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George Smith Partners Opens NYC Office
The expansion to Manhattan marks the Los Angeles-based capital markets advisor’s first location on the East Coast. Ed Steffelin will head the new outpost in his capacity as senior vice president.
Castellum Buys, Sells $550M in Swedish Office Assets
The real estate company continues to refocus its portfolio on growth areas, with the purchase of six properties in Linköping and the disposition of 20 others in Sundsvall.
London Draws Most Global Real Estate Investment
Despite Brexit concerns, the city topped JLL’s list for the second consecutive year, with Los Angeles, Paris and Shanghai also among the most coveted markets. But which gateway destination is the runner-up?
Welcome Group Lands $300M Capital Infusion
The Texas developer will use the funding from an investment vehicle managed by Almanac Realty Investors to reinforce its existing strengths in single-tenant projects, primarily industrial.
Knotel Grows Presence in Europe
With the acquisition of Deskeo, France’s leading operator of flexible office space, the company has expanded its footprint, adding 20 locations in Paris.
Stack Infrastructure to Build TX Data Center Campus
The newly formed company has teamed up with Hillwood to develop a hyperscale facility at the 26,000-acre AllianceTexas master-planned community in north Fort Worth.
Finmarc Management Buys MD Shopping Center
The company paid $43.9 million to acquire a 280,000-square-foot Upper Marlboro mall, which is anchored by Marshalls, Shoppers Food Warehouse, Regency Furniture, Advanced Dollar Tree and Dress Barn.
Self Storage Meets the Sharing Economy
Daniel Kluesing, CEO of San Francisco-based startup Sharespace, contends that sharing could help meet demand for storage in development-constrained markets.
Brookfield to Redevelop 4.2 MSF Houston Center
The company, which acquired the four-building office campus for $875 million in late 2017, plans to launch a major upgrade of the property next month.
How Coworking Affects Asset Values
CBRE sampled recent office sales around the country to assess the influence of flexible workspace on cap rates and property values.