makeover now that joint venture partners Federal Capital Partners and Roi-Tan Investments have acquired the 245,000-square-foot office structure and announced plans for its $55 million transformation into a premier mixed-use office and retail property.
Cardinal, Capital Solutions Receive Financing for East Denver M-F Community
A joint venture between Cardinal Group Investments and Capital Solutions has secured a 12-year fixed-rate loan for financing for Fairways at Lowry, a 450-unit multi-housing community in the Lowry submarket of Denver.
Global Law Firm Leases 200 KSF at Chicago’s Willis Tower
Global law firm Seyfarth Shaw has agreed to lease about 200,000 square feet at the 110-story Willis Tower in downtown Chicago in a 15-year-deal that will boost the iconic skyscraper’s occupancy past 90 percent.
Executive Insights: Jihane A. Boury, Harwood International
Harwood International’s Jihane Boury talks about master-planning of the district of HARWOOD in Uptown Dallas.
CBRE Arranges $142M Loan for 4 MSF Industrial Portfolio in Georgia, Nevada, Texas
KTR Industrial Fund III, an investment vehicle of KTR Capital Partners, has just reeled in $142 million of financing for a 4.3 million-square-foot portfolio in Georgia, Nevada and Texas, courtesy of a helping hand from CBRE Capital Markets’ Debt & Structured Finance group.