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Is Cooling Ahead for the Hotel Market?
CBRE Hotels Research has adjusted forecasts for U.S. hotel guestroom demand and RevPAR due to an expected slowdown in the economy.
Isola to Consolidate Operations in New Arizona HQ
The laminates maker will occupy a 118,000-square-foot facility in the Phoenix suburb of Chandler.
BFIN Sells Office Campus in Houston for $90M
A Los Angeles-based firm acquired the two 18-story buildings in the city’s Uptown market.
Hines, Oaktree Capital Management Make $93M Arlington Deal
JLL represented Westbrook Partners in the disposition of the 178,700-square-foot building and orchestrated an acquisition loan for the buyer.
Data Center Market Poised for Serious Expansion
With a substantial amount of product in the pipeline, will strong absorption continue and keep rents from declining further?
Starwood JV Buys Suburban Austin Office Asset
The partnership acquired the five-building, 319,000-square-foot Campus at Arboretum, situated 15 miles from downtown Austin.
Tampa Assets Trade for $146M
UBS Realty Investors sold two properties for the highest price paid this year in Hillsborough County, which includes Tampa.
Virginia Data Center Lands $67M Refi
Element Critical will use the proceeds to expand the facility, which is located in the world’s largest data center market.
Arizona’s 2nd-Tallest Building Commands $93M
The JV that acquired the 31-story Phoenix office asset is set to invest $15 million in upgrades.
Yield Curve Inversion Might Portend, But Doesn’t Predict, Recession
An update from Cushman & Wakefield discusses the correlation between an inverted yield curve and its implications for commercial real estate.