Investment
Harbor Freight Adds 1 MSF to SC Hub
Already the region’s largest employer, the retailer intends to double its workforce. With this expansion, Harbor’s total investment in South Carolina will exceed $200 million.
CBRE Puts Chicago Retail Property on the Market
Elston Logan Plaza is fully leased to XSport Fitness, Panera Bread and Mattress Firm. CBRE Vice President Keely Polczynski will be in charge of listing the property.
Investcorp Makes $156M Manhattan Office Buy
The firm joined forces with Brickman to acquire two assets totaling 267,000 square feet. The Midtown Manhattan properties are fully occupied by more than 20 long-term tenants.
Columbus Engages Arcadis for Wastewater Plant Improvements
Arcadis will design a heat and power engine capable of burning biogas to produce electricity and heat for the plant, helping the city increase its sustainability.
Under the Radar: 2018 Top Markets
Investors are no longer thinking big in big cities, as secondary markets have stolen the spotlight by offering younger and highly educated workforce, diverse economy and job opportunities. According to the Urban Land Institute and PwC’s Emerging Trends in Real Estate 2018 report, secondary markets have become successful replicas of the competitive metros, but where should you actually focus your attention?
Transwestern Nabs 2.5 MSF Industrial Portfolio
The company has acquired nine properties in St. Louis and Indianapolis, expanding its Midwestern portfolio to more than 10 million square feet.
CBRE Global Investors Closes Asia Value-Added Fund
CBRE Asia Value IV and its co-investment vehicles are expected to have more than $2.5 billion in buying power. The investment team has acquired or committed $1.1 billion to five investments, primarily in logistics assets in Japan and China.
CRE’s Crystal Ball: Executive Predictions, Past & Present
In this continuing series marking CPE’s 30th anniversary, seasoned executives reflect on past predictions and discuss what’s on the industry’s horizon.
ACCIONA to Double Its Renewable Capacity in Latin America by 2020
ACCIONA currently owns 897 megawatts of wind and solar power capacity in the region, specifically in Chile, Mexico and Costa Rica.
The 2017 CPE Distinguished Achievement Award Winners
From planned projects to adaptive reuse, sales transactions to financing packages and leasing deals, the winners of the seventh annual CPE Distinguished Achievement Awards represent the best of the best in commercial real estate deals during 2016.