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Why NYC Brokers Feel So Optimistic
A new report from the Real Estate Board of New York shows signs of progress, plus some reasons for caution.
The Ups and Downs of CRE Construction
Materials and labor shortages are clashing with an optimistic, rebounding market, according to RICS.
Facebook to Kick Off $800M Phoenix-Area Project
The facility is envisioned as a sustainable showcase, using 100 percent renewable energy.
South Florida Industrial Asset Trades for $71M
Bridge Industrial sold the property two years after acquiring it for $38 million.
The July/August Digital Issue of CPE Is Now Available!
You can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles for an in-depth look at the topics that most interest you.
George Oliver Pockets $57M for Experiential Office Asset
The property sold for $312 per square foot, setting a record for its Phoenix submarket.
Uber Inks Lease for Miami Base
Blackstone-owned EQ Office is the landlord at the company’s new location.
Midtown Manhattan Tower Scores $148M Loan
The office refinancing marks PCCP’s fifth New York City deal in nine months.
Blackstone Buys WPT Industrial REIT for $3.2B
The all-cash transaction will allow Blackstone Real Estate Income Trust Inc. to enhance its U.S. logistics footprint.
Why Construction Continues to Slow Down
Nonresidential construction planning fell 6 percent in July, according to the Dodge Momentum Index.