Featured
When Will Convention and Group Travel Demand Return?
RevPAR in dense urban markets remains more than 80 percent below 2019 levels, according to CBRE Hotels Research.
Pessimism Grows Among New York City Brokers
While the overall figures are discouraging, sector-level results indicate a divergence in sentiment, according to REBNY’s latest report.
Tech Tenants Remain Biggest Force in Office Leasing
From 2010 to 2019, 1.5 million technology jobs were created. Only 58,000 have been lost in 2020.
Supply Chain Resiliency To Boost Logistics Demand
Many customers are poised to hike inventory levels by 5 to 10 percent, a Prologis executive revealed at SIOR’s CREate 360 conference.
Iron Mountain Extends Global Connectivity
The company’s partnership with global IP connectivity supplier Telia Carrier makes its data center platform even more valuable to customers.
Hines JV to Build 1st Phase of 16 MSF Project in Italy
The company and partner Cale Street are investing $590 million in the mixed-use development in Milan.
Lone Star Funds Sells New Jersey Office Asset
JLL Capital Markets arranged the sale of a Class A building at 180 Park Ave. in Florham Park.
Radisson Launches Brand for Individual Hotels, Small Chains
The global hospitality company is also expanding its existing brands, having signed a total of 10 deals across EMEA in the third quarter.
HBC Launches New CRE Investment Business
North America’s oldest retailer has created HBC Properties and Investments to manage its 40 million-square-foot portfolio.
Marcus & Millichap Buys Mission Capital
The acquisition of the debt and equity brokerage adds a firm that has closed $65 billion in deals since its founding.