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Self-Storage REITs to Merge in $340M Deal
Strategic Storage Trust II will pay holders of Strategic Storage Growth Trust stock a total of $12 per share in cash.
Cap Rates Rise for Net Lease Retail, Office; Down for Industrial
The average cap rate for the single-tenant net lease retail sector has continued to increase all year and hit its highest level since 2015, The Boulder Group reports.
Portland Office Tower Changes Hands
American Realty Advisors and Unico Properties have teamed up to acquire MODA Tower, a 24-story building at 601 SW 2nd Ave. in the city’s downtown.
DC Office Building Commands $157M
The Mount Vernon Triangle property was completed in 1973 and, following complete renovations in 2010, achieved LEED Platinum certification.
How Does Tech Influence CRE in North America?
Cushman & Wakefield details the top 25 North American tech hubs and their impact on commercial real estate, particularly the office sector.
Big Leases, Coworking Power Metro DC’s Office Market
A new CBRE report illustrates the strength that large deals, mostly by governmental entities, and the ongoing surge in coworking space are bringing to the market.
Survey Closed: 2019 Top Mortgage Banking Firms Survey
Don’t miss out on the chance to participate in the 2019 CPE-MHN 2018 Top Mortgage Banks Survey and be ranked among the top mortgage banking firms in the U.S.!
RAF Pacifica Sells San Diego Industrial Portfolio for $170M
Cushman & Wakefield facilitated the deal, which included a dozen Class A assets totaling more than 1 million square feet.
ULI Forecasts Strong Outlook for CRE Through 2020
Average vacancy rates and rental rate growth, despite a few minute fluctuations here and there, will remain positive for all major sectors.
George Smith Partners Assembles $106M for Spec Project in Phoenix
The 250,000-square-foot Class A office tower, along with 44,000 square feet of lifestyle retail, is part of The Watermark Tempe, a mixed-use project that Fenix Development is undertaking in Tempe, Ariz.