Featured
World’s Coolest Data Center Coming to Norway
Kolos, a company with offices in the U.S. and Europe, has set its sights on Ballangen, a Norwegian town north of the Arctic Circle, as the location for its hyper-scale project.
LR Health & Beauty Selects Germany for Production Plant
The company is adding a cutting-edge manufacturing facility to its home base in Ahlen to accommodate the development of aloe vera products.
Robust Development, Insatiable Demand in Seattle
The metro has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.
Skanska Tops Out DC Office Development
99M will consist of nearly 220,000 square feet of office space, and about 11,000 square feet of retail and restaurant space on the ground floor.
The September digital issue of CPE is now available!
The September issue focuses on Capital Markets, with features on the capital stack and non-traded REITS. Our economist Hugh Kelly’s column discusses how an immigration plan might damage CRE. And don’t miss our latest Mission: Success, a profile of Tom McGuinness, the innovative CEO at InvenTrust.
Mitsui Fudosan Buys Stake in $3.6B Hudson Yards Project
The Japanese developer will take a 90 percent stake in 50 Hudson Yards on Manhattan’s Far West Side. The deal follows its 2014 acquisition of the nearby 55 Hudson Yards tower.
Rents Rise Despite Surging Deliveries in Denver
Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.
Carlyle Group Snags $85M for San Jose Campus
The company has secured the five-year, floating-rate loan to refinance 4300 and 4400 North First St., two Class A office buildings situated in the Innovation Triangle submarket of Silicon Valley.
Dominguez Sells LA Office-Medical Asset for $49M
Newmark Knight Frank represented the company in the disposition of Madrona Business Campus, a 211,400-square-foot property in Torrance, Calif.
CPE’s Top 5 Articles in August
Miss out on any CPE stories in August? Here are five of our most popular articles for the month, including our ranking of the 2017 Top 50 Property Managers and a post on why department stores closures may not be so bad for retail real estate owners.