Investment
Retail Shows Surprising Resilience: IRR Report
Despite retailer bankruptcies and the onslaught of e-commerce, the retail real estate sector in most markets is in reasonably good shape, the analysis concludes.
Hyatt Regency Bethesda Completes $37M Transformation
Gensler collaborated on the renovation, which brought upgrades to the hotel’s 390 guestrooms, lobby, facade, event and meeting spaces, as well as a new rooftop lounge.
ASB to Sell Infomart Dallas for $800M
The 1.6 million-square-foot data center and office complex the company purchased in 2005 will soon come under Equinix Inc.’s ownership, in a cash and stock transaction.
Top 10 Office Developers in the Northeast US
In this region, companies strive to deliver massive office buildings featuring high-end amenities, with Manhattan’s Hudson Yards mega-campus leading the way.
Scannell Properties Snaps Up NC Warehouse
The Dilweg Cos. sold Regional Commerce Center, a 46-building property at 706 Ellis Road in Durham for $6.7 million. The 1.2 million-square-foot complex was 34 percent leased at the time of the sale.
EdgeCore Forms, will Invest $2B in US Data Centers
GIC will act as main anchor investor in EdgeCore Internet Real Estate. The company is targeting six key markets across the U.S. and plans to deploy the first facilities by the end of the year.
KBS Sells South Beach Asset for $38M
CBRE’s Capital Markets and Debt & Structured Finance teams facilitated the transaction and arranged acquisition financing on behalf of buyer Green Oak Real Estate.
DFW Industrial Park Lands $40M Equity
HFF secured the money for Copeland Commercial’s first phase of the 2.8 million-square-foot DFW Commerce Center. Phase one will include a cross dock distribution and warehouse building with state-of-the-art facilities.
JV Buys $26M Land for DC-Area Mixed-Use Project
The 1.8-acre parcel is part of The View, a 3-million-square-foot mixed-use development located in the Arts and Entertainment District of Tysons, Va., next to the Spring Hill Metro Station.
Brixmor Sells Suburban Nashville Retail Asset
The nearly 300,000-square-foot shopping center is anchored by Publix and home to Bed Bath & Beyond, PetSmart and a number of other retailers.