Featured
Plymouth Industrial Closes $300M Unsecured Credit Facilities
The unsecured $200 million revolving facility and $100 million term loan have an accordion feature for an additional $200 million of borrowing capacity.
San Jose Unveils New Plans for Google Megaproject
LendLease serves as development manager for the upcoming mixed-use project, which includes as much as 7.3 million square feet of office space.
Return to the Office Tied to Schools Reopening in JLL Report
Despite improvement in some aspects of the employment picture, job losses rose by 400,000 and a significant number of women left the workforce.
Mack Real Estate Group Pays $59M for Phoenix Asset
The firm acquired a newly built logistics property in Goodyear, Ariz., in one of the region’s biggest industrial deals of the year.
CMBS Special Servicing Rates Surge: Trepp
Retail- and hospitality-secured CMBS hit record-high levels in September.
Trilith Development Launches 935-Acre Studio-Centric Concept
The company has merged its Trilith Studios with the Pinewood Forest urbanist town development to create a new live-work setting catering to Atlanta’s film and creative industries.
Service Properties Trust Terminates Agreements for 122 Marriott Hotels
The REIT plans to transfer management of 98 of the properties to Sonesta International and sell the remaining 24 for $153 million.
RW Holdings NNN Outsources Management of 2.4 MSF Portfolio
The REIT has selected Colliers International to oversee all property-level operations at 42 assets spread throughout 14 states.
CRE Transaction Activity Picks Up, NAIOP Reports
Deals and rent collections are seeing month-over-month improvements, though the tough times are not over, according to the latest results of the association’s coronavirus impact survey.
Women in Green Building Struggle With Pandemic Impacts: USGBC
A majority of the women surveyed by the U.S. Green Building Council said there have been setbacks in gender equity in their offices since the outbreak of the virus.