Investment
Investors Are Bearish This Year: DLA Piper
Concerns over interest rate hikes—and the possibility of more—are driving pessimism, according to the law firm’s annual sentiment survey.
Pentaurus Acquires New Jersey Office Campus
Morristown Plaza traded almost fully occupied.
North Palisade Partners Pays $45M for Inland Empire Site
Plans call for the conversion of the former waterpark into a Class A distribution facility.
Herrick Co. Pays $150M for Detroit Office Tower
Huntington National Bank occupies the entire 21-story building.
LACERA Sells Phoenix Flex Industrial Portfolio
The two-building asset traded for $23.6 million.
Barkham Predicts Mild Recession, Rapid Recovery
At the NAREE conference, CBRE’s chief economist praised a well-balanced office supply and demand, while identifying only a narrow band of impacted buildings.
Bernard Capital Acquires Chicago-Area Mixed-Use
CenterPoint Properties Trust sold the retail and industrial property.
How Much Are Office REITs Weighing Down the Sector?
CEOs, investors and analysts shared insights about the market and individual companies at Nareit’s annual REITweek conference.
Granger Group Sells Detroit-Area MOB
Friedman Real Estate brokered the sale of Health Park South in Battle Creek, Mich.
Kennedy Wilson Sells $2B Construction Loan Portfolio
The deal represents most of a package the firm acquired from a regional bank last month.