Investment
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.
Kidder Mathews Brokers 429 KSF Industrial Facility
Prologis Inc acquired the 29.2-acre site from Downey Industrial Center LLC. Kidder Mathews will continue to be the manager of the property.
NewMark Merill Buys Placentia Town Center in CA
CBRE supported the buyer and Newmark Knight Frank represented the seller in the deal. NewMark Merill owns a portfolio of more than 78 shopping centers in Colorado, Illinois and California.
CA Investor Enters San Antonio Industrial Market
St. Clair Commercial Real Estate purchased its first San Antonio industrial asset, a 171,145-square-foot manufacturing property with significant value-add opportunities.
NAR, JLL Keen on 2018
Sharing their thoughts at the 2017 Realtors Conference & Expo, economists from the National Association of Realtors and JLL expressed confidence in the 2018 commercial real estate market.
SC to Gain $1.5B Solar Investment
Cypress Creek Renewables will train as many as 7,000 people in a plan that would boost the number of workers in South Carolina’s solar energy industry to more than 10,000 over the next decade.
Texas Bullion Depository Heading to Leander, TX
Th city of Leander will be the future home of the Texas Bullion Depository. Construction is anticipated to begin in early 2018, with completion slated for late 2018 or early 2019.