Investment
Expo Real 2018: Office Investment Trends
Coworking is here to stay, specialists at the real estate and investment conference in Munich agree. Meanwhile, developers are striving to provide new stock that satisfies both the Millennial crowd and more experienced professionals.
Southern Cities Shine in ULI-PwC Emerging Trends Report
On the publication’s 40th anniversary, panelists discussed indicators of unprecedented change and identified new markets to watch at the ULI Fall Meeting in Boston.
Emerson Buys Houston Office Property
JLL Capital Markets represented the seller, The Mallick Group, in its disposition of a 151,000-square-foot vacant building in the Westchase submarket.
Building Toward a Common Good
At the Urban Land Institute’s annual conference, seasoned developers exchanged stories of challenges they have overcome in creating economic value and public benefit.
Levin Johnston Arranges Bay Area Self-Storage Sale
The brokerage firm arranged the sale of two self-storage facilities located in Sunnyvale and Fremont, Calif. The assets traded for $28 million.
Consolidated-Tomoka Snags 210 KSF Albuquerque Office Property
The asset, fully leased to an affiliate of Fidelity Investments, is located within Mesa del Sol, a 12,900-acre mixed-use master-planned community.
Plymouth Industrial REIT Grows OH Presence
The buyer paid $27 million for a 400,000-square-foot, Class A building in Cleveland, and plans to spend a further $24.8 million on a 1.1 million-square-foot property in Cincinnati.
Seattle’s 10 Most Transacted Submarkets by Office Sales Volume
Seattle continues to shine due to its ongoing population growth, solid employment, strong academic footprint and tech-bolstered office demand. More than $2 billion worth of office assets changed hands between January and August 2018.
Texas Developer Nabs 294 KSF Charlotte Shopping Center
CBRE facilitated the deal on behalf of the seller. Ross Dress for Less, Michaels, Office Depot, Guitar Center and Rack Room Shoes anchor the retail asset.
Fenway Capital, Iron Point Buy $25M Phoenix Office Property
The new owners are set to invest more than $7 million in capital and tenant improvements. CBRE’s Capital Markets secured an acquisition loan through CapitalSource.