Featured
Top Concern for CRE Execs: Interest Rates
Executives also worry that a recession may be on the way, according to Seyfarth Shaw’s fourth annual Real Estate Market Sentiment Survey.
Victoria’s Secret Closings Add to Weak Malls’ Woes
The lingerie giant is tightening the purse strings, with plans to shutter 53 stores in North America, on the heels of other recent bankruptcy and store closing announcements.
The March Digital Issue of CPE is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.
Data Center Demand Continues to Soar Globally
According to JLL’s new forecast, the call for space grows louder, bolstered by increased cloud activity, which developers rush to accommodate with expanding construction pipelines.
Skanska Delivers $154M Expansion, Renovation of Tampa Airport
The development firm has teamed up with global design firm HOK to upgrade the main terminal at Tampa International for an improved passenger experience.
Ivy Realty Obtains $41M for NJ Portfolio Purchase
Cushman & Wakefield has arranged the financing, which will also help the borrower rebrand the value-add collection of seven industrial assets.
Hines Buys German Office Portfolio for $341M
The purchase, which includes 13 buildings and totals more than 295,275 square feet, marks the fund’s second acquisition of its kind in Stuttgart.
MOB Portfolio Trades for $45M in NY
Jacobson Properties teamed up with Cushman & Wakefield/Pyramid Brokerage Co. to represent the seller in its disposition of five properties totaling more than 200,000 square feet.
Dual-Branded Marriott in Orlando Lands $42M Loan
Meridian Capital Group has arranged the construction financing for the property, which will include a 140-key Aloft Hotel and a 144-key Element. The funding package includes EB-5 capital.
Life After Amazon for Long Island City’s One Court Square
Ratings agency DBRS’s new report forecasts outcomes for the property in light of a looming $315 million loan maturity and the 1 million-square-foot vacancy that the e-commerce giant had planned to fill.