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Salt Lake City-Area Retail Center Lands $69M Refi
Dallas-based TriGate Capital received the financing for the 726,000-square-foot, Harmons-anchored property in Taylorsville, Utah. HFF secured the 3-year, floating-rate loan.
Remembering Paul Allen, Tech Pioneer and Real Estate Entrepreneur
Among many other accomplishments, the innovator and philanthropist was the founder of Vulcan Real Estate, which has done much to reshape his Seattle hometown.
CRE Outlook: More Financing, Payment Innovation to Come
Ten-X Commercial’s Maureen Waters forecasts the transformative effects that cryptocurrencies and crowdfunding platforms will have on commercial real estate transactions.
Markets See Industrial Supply Trail Demand
Marcus & Millichap’s newly released local reports reveal a handful of sector trends in metropolitan areas across the U.S. and Canada for the second half of 2018.
How Sears’ Bankruptcy Filing Will Influence Retail
While some malls may be hit hard, others will look to redevelop the anchor spaces with different uses, such as apartments, hotels, restaurants, offices and entertainment offerings.
Ivanhoé, CapRock Develop Major Inland Empire Industrial Project
The partnership has broken ground on Colony Commerce Center, a 3 million-square-foot logistics complex. Phase one is slated for delivery next year.
Artificial Intelligence’s Impact on CRE
The technological advance is rapidly growing within the industry, but there are some concerns within the corporate space, according to a panel at CoreNet Global’s 2018 Summit in Boston.
Arch Cos. JV Snags $63M Charlotte Office
The company teamed up with Lakestar Properties on the acquisition of Cambridge, a 350,000-square-foot property within the 2,200-acre University Research Park.
Woodbine Legacy Investments Pays $152M for LA DoubleTree Hotel
The new owner plans to spend as much as $35 million in renovations. The deal includes an adjacent site slated for office development.
Newmark Knight Frank Brokers Major Williamsburg Lease
Cornell Realty Group signed a 40,500-square-foot lease at a former industrial building. The five-story property will be redeveloped to include a new facade and modernized lobby and elevators.