Featured
Fostering Employee Longevity in Today’s Career Environment
Bill Passo, founder & CEO of Passco Cos., discusses with CPE employee longevity in the commercial real estate industry—how it’s changed and ways to cultivate it.
Rexford Industrial Buys, Sells $136M in SoCal Assets
The standout of the three separate transactions is the addition of the fully leased, 695,100-square-foot industrial facility at 5300 Sheila St. in Commerce, near downtown Los Angeles.
New Design for Lower Manhattan?
Proposed modifications to the Stock Exchange District will be guided by three principles: creating an identity and sense of space, improving pedestrian experience and rationalizing essential deliveries.
Executive Spotlight: Fred Boehler, Americold
CEO Fred Boehler spoke with CPE about the challenges facing the temperature-controlled warehouse industry, technology’s impact on real estate and the changing retail landscape.
Canadian REIT to Buy Columbus-Area Industrial Portfolio
Granite Real Estate Investment Trust entered into an agreement to acquire four fully occupied, single-tenanted buildings in Central Ohio totaling roughly 3.8 million square feet.
Wyndham Closes $1.3B Sale of European Vacation Business
Private equity firm Platinum Equity acquired the concern, which is the largest manager of holiday rentals in the region. The deal comprises more than 110,000 units in 25 countries.
Multiplex to Build Major Sydney Office Tower
Winten Property Group selected the Sydney-based contractor to develop a 640,000-square-foot building within the North Sydney CBD. The project is scheduled for completion in 2020.
Blackstone Sells Iconic London Office for $335M
The 286,600-square-foot Cannon Bridge House property, consisting of two linked buildings atop a rail station, has changed owners after a successful renovation and repositioning.
JV Makes Oceanfront Resort Purchase in Mexico
Trinity Investments LLC, Walton Street Capital LLC and Oaktree Capital Management LP teamed up to acquire the 375-key Hilton Los Cabos Beach & Golf Resort.
Supervalu Announces Strategic Shift
The company has completed the sale and leaseback of seven of its distribution centers as part of a plan to transition away from the responsibilities of running traditional retail grocery stores.