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Few Economists See Downturn Despite Waning Growth Outlook
Most participants at the National Association of Business Economists meeting in Denver were sanguine about the prospects for the U.S. economy.
Queensgate Investments’ $400M US Expansion
The British private equity firm has acquired the boutique hostel brand Freehand Hotels from a consortium that includes an investment firm controlled by the billionaire Ron Burkle.
Coworking Creates Turmoil Across the Pond
A new report from Avison Young outlines how the rise of flex office space in the U.K. is challenging landlords to find effective strategies in a changing market.
Meridian Sells Pasadena MOB Campus
The deal comes three years after Meridian acquired Cotton Medical Center, a two-building, 115,000-square-foot asset.
LaSalle Enters Life Sciences Market
The investment management firm has acquired an interest in Illumina’s 793,000-square-foot world headquarters campus in San Diego.
Top 5 Markets for Office Transactions
These metros account for more than 40 percent of the nation’s total sales volume through August.
LaSalle Arranges $220M in Loans for Blackstone
The three mezzanine loans were used to refinance European portfolios of last-mile logistics and other industrial assets, comprising more than 250 properties.
$520M Tower Tops Out in Sacramento
A team led by Turner Construction Co. is on schedule to complete the 22-story headquarters for the California Natural Resources Agency by 2021.
Hartman Income Expands Houston Presence
The REIT purchased a three-property office portfolio totaling more than 250,000 square feet.
Amazon-Leased Property in Indiana Trades for $82M
The 615,750-square-foot industrial building is net leased to the e-commerce giant for 15 years.