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KBS Nabs $147M Orange County Office Tower
The new owner of City Tower is set to embark on a renovation program that includes upgrading the exterior and the addition of a fitness center.
Trump’s Steel, Aluminum Tariffs: Timber Gets a Shot
The decision means higher building costs, but also an opportunity for alternative construction trends. CPE talked to Steve Conboy about the impact of this White House move.
Risks, Benefits of Dog-Friendly Offices
More employers are exploring the benefits of allowing pets in the workplace, but what are the legal, health and safety implications for landlords or property managers? Diane Hvolka from Cozen O’Connor Real Estate shares some insights.
TSG Group’s New Platform Buys Downtown Indy Tower
Black Salmon, the company’s recently launched CRE investment vehicle, has acquired BMO Plaza, a 444,644-square-foot, 28-story Class A office building in Indianapolis’ central business district.
CRE Deal Volume Drops in Q4
Deal activity slowed in the last quarter of 2017, as investors waited to see if tax reform would pass in 2018. According to the most recent Ten-X Commercial report, they may also have been worried about whether the U.S. economic expansion, which is approaching the second longest expansion period in the nation’s history, would continue.
CBRE Arranges 199 KSF Plano Office Property Trade
With the assistance of the commercial real estate services firm, Alexander & Baldwin sold the suburban Dallas complex at 1800 & 1820 Preston Park to Libitzky Property Cos. and Sunwest Real Estate Group.
Stonecrop Technologies Inks 527 KSF Lease in Columbus
In a quick move that reflects the strength of the local market, Plymouth Industrial REIT signed the newcomer to a three-year deal just a few months after the old tenant vacated space.
The Impact of P3s on US Building and Infrastructure Projects
Skanska’s Michael C. Brown talked to Commercial Property Executive about the current status of Florida’s construction sector and the significance of public-private partnerships.
Development’s Return in Los Angeles
Office development reached a cycle high of 2.3 million square feet in 2017, marking a 53.7 percent year-over-year increase. Construction has picked up in less popular areas such as Jefferson Corridor and downtown Long Beach, while North Hollywood emerged as the most active suburban submarket.