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Amazon Adds El Paso to Fulfillment Center Lineup
The e-commerce giant plans to open the 625,000-square-foot development by 2021, when it will also create more than 700 full-time jobs.
Which CRE Markets Top STEM Job Growth Ranking?
RCLCO and CapRidge Partners track the current job momentum and identify future employment trends.
Top 5 Markets for Office Transaction Growth
The metros on this list saw at least triple-digit growth rates in transaction volume year-to-date through May, compared to the same period of 2019, according to Yardi Matrix data.
Nonresidential Construction to Decline, AIA Report Says
Spending on nonresidential building, having already fallen over the last few months, is projected to decline through at least part of 2021, according to a new forecast from the American Institute of Architects.
Ground Breaks on 1 MSF St. Louis Mixed-Use Project
Forsyth Pointe in Clayton, Mo., which will include 450,000 square feet of office space, is scheduled for completion in 2022.
Eldorado, Caesars Entertainment Complete $17B Merger
VICI Properties, a REIT spun off from Caesars Entertainment, completed multiple transactions related to the blockbuster merger that created the world’s largest casino and entertainment company.
KKR Closes Fund With $950M in Commitments
Like its predecessor investment vehicle, KKR Real Estate Credit Opportunity Partners II will focus on the acquisition of new-issue conduit CMBS.
AIG Reshuffles New York Footprint With 3 New Leases
The insurance giant is relocating its headquarters and splitting the remainder of its offices among Midtown, Lower Manhattan and Jersey City.
New Jersey Industrial Park Lands $104M in Construction Loans
Cushman & Wakefield arranged the funding for Advance Realty Investors and Greek Development, which are planning a 3.2 million-square-foot project in metro Philadelphia.
Where Are the Top Tech Talent Markets?
Three metros continue their dominance, while the entire sector looks to weather the effects of the COVID-19 pandemic.