Investment
RER Sentiment Index: CRE Industry Still Looks Good—For Now
Industry executives remain cautiously optimistic about commercial real estate in 2016.
Out-of-Town Investor Acquires Pictoria Tower for Nearly $26M
New Jersey investor Fairbridge Properties acquired the Pictoria Tower, one of Cincinnati’s trophy assets.
St. David’s HealthCare Investing in Central Texas Healthcare Infrastructure
It will be a busy couple of years for the Austin-based healthcare services provider.
Digital Realty Picks Up Euro-Portfolio for $874M
Following last year’s major expansion, Digital Realty Trust has acquired eight data centers from California-based Equinix.
Massive Meadowhall Expansion Plans Reveal New Retail Landmark
The plans for the mega-project, which includes new food and beverage spots plus an extensive leisure space, is open for public consultation.
Related Midwest to Develop Massive Downtown Chicago Site
Related Midwest is teaming up with the previous sole owner to turn a 62-acre South Loop site into a mixed-use development.
Healthcare REIT Acquires CHI Medical Office Facilities for $324M
Physicians Realty Trust shelled out $324 million to acquire 26 medical office facilities.
601W Completes Acquisition of Chicago’s Old Main Post Office
The iconic structure will undergo a $500 million makeover after lying in neglect for more than two decades.
Economy Watch: Single-Tenant Retail Accounts for Most Sector Growth
Certain retail sectors are seeing more development, such as single-tenant structures.
Office Building in Tokyo’s Busiest Commercial Area Becomes Internationally-Branded Hotel
The 200-key accommodation facility is scheduled to open in the summer of 2017 and it will be a viable option for tourists in the Japanese capital.